CME futures on Oct 19, or a burn rebound first — which moves $UNI more?
Yesterday's burn: 14,000 UNI, about $107K. That's 55% below the 14-day average, and the third-quietest day in two weeks.
Base, Ethereum, and Robinhood Chain tied at 4,000 each. L2s did 71% of the burn.
Burns follow fees. Soft fees, soft burns — until volume comes back.
$UNI
Yesterday's burn: 14,000 UNI, about $107K. That's 55% below the 14-day average, and the third-quietest day in two weeks.
Base, Ethereum, and Robinhood Chain tied at 4,000 each. L2s did 71% of the burn.
Burns follow fees. Soft fees, soft burns — until volume comes back.
$UNI