Uniswap's UNI Sets New Daily Burn Record at $590,000

Uniswap's native token UNI has set a new record for daily burn value, reaching an all-time high of $590,000 on August 21st. This figure represents the highest daily UNI burn amount ever recorded in dollar terms.

The largest portion of the burn occurred on the Ethereum network, where approximately $267,000 worth of UNI was removed from circulation. Additionally, $165,000 and $87,000 were burned on Base and Robinhood Chain respectively.

The total daily value approached $590,000 when including burns on other networks. In terms of token volume, approximately 150,000 UNI were burned, making it the second highest daily burn in UNI terms recorded on that date.