Uniswap Burn Rate Falls to Record Low as Robinhood Chain Activity Cools
- —Robinhood Chain now burns about 4,000 UNI per day, the lowest since the mechanism launched
- —Multi-chain daily UNI burns have fallen to 12,000–14,000 tokens
- —Robinhood Chain burns peaked above 150,000 UNI per day in early September
- —Total daily burns earlier this year approached 190,000 UNI
Why it matters: Burning reduces UNI supply, so a weaker burn rate erodes the deflationary effect for holders.
Source: U.Today