In the previous week, Ethereum DeFi projects burned a total of 7,163 ETH, equivalent to $17.4 million in fees. Uniswap was the leading protocol in terms of ETH burn, followed by 1inch. Other notable projects contributing to the burn activity included Metamask, 0x Protocol, KyberSwap, Aave, and Paraswap. The significant volume of transactions and consistent user engagement across these platforms highlight the demand for DeFi services on the Ethereum network. This sustained demand demonstrates the resilience of decentralized platforms and the robustness of Ethereum's DeFi sector.
- Content Editor ( blockchainreporter.net )
- 2024-10-06
Top Ethereum DeFi Projects Burn Over $17 Million in $ETH