Uniswap’s UNI burn hits $1.15 million, topping $1 million for first time

  • Uniswap burned 184,000 UNI on Sept. 4.
  • $1.15 million marked Uniswap’s first daily burn above $1 million.
  • Robinhood Chain exceeded $3 billion in DEX volume on Sept. 4; Uniswap held up to 98%.

Uniswap’s daily UNI burn reached $1.15 million on Sept. 4, exceeding $1 million for the first time, Wu Blockchain reported. The protocol burned 184,000 UNI, its second-largest daily burn by token amount, including about 150,000 UNI linked to Uniswap trading on Robinhood Chain. The increase appears to reflect stronger activity on the Ethereum layer-two network, where daily decentralized exchange (DEX) volume also topped $3 billion for the first time and Uniswap represented as much as 98% of trading.

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Uniswap’s UNI burn hits $1.15 million, topping $1 million for first time - CoinPost Terminal