UNI Burn Value Tops $1M for First Time as Robinhood Chain Activity Surges

According to Wu Blockchain Data Center, the value of UNI burned on September 4 reached $1.15 million, surpassing $1 million in a single day for the first time. A total of 184k UNI was burned, the second-highest daily amount on record, with Robinhood Chain accounting for 150k UNI. The surge was primarily driven by heightened trading activity on Robinhood Chain. On the same day, Robinhood Chain’s daily DEX volume exceeded $3 billion for the first time, with Uniswap accounting for as much as 98% of the total.