# Uniswap Monthly Financial Report & Analysis - Feb 23

**URL:** <https://gov.uniswap.org/t/uniswap-monthly-financial-report-analysis-feb-23/20682>\
**Category:** Governance-Meta\
**Created:** [March 7, 2023, 12:36pm UTC](https://gov.uniswap.org/t/uniswap-monthly-financial-report-analysis-feb-23/20682 "2023-03-07T12:36:58Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![adalhi](https://avatars.discourse-cdn.com/v4/letter/a/b5e925/32.png) [@adalhi](https://gov.uniswap.org/u/adalhi)\
**Post date:** [March 7, 2023, 12:36pm UTC](https://gov.uniswap.org/t/uniswap-monthly-financial-report-analysis-feb-23/20682/1 "2023-03-07T12:36:58Z")

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Hey Uniswap Community

Here is the [Monthly Financial Report for Feb 23](https://asymmetricdefi.substack.com/p/uniswap-monthly-financial-report-92c).

**TLDR** :

- 45B in trading volumes (up 32% MoM), 30B from v3 Ethereum.
- Uniswap v2 and Arbitrum had triple digits monthly volume growth.
- 68m in fees and 4B in liquidity provided.
- Uniswap Traders paid on average 15bps trading fee during Feb 23.
- Uniswap LPs generated 20% APR at Feb levels.
- L2s & SideChains contributed 7% of Uniswap liquidity, 20% of volumes and 18% of fees during the month.

If you have any comments & suggestions or find inaccuracies in the data, reach out in the comments or [twitter](https://twitter.com/AsymmetricDefi).

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**Author:** ![DAOstrat.C](https://sea2.discourse-cdn.com/flex016/user_avatar/gov.uniswap.org/daostrat.c/32/9800_2.png) [@DAOstrat.C](https://gov.uniswap.org/u/DAOstrat.C)\
**Post date:** [March 7, 2023, 7:16pm UTC](https://gov.uniswap.org/t/uniswap-monthly-financial-report-analysis-feb-23/20682/2 "2023-03-07T19:16:27Z")

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Tysm @adalhi, Great work!!!

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**Author:** ![GFXlabs](https://sea2.discourse-cdn.com/flex016/user_avatar/gov.uniswap.org/gfxlabs/32/4510_2.png) [@GFXlabs](https://gov.uniswap.org/u/GFXlabs)\
**Post date:** [March 7, 2023, 7:25pm UTC](https://gov.uniswap.org/t/uniswap-monthly-financial-report-analysis-feb-23/20682/3 "2023-03-07T19:25:40Z")

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Great report, as always!

Could you share how you calculate the Uniswap v3 [Chain] Return on Liquidity?

Also, could you consider making the volume by fee tier/chain and revenue by fee tier/chan a staple of each report?

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**Author:** ![adalhi](https://avatars.discourse-cdn.com/v4/letter/a/b5e925/32.png) [@adalhi](https://gov.uniswap.org/u/adalhi)\
**Post date:** [March 7, 2023, 8:28pm UTC](https://gov.uniswap.org/t/uniswap-monthly-financial-report-analysis-feb-23/20682/4 "2023-03-07T20:28:15Z")

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Hey GFXLabs  
The Return on Liquidity is computed as Monthly Fees \* 12 / Average Liquidity for the Month.

Yes I’ve been considering those metrics. They could be added soon.