Uniswap founder Hayden Adams: UNI weekly burn rate hits a record high

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.