Today in Crypto: Robinhood Chain Tops $3B Daily DEX Volume, Pushes UNI Burn Past $1M

In the current cycle, robinhood Chain cleared $3 billion in daily decentralized trading platform volume for the first time on Thursday, and Uniswap burned a record $1.15 million of UNI as a result.

Starting with the number Uniswap holders care about, the protocol burned 184,000 UNI on Thursday, worth about $1.15 million.

It was the first time the daily burn crossed $1 million in dollar terms and the second-largest by token count since the mechanism went live.

Roughly 150,000 of those tokens, more than 80%, were paid for by traders on Robinhood Chain.

That is how the fee switch is supposed to work.

Uniswap token holders approved the “Unification” proposal on Christmas Day 2025, redirecting a slice of protocol fees that previously went entirely to liquidity providers into buying and burning UNI.

Since then, the size of each day’s burn has tracked one thing, i.e., how much volume runs through Uniswap’s pools.

On Thursday, Robinhood Chain’s daily decentralized trading platform (DEX) volume topped $3 billion for the first time, with Uniswap handling as much as 98% of it.