uniswap

According to DUNE data, yesterday the official Uniswap burn mechanism destroyed a total of 178,000 UNI, worth over 1.11 million dollars. Among them, Robinhood Chain contributed a daily destruction amount of up to 144,000 UNI, accounting for over 80%, far exceeding other chains such as Ethereum and Base, fully highlighting the current popularity of the Robinhood Chain ecosystem.Previously reported, on July 15, Uniswap initiated a governance proposal to extend the protocol fee collection and UNI burn mechanism to Robinhood Chain, covering versions v2, v3, and v4. According to the proposal, the protocol fees generated on Robinhood Chain will be deposited into the TokenJar contract on that chain, and Searchers can redeem the fees by bridging UNI back to the Ethereum mainnet and sending it to the burn address.

According to on-chain analyst Yu Jin's monitoring, after UNI reached a new high this year, one address withdrew 1 million UNI (6.36 million USD) from Binance to the blockchain within 3 hours.

According to on-chain analyst Ai Yi's monitoring, UNI has rebounded 98% from the bottom this month. The new address 0xc86...F4972 withdrew 676,874 UNI from Binance 2 hours ago, worth 4.277 million dollars, at an average price of 6.32 dollars.

Memecoin issuance platform Pons announced on Thursday that Uniswap Labs has purchased its token PONS, stating that this move is a "long-term alignment" and is seen as a deepening of cooperation between the two parties. Both parties did not disclose the scale of the purchase, transaction price, or holding address, and Pons did not specify whether Uniswap Labs acquired the tokens through the open market or received a token allocation.Pons is the Memecoin issuance platform that charges the highest issuance fees on the Robinhood Chain, launched on July 13, and deployed the V2 contract on August 3. Its V2 will route tokens raised through joint curve fundraising to the Uniswap V4 pool, while the Robinhood Chain currently accounts for 56.3% of the total trading volume on Uniswap V4. Previously, Uniswap Labs launched a competing issuance platform, Pools.trade, on the Robinhood Chain on August 5, surpassing Pons on its first day of launch.Data shows that Pons generated $5.95 million in fees in the past 24 hours, $28.83 million in fees over the past 7 days, and $40.84 million in fees over the past 30 days, using about 80% of the protocol fees to repurchase PONS, with a cumulative supply destruction of 29.34%. PONS is currently priced at $0.5013, up 17.5% in 24 hours, with a market capitalization of approximately $357 million.

According to the Dune data chart published by analyst Adam, the crypto trading terminal's single-day trading volume on September 2 exceeded $1 billion, marking the first time since January 2025. The multi-chain trading terminal GMGN contributed approximately $479.7 million, accounting for nearly half of the total $1.03 billion, of which 90.7% ($445.5 million) came from Robinhood Chain, which has been online for about two months, while its Solana chain trading volume was only $9.5 million, remaining basically unchanged from 30 days ago.Data from DefiLlama shows that GMGN's trading volume on September 2 reached $490.9 million, the third highest in history, only behind $519.2 million on October 8, 2025, and $494.9 million on October 9. The peak during the issuance of the TRUMP meme coin in January 2025 was $272.4 million. GMGN's BSC chain daily trading volume fell from $91.6 million to $29.6 million during the same period, with a cumulative trading volume of $3.02 billion over 30 days, a month-on-month increase of 21.5%; the day's fee income was $2.46 million, significantly up from $956,000 on August 26. Robinhood Chain's own DEX trading volume set a record of $1.67 billion on September 1, with a cumulative total of $20.36 billion over 30 days, a month-on-month increase of 34.9%, second only to Solana among all networks.

