Analysis: The activation of the fee switch by Uniswap may lead to the disappearance of numerous fraudulent pools on Base

Data analyst jpn memelord stated that one major effect of Uniswap enabling the fee switch is that fraudulent liquidity pools (such as honeypots and automated rugs) can disappear overnight, as these pools rely on a protocol fee rate of zero.

According to rough estimates, half of the trading volume on Uniswap on Base may belong to such pools. The official unfiltered data shows that the trading volume of Uniswap on Base in 2025 is $208.07 billion, but after adding some filtering criteria, the non-fraudulent trading volume is only $77.38 billion.