On a more serious note, if you start filtering out scam pools, you quickly notice that Uniswap volume and fees drop quite a bit. For example, this pool, "generated" $800k in fees today. This doesn't mean that once the buybacks are live, 1/6th of that will go to $UNI.
Got to appreciate Uniswap rushing out the proposal on 10/11 so now everyone gets to annualise the fees from 10/10 and its aftermath (with October being an ATH in fees collected).
In practice, volume on these pools will disappear, as the scam doesn't work if scammers have to actually pay for volume. If you go on Dexscreener and put a 50k min. liquidity filter, you'll see 24h volume go from $2.1B to $1.2B.
Although not a perfect methodology, it still provides us with an idea of the volume coming from these types of pools. Similar logic applies to other chains, e.g. on Base using $25k min. liquidity filter brings volume from $500M to $350M.
As far as I can tell, Uniswap Interface hides these pools from their UI, but doesn't exclude them from the total metrics. And I'm not sure if Defillama (which everyone is using for fee data) is doing any filtering themselves (looking at the adapter, I don't think so).
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