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 data reported by Crypto Briefing, the total burn comprised about $267,000 on Ethereum, $165,000 on Base, and $87,000 on Robinhood Chain.

In terms of token count, the burn totaled roughly 150,000 UNI, marking the second-largest daily burn by volume, trailing only the 186,000 UNI burned on June 5.