The incredible destruction of tokens on altcoins has begun-more than $1 million is destroyed every d

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The incredible destruction of tokens on altcoins has begun-more than $1 million is destroyed every d

2026-09-06 00:16:22

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The daily destruction volume of Uniswap token UNI exceeded one million US dollars for the first time, and Robinhood Chain became the main driving force.

Uniswap's native token UNI exceeded the US$1 million mark for the first time in daily destruction volume. This significant increase was mainly driven by a strong surge in trading activity on Robinhood Chain.

Data shows that the total value of UNIs destroyed on September 4 reached US$1.15 million, and a total of 184,000 UNIs were removed from circulation throughout the day. This amount set the second-highest single-day destruction record in UNI's history.

Observed that most of the UNI tokens destroyed that day originated from Robinhood Chain. Specifically, of the 184,000 UNIs destroyed on September 4, about 150,000 came from activities along the chain. Therefore, Robinhood Chain became the largest source network for the destruction of UNI tokens that day.

This increase was due to a sharp increase in trading volume on the Robinhood Chain decentralized exchange (DEX). On the same day, the network's average daily DEX transaction volume exceeded US$3 billion for the first time, of which Uniswap accounted for 98% of the total transaction volume.

Recently, Robinhood Chain has frequently made headlines due to its high activity. Especially in the Memecoin market, its performance is particularly outstanding and continues to attract attention.

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The content of this article does not constitute investment advice.

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