Uniswap Labs has redirected 100% of creator fees from test tokens to its UNI token buyback-and-burn program, instead of retaining these fees. This change is part of the UNIfication governance framework approved in 2025, which ensures protocol fees contribute directly to reducing UNI supply by buying and burning tokens. The ongoing burn mechanism follows a major treasury burn of 100 million UNI tokens in December 2025 and currently generates an estimated $26 million annualized burn from Ethereum v2 and v3 pools. This continuous burn helps reduce UNI's total supply, potentially increasing token scarcity and value over time as Uniswap expands further.
Uniswap's UNI token fell 5.40% to $5.76 within four hours, with a 24-hour decline of 7.63%. The price drop coincided with $520,000 in long liquidations across Binance, Bybit, and OKX within one hour, indicating significant selling pressure. This move...
The cryptocurrency market experienced a broad downturn with 76 of the 90 largest assets outside stablecoins falling. Stacks (STX) was the hardest hit, dropping 10.97% to $0.284, followed by Quant (QNT) which fell 9.57% to $161.72. Other notable decli...
Hyperliquid (HYPE) fell 2.47% to $71.06 within 24 hours, showing a smaller decline compared to Ether and Uniswap, which dropped 3.00% and 7.77% respectively. Tether (USDT) remained nearly unchanged during the same period. This indicates some relative...
Uniswap, a decentralized exchange, recorded $2.2 billion in stablecoin trading volume over the past 24 hours, leading all DEXs in this category. Over a 30-day period ending October 12, Uniswap versions 3 and 4 accounted for $76.2 billion in stablecoi...
Uniswap (UNI) traded down to $6.30 on Binance, marking a 4.96% decline over the past 24 hours. The hourly drop was $0.20, with $290,000 in long liquidations recorded across Binance, Bybit, and OKX in the last hour. UNI remains the 25th largest crypto...
