Crypto

Uniswap's UNI Sets New Daily Burn Record with $1M+ Token Destruction

Guavy AI Editorial Team Published September 5, 2026

Instruments

UNI

Uniswap's native token, UNI, has hit a significant milestone in its token burn event. On September 4th, over $1 million worth of UNI was burned daily for the first time, with a total value of $1.15 million removed from circulation throughout the day.

This represents the second-highest daily UNI burn on record and is largely driven by a surge in trading activity on Robinhood Chain. Approximately 150,000 of the 184,000 UNI tokens burned originated from activities on this network.

The increase was fueled by a sharp rise in trading volume on Robinhood Chain's decentralized exchange (DEX), which exceeded $3 billion for the first time on September 4th. Uniswap's share of total volume reached an impressive 98 percent, solidifying its dominance in the market.

Uniswap's UNI Sets New Daily Burn Record with $1M+ Token Destruction

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