Uniswap burns $28.4 million in UNI tokens through its fee mechanism in 2026

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On-chain data shows that Uniswap burned $28.4 million in UNI tokens through its fee mechanism in 2026, with the majority of fees originating from Ethereum. On-chain analysis reveals that Robinhood Chain contributed $2.26 million to UNI repurchases since the fee switch was activated. Since late July, Robinhood Chain has accounted for over 50% of daily UNI burn volume, peaking at nearly 70% on certain days.

According to Mars Finance, Castle Labs data shows that since the beginning of this year, Uniswap has repurchased and burned approximately $28.4 million worth of UNI through its fee mechanism, with the majority of fees originating from Ethereum. Since the fee switch was activated, fees generated by Robinhood Chain have significantly increased, contributing approximately $2.26 million toward UNI repurchases. Since late July, Robinhood Chain has accounted for about 50% or more of daily UNI burn volume on most days, with some days nearing 70%.

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