It's important to note that this paper is discussing listings and not transactions/volume. Almost no one used or bought these tokens and 99% of Uniswap's volume

It's important to note that this paper is discussing listings and not transactions/volume. Almost no one used or bought these tokens and 99% of Uniswap's volume is normal safe things like ETH, DAI, etc. If 98% of Uniswap trades were scams then I definitely wouldn't be here discussing it.