Analysis: Enabling fee switches on Uniswap may cause many fraudulent pools on Base to "disappear."

2025-11-11 04:08:30

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BlockBeats News, November 11th, data analyst jpn memelord stated that a major function of enabling fee switches on Uniswap is to make fraudulent liquidity pools (such as honeypots and automated rugs) disappear overnight, because these pools rely on a protocol fee rate of zero. Rough estimates suggest that half of the Uniswap trading volume on Base may belong to such pools. Unfiltered official data shows that Uniswap’s trading volume on Base in 2025 is $208.07 billion, but after applying some filtering criteria, the non-fraudulent trading volume is only $77.38 billion.

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