UNI surges past $5 to a seven-month high after Robinhood volume and token burns

  • UNI reclaimed $5 and reached a seven-month high near $5.30.
  • Robinhood-driven Uniswap stock-token volume hit about $130 million after a 10x rise.
  • Uniswap burned more than $300,000 worth of UNI tokens in 10 days.

UNI reclaimed the $5 level and rose to about $5.30, a seven-month high last seen around January 18, after climbing roughly 69% from an August low near $3.19 and gaining about 14% in 24 hours. The move extended Uniswap’s second-half August recovery and was accompanied by more than $10.5 million in positive spot net flows over a single day, the strongest daily spot inflow of the year to date. Demand was supported by Uniswap’s role as Robinhood’s automated market maker, with Robinhood-driven stock-token volume near $130 million—about a 10x rise over four weeks—inside roughly $1.5 billion in Robinhood Chain stock-token trades since the July 1, 2026 mainnet launch. On August 30, Robinhood Chain recorded $874.8 million in DEX volume, its largest single day since launch in one tally, with Uniswap routing almost 95% across version 4 at $432 million, version 3 at $356.9 million, and version 2 at $40 million, while daily transactions reached a record of about 5.52 million. Meme coins led activity as PONS posted $67.38 million in volume and Cash Cat $32.66 million, token launchpad volume hit an all-time high of $394.4 million, and real-world-asset activity set a record $165.5 million with tokenized value at $51.81 million. DeFiLlama logged $2.66 million in 24-hour app revenue, second only to Solana’s $5.07 million and ahead of Ethereum and other major chains, and Messari data cited a burn of roughly $300,000 of UNI over 10 days and an annualized burn rate near $160 million. Uniswap remains set to deploy on Circle’s Arc at that network’s September mainnet launch.

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