Uniswap Hits Record Daily UNI Burn Of $590K As Ethereum Leads The Way
4 Articles
4 Articles
UNI Burn Hits Record $590K as Uniswap Activity Converts Into Scarcity
Uniswap recorded its highest daily UNI burn by dollar value on August 21. Ethereum remained the largest contributor, while Base and Robinhood Chain supplied a sizable share. Roughly 150,000 UNI were removed from supply during the session. UNI held near $4.34 after a sharp recovery from its...
Uniswap’s Record UNI Burn Didn’t Move Price or Scare Off Liquidity
Uniswap burned 150,000 UNI, about $590,000, on Aug. 21, its largest confirmed daily burn since the fee switch went live, passing the previous mark of 134,000 UNI set June 5. UNI has underperformed Bitcoin by 21.5% in the 30...
Uniswap Hits Record Daily UNI Burn Of $590K As Ethereum Leads The Way
BitcoinWorld Uniswap Hits Record Daily UNI Burn of $590K as Ethereum Leads the Way Uniswap, the leading decentralized exchange, recorded its highest-ever daily UNI burn value on August 21, reaching approximately $590,000. The burn, which permanently removes UNI tokens from circulation, was driven primarily by activity on the Ethereum network, with notable contributions from Base and Robinhood Chain. Breaking Down the Record Burn According to da…
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