Uniswap Burns 100 Million UNI as Fee Switch Approved

Crypto News DeFi

Uniswap Burns 100 Million UNI as 99.9% Approve Historic Fee Switch

Written by Aaron S.,

Editor-In-Chief

Last Updated: December 29, 2025

Key Takeaways

Uniswap executed a $596 million burn of 100 million UNI, which marks the start of the UNIfication plan to reduce UNI supply and enable fees;
The UNIfication proposal passed overwhelmingly with 99.9% approval, over 125 million UNI voted in favor and only 742 votes against;
Protocol fees are now active on select pools, UNI supply fell to around 730 million, and 20 million UNI were set aside to fund growth and developers.

Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁

Uniswap Burns 100 Million UNI as 99.9% Approve Historic Fee Switch

BITDEGREE IN YOUR SOCIAL FEED

On December 28, a large-scale burn of 100 million UNI UNI $6.07 tokens, valued at roughly $596 million, was executed via an on-chain transaction following approval of the UNIfication governance proposal.

On-chain records indicate the burn occurred at approximately 4:30 AM UTC, which marks the initial deployment of the UNIfication plan designed to activate protocol fees and initiate regular reductions in UNI supply.

Token holders showed near-unanimous support, with the proposal passing with 99.9% approval. Over 125 million UNI were voted in favor, compared to merely 742 against.

How Does Cryptocurrency Work? (Explained with Animation)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

Uniswap Labs shared a confirmation of the burn on X. The company stated:

UNIfication has officially been executed on-chain.

Additionally, interface fees charged by the protocol were set to zero, while protocol fees were activated on Uniswap v2 $22.69M and selected v3 $366.19M pools on Ethereum ETH $2,930.98 mainnet.

Revenue from Unichain is currently being directed toward UNI burns after covering Optimism $2.34M and Layer‑1 data expenses.

The supply of UNI in circulation currently stands at roughly 730 million, down from the original 1 billion total.

To support ecosystem growth, the Uniswap Foundation has allocated a 20 million UNI growth budget intended for developer funding and platform expansion.

World Liberty Financial, a crypto organization associated with the Trump family, recently suggested allocating 5% of its WLFI token treasury, valued at approximately $120 million, towards the growth of its stablecoin, USD1. What is the goal of the proposal? Read the full story.