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DeFi Projects Burning Ethereum: Metamask and Others

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by Giorgi Kostiuk

4 hours ago


According to the latest data, Metamask leads the way among DeFi projects actively burning Ethereum, with Uniswap, Gnosis, and others also making the list.

Leaders Among DeFi Ethereum Burning Projects

Metamask has taken the top spot among DeFi projects burning Ethereum, with 29.1 ETH burned, equivalent to approximately $78.9K. Uniswap follows closely with 27.2 ETH or about $73.7K.

Notable Projects and Ethereum Burning

Gnosis holds the third position with 20.4 ETH burned, valued at $55.3K. Next is 1inch with 15.9 ETH worth $43.1K. Pendle rounds out the top five by burning 8.7 ETH, equating to $23.6K.

Least Active Ethereum Burning Projects

Aave burned 6.3 ETH, representing $17.1K. Kyber Network and 0x Protocol are in 7th and 8th places with 4.9 and 4.5 ETH, respectively. The list finishes with ParaSwap burning 2.7 ETH and Hex with 2.5 ETH.

These figures highlight the active involvement of DeFi projects in the Ethereum ecosystem and their role in token burning.

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