Uniswap founder Hayden posted on the X platform, stating that correlated trading pairs are forming. The top five tokenized SPY trading pairs by trading volume serve as "bridge" trading pairs connecting other common underlying trading pairs, primarily linking to tokenized stocks with higher correlations. This type of market is characterized by globalization, programmability, low costs, and 24/7 operation.Hayden stated that he has been working on the forefront of DeFi for 9 years and believes that AMM has enormous potential. After years of evolution and development, the path for AMM to achieve global dominance is becoming increasingly clear. Tokenization has changed the existence of markets, market makers, and the objects of market trading. Since its launch, Uniswap has been operating autonomously, with a cumulative trading volume exceeding $4.6 trillion, and has increased the share of spot trading volume on decentralized exchanges from less than 1% to over 20%.As AMMs like Uniswap continue to evolve, their liquidity has formed a pattern that most financial markets have yet to notice: correlated trading pairs. AMMs have found a product-market fit in long-tail markets, as most assets previously could not attract the attention of professional market makers. DeFi and AMM have lowered the barriers to market making, opening the market to more participants. Liquidity will concentrate in the places with the lowest risk, rather than being forced to remain in places constrained by traditional infrastructure.

According to the Dune data panel, the trading volume on the Robinhood chain DEX has reached a new high, totaling $1.89 billion in the past 24 hours. In terms of token issuance platforms, Pons continues to hold the top position with an absolute advantage, issuing 24,010 tokens yesterday, while long.xyz issued 2,740 tokens, ranking second.In addition, the Pons platform generated fee revenue of $5.95 million in the past 24 hours, ranking fourth across the network, while Uniswap also benefited from the surge in trading on the Robinhood chain, with protocol revenue increasing to $10.33 million in a single day, ranking second.

According to market news, Uniswap has just welcomed its two highest trading days in history. In just one day yesterday, Uniswap's number of trades exceeded 7 million.

DeFiprime founder Nick Sawinyh analyzed that the Meme coin issuance platform on the Robinhood Chain is massively using tokenized stocks as paired assets. As of September 1, approximately 17.2% of the on-chain supply of 19 high liquidity Robinhood stock tokens is locked in 432 pools that use stock tokens as quoted assets, contributing 31.3% of the DEX trading volume of related stock tokens in the past 24 hours. The four issuance platforms Long, Bankr, Flap, and PAIR have set stock-paired Meme coins as default products.Among them, the AI/NVDA pool holds 8,783 NVDA (accounting for 16.2% of the total on-chain tokenized NVDA), with a 24-hour trading volume of about $6.2 million; the BONER/HIMS pool holds 37,172 HIMS (accounting for 50.4% of the total HIMS on the chain), with a trading volume of about $12.5 million. This mechanism has led to significant premiums for some tokenized stocks over the weekend (when issuers cannot issue more), with HIMS once trading at a premium of 112% compared to the NYSE closing price. The TVL of the Robinhood Chain has nearly doubled since August 1 to $740 million, with on-chain DEX daily trading volume reaching $1.49 billion on August 31. The analysis points out that 9 stock tokens have an on-chain circulating market value of less than $1.5 million, and a single Meme coin pool can absorb a large proportion of the circulating supply. This analysis is based on specific block snapshot data, with prices and pool balances changing rapidly.

According to Slow Mist monitoring, Float Protocol suffered a flash loan attack, resulting in a loss of approximately $28,000 (10.71 ETH). The attacker manipulated the Uniswap V3 spot price (slot0) through a flash loan, leading to incorrect pricing of LP shares in the Hypervisor contract, with key functions lacking TWAP/oracle verification and slippage protection mechanisms.The attacker distorted the values of currentTick() and getTotalAmounts() by making large trades in the V3 liquidity pool, then repeatedly deposited and withdrew the inflated share value to arbitrage.

According to DefiLlama data, Robinhood Chain's app revenue in the past 24 hours reached $1.84 million, surpassing Ethereum's $1.14 million during the same period, and exceeding Base (approximately $299,000) by more than 6 times. It currently ranks second across all chains, only behind Solana's $5.03 million.Among them, GMGN, Pons, and Uniswap are the three protocols that contributed the most to Robinhood Chain's app revenue, with approximately $803,000, $693,000, and $294,000 in app revenue respectively in the past 24 hours.

