• bitcoinBitcoin (BTC) $ 94,930.00
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  • staked-etherLido Staked Ether (STETH) $ 3,294.90
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  • wrapped-stethWrapped stETH (WSTETH) $ 4,036.67
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  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,586.84
  • bitcoin-cashBitcoin Cash (BCH) $ 603.02
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  • usdsUSDS (USDS) $ 0.999636
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  • leo-tokenLEO Token (LEO) $ 9.05
  • wethWETH (WETH) $ 3,300.06
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  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.21
  • polkadotPolkadot (DOT) $ 2.26
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • uniswapUniswap (UNI) $ 5.72
  • usd1-wlfiUSD1 (USD1) $ 0.999497
  • mantleMantle (MNT) $ 0.985093
  • rainRain (RAIN) $ 0.008785
  • bittensorBittensor (TAO) $ 293.70
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  • bitget-tokenBitget Token (BGB) $ 3.64
  • tether-goldTether Gold (XAUT) $ 4,625.95
  • okbOKB (OKB) $ 114.40
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  • jito-staked-solJito Staked SOL (JITOSOL) $ 180.52
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  • pax-goldPAX Gold (PAXG) $ 4,638.87
  • pi-networkPi Network (PI) $ 0.208532
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.157385
  • solanaWrapped SOL (SOL) $ 144.01
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  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.91
  • binance-staked-solBinance Staked SOL (BNSOL) $ 157.43
  • htx-daoHTX DAO (HTX) $ 0.000002
  • hashnote-usycCircle USYC (USYC) $ 1.11
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  • aptosAptos (APT) $ 1.94
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
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  • skySky (SKY) $ 0.059866
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,808.31
  • wbnbWrapped BNB (WBNB) $ 931.11
  • story-2Story (IP) $ 3.90
  • bfusdBFUSD (BFUSD) $ 0.999196
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  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999801
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  • ignition-fbtcFunction FBTC (FBTC) $ 94,522.00
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  • solv-btcSolv Protocol BTC (SOLVBTC) $ 94,885.00
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  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,535.17
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  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
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  • clbtcclBTC (CLBTC) $ 95,739.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,524.10
  • jupiter-exchange-solanaJupiter (JUP) $ 0.227011
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  • blockstackStacks (STX) $ 0.386797
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.04
  • optimismOptimism (OP) $ 0.361978
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,503.86
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.04
  • beldexBeldex (BDX) $ 0.089100
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.291748
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
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  • curve-dao-tokenCurve DAO (CRV) $ 0.433973
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999766
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  • usual-usdUsual USD (USD0) $ 1.00
  • aerodrome-financeAerodrome Finance (AERO) $ 0.598984
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  • gtethGTETH (GTETH) $ 3,302.48
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DeFi

Top DeFi Projects in Terms of Weekly ETH Burning

By admin
0 97

Top DeFi Projects in Terms of Weekly ETH Burning

A prominent analytics-providing platform, Phoenix Group, has recently provided a list of top DeFi projects based on weekly ETH burning. The list containing the ETH-burning DeFi projects includes Uniswap, 1inch, USD Coin, 0x Protocol, Metamask, Gnosis, Pendle, Kyber Network, Aave, and ParaSwap. The analytics provider provided the details of these projects in its latest X post.

TOP #ETHEREUM BURNER #DEFI PROJECTS#Uniswap $UNI #1Inch #USDcoin $UCDC #0xProtocol $ZRX #Metamask #GnosisChain #Pendle #KyberSwap #Aave $AAVE #Paraswap pic.twitter.com/gH9achuxQ8

— PHOENIX – Crypto News & Analytics (@pnxgrp) August 18, 2024

Uniswap Leads the DeFi Projects Based on Weekly ETH Burning

As per the data from Phoenix Group, Uniswap has dominated the DeFi sphere in terms of 7-day ETH burning. In this respect, Uniswap has reportedly burned 278.1 ETH. This figure equals a value of nearly $737.8K. Following that, 1inch has taken the 2nd position. The popular DeFi project has burned up to 31.3 ETH with a value of approximately $83.0K. Additionally, USD Coin has gained the 3rd spot with almost 30.0K ETH tokens burned.

These tokens have a value of nearly $79.6K. After that, 0x Protocol stands in the 4th place. It saw weekly $279 ETH coins burned. This denotes a value of almost $74.0K. Moreover, Metamask occupies the 5th spot with 27.1 ETH burned, equaling up to $71.9K. It precedes Gnosis which has recorded a token burn comprising $12.4 ETH. This figure accounts for $32.9K.

ParaSwap Bottoms the List with 2.9 ETH Burned

The list places Pendle in the 7th position with 11.4 ETH burned. These tokens’ value is approximately $30.2K. Kyber Network secures the 8th spot with 8.1 ETH burned, equaling $21.5K. Aave’s 7-day token burn includes 5.8 ETH with a $15.4K worth. ParaSwap gets the last place on the list with 2.9 ETH burned, accounting for $7.7K.

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