Dragonfly Partner: Uniswap's Valuation at 240x Annualized Fee Following Fee Switch-on, Projected to Lose $100M This Year

BlockBeats News, January 7th, Dragonfly partner Omar Kanji posted, stating, "Following the activation of the fee switch, Uniswap's current valuation is approximately 240 times the annualized fee revenue (54 billion USD FDV / 23 million USD annual fee).

Further considering this year's allocation of 20 million UNI (calculated at the current price of 6.16 USD, approximately 123 million USD), the protocol is expected to incur around 100 million USD in losses this year."