Uniswap’s Robinhood Chain Boom Fuels $1M in Daily UNI Burns
11 Articles
11 Articles
How Robinhood Chain Made Uniswap Its House DEX ETHNews
Uniswap absorbs the bulk of chain volume, up to 98% on record days Robinhood Chain = ~56.3% of all Uniswap V4 volume The record $1.15M UNI burn was ~80% funded by chain traders The $4.01M revenue day rests on free gas The subsidy expiry on Sept 29 is the real test Robinhood Chain is barely […]
Uniswap burns $1.15 million in UNI as Robinhood Chain drives
🔥 Uniswap burns $1.15M in UNI, marking its highest token burn day on record. 🎯 Robinhood Chain drives 150,000 UNI token burns with daily DEX volume above $3B. 📊 UNI surged 3.36% to $7.08, approaching major technical resistance levels. 💡 $UNI supply decreases as bullis...
Robinhood Chain Tops $3B Daily DEX Volume, Pushes UNI Burn Past $1M
Robinhood Chain cleared $3 billion in daily decentralized exchange volume for the first time on Thursday, and Uniswap burned a record $1.15 million of UNI as a result. It also briefly lost contact with Ethereum. The Burn Starting with the number Uniswap holders care about, the protocol burned 184,000 UNI on Thursday, worth about $1.15 […]
On September 4th, the value of the burnt UNI tokens reached 1.15 million dollars, a level never reached in a single day since the burn mechanism is active. The data, reported by Wu Blockchain Data Center, marks the first time that the increase of the burn of the UNI token exceeds the psychological threshold [...]
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