The on-chain project launch and governance platform Umia has initiated the on-chain auction for its native token $UMIA, marking the first token issued through its system. The early bidding window is now live, and the public round will be open to everyone from August 29 to September 2 on Base via umia.finance. Bidding is priced in USDC and supports deposits via Privy cards; trading will commence on Uniswap v4 with protocol-owned liquidity after the auction ends.The total supply of $UMIA is 50 million tokens, of which 40 million will be allocated at launch, and the remaining 10 million will be reserved for performance. Of the 40 million, 61% will be in circulation from day one, covering the 17.3 million tokens sold in the auction (with no lock-up) as well as the portion held by the protocol; shares for supporters, service providers, and the team will vest over 36 months after a 12-month cliff.Umia is a full-stack on-chain project launch and governance platform, with a non-custodial treasury and board decisions priced through a decision market. Each project launched by Umia operates as a subsidiary of a Cayman isolated portfolio company based on the MetaLex BORG framework. Umia was incubated by Chainbound and raised $4.6 million in August 2024, led by cyber Fund.

Uniswap founder Hayden Adams stated that after nine years of DeFi practice, the path for AMM to become the core engine of the global financial market is becoming increasingly clear. He pointed out that tokenization is not only an infrastructure upgrade but also changes who provides liquidity and what is traded in the market. The SEC has approved Nasdaq and the New York Stock Exchange to trade tokenized stocks, and the DTCC also conducted live testing of tokenized trading in July.Adams believes that traditional market makers vertically integrate capital, strategy, execution, settlement, and distribution, which is costly; blockchain disassembles these components, making capital a scarce input. Liquidity providers who already hold relevant assets or are the issuers themselves can bear inventory exposure at zero cost, thereby weakening professional market makers with lower capital costs. An on-chain "related asset pair" model has naturally formed (such as the Ethereum ecosystem pairing with ETH and stablecoins), as correlation reduces inventory risk and deepens liquidity.He cited that there are already 10 tokenized stocks on the Robinhood Chain forming a Uniswap pool with SPY, which has traded approximately $33 million in 12 days, with some trades occurring directly between stocks without touching the dollar. Adams also stated that although Uniswap's cumulative trading volume has reached about $4.6 trillion, AMM is still in its early stages, and there is significant room for improvement in subsequent design and ecosystem.

Uniswap founder Hayden Adams posted on the X platform that as the market warms up, the weekly burn rate of UNI has reached an all-time high, with an annualized burn rate of 31 million UNI (approximately 113 million USD) and it is still growing.He stated that the team continued to build during the bear market and is now seeing early results in the bull market.

Uniswap founder Hayden posted on the X platform that the tokenized stock trading volume on Robinhood has reached $1 billion for the first time, and $1 trillion in trading volume is on the way.

According to Defillama data, the DeFi market has rebounded strongly, with TVL jumping 9.15% in a single day to $83.216 billion. Spot DEX trading volume reached $10.886 billion, breaking the $10 billion mark for the first time since June 5.The trading volume of decentralized perpetual contract platforms reached $36.72 billion, with Hyperliquid processing $15.205 billion in a single day, accounting for about 45% of the total trading volume of perpetual DEX. Its HYPE token price also rose to the $70 range. Uniswap continues to lead spot DEX with a trading volume of about $3.1 to $3.4 billion, while Solana ranks first in activity among spot DEX across various periods.

Uniswap founder Hayden Adams (@haydenzadams) posted that as the process of asset tokenization accelerates, AMM (Automated Market Makers) is facing structural opportunities. He pointed out that tokenization is not only an upgrade of market infrastructure but also makes the market programmable, fundamentally changing the way markets are created and the barriers to participation.On-chain liquidity spontaneously forms a pattern of "related asset pairs" — the higher the correlation between asset pairs, the lower the LP inventory risk and the deeper the liquidity, which also reduces the efficiency gap between passive AMM strategies and active strategies, allowing for lower capital costs to "break through" traditional market makers. He used NVDA/SPY as an example, pointing out that if stocks are traded in SPY rather than USD, it will significantly reduce market-making costs, while bridge pairs (such as SPY/USD) will still be competed by professional institutions.

Uniswap announced that it will complete the deployment when the September Arc mainnet officially goes live, providing developers with deep on-chain liquidity infrastructure to support the construction of DeFi applications such as lending, structured products, LP strategies, and token issuance. Arc is a public chain under Circle, using USDC as the Gas token, and features sub-second deterministic finality.