Dragonfly investor: Uniswap is expected to post an annual loss of $100 million
According to Odaily, Dragonfly investor Omar posted on X that after the fee switch was activated, Uniswap is trading at an annualized run-rate fee multiple of approximately 240x, which means a fully diluted valuation of $5.4 billion corresponds to $23 million in run-rate fees. Considering this year's grant of 20 million UNI, calculated at the current price of $6.16 per UNI, this amounts to about $123 million. The protocol is expected to incur a loss of $100 million this year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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