Dragonfly investor: Uniswap expects annual losses of $100 million.

According to Odaily Odaily, Dragonfly investor Omar posted on the X platform that after the fee switch was turned on, Uniswap traded at approximately 240 times the run rate fee, meaning a fully diluted valuation of $5.4 billion corresponded to $23 million in run rate fees. Considering the 20 million UNI tokens allocated this year, equivalent to approximately $123 million at the current price of $6.16, the protocol is projected to incur a loss of $100 million this year.