Uniswap burns 134,000 UNI tokens in one day, a record
Uniswap has just broken a historic record by burning 134,000 UNI in 24h. A first that reignites speculation about the future of DeFi. Between deflationary mechanisms and market rebound, could this massive burn mark a turning point for Ethereum and its crypto investors?
In brief
- 134,000 UNI burned in 24h via Uniswap’s UNIfication mechanism.
- Immediate rise in the UNI price after the Burn announcement, from $4.95 to $9.25 in one week.
- Uniswap remains the DEX leader with 2.86 billion dollars in TVL and a promising deflationary mechanism.
134,000 UNI tokens burned by Uniswap in one day!
Uniswap has just set a new record by burning 134,000 UNI tokens in only 24 hours, thanks to its UNIfication mechanism. This process, launched at the end of 2025, allows crypto users to claim protocol fees by first burning an equivalent value in UNI via the Firepit contract. The burned tokens are then permanently removed from circulation via an Oxdead address on Ethereum.
This record comes amid a rise in activity in the Uniswap ecosystem, with a reduction in circulating supply that immediately caught market attention. After the UNIfication proposal announcement, the UNI price jumped from $4.95 to $9.25 in one week, proving that investors respond positively to the increased scarcity of the crypto token. This mechanism, now extended to 11 blockchains (including BNB Chain, Polygon, and Celo), strengthens UNI’s long-term value while boosting the DeFi ecosystem.
Crypto: Uniswap comes back to life thanks to this burn… will the rise continue?
The massive burn of 134,000 UNI has sounded Uniswap’s return to favor? The signs are encouraging. Indeed, despite a current price of $2.47 far from its ATH of $44.97 in 2021, the protocol shows remarkable resilience. Moreover, with a TVL of 2.86 billion dollars and annual fees of 882 million dollars, Uniswap remains the undisputed leader of DEXs.
Furthermore, recent updates (built-in wallets, cross-chain swaps) and multi-chain expansion could attract new users, thus boosting demand for UNI. However, persistent volatility and increased competition temper optimism. Therefore, if activity holds, the deflationary mechanism could support a sustained price increase. But the question remains… Has DeFi truly emerged from the crypto winter?
This historic record of 134,000 UNI burned proves that Uniswap remains a key player in DeFi. But will it be enough to sustainably revive UNI and Ethereum? One thing is certain, the battle for DEX dominance is far from over in the crypto market. And you, do you believe in the DeFi rebound?
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The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.