The Defi projects make considerable progress in the field of burning Ethereum, based on the latest market statistics. According to the data from the Crypto -analyzed company Phoenix Group, Metamask, Uniswap and Gnosis are the leading players under the TOP Defi projects that burn Ethereum this week. The platform went to social media to share the list of prominent Ethereum -Brandende projects.
Top #thereum burner #defi projects #uniswap $ uni #metamask #gnosis $ gno #pendle #1inch #Aave $ aave #kyberswap #0xprotocol $ zrx #paraswap $ hex pic.twitter.com/uenkyjsuc
– Phoenix – Crypto News & Analytics (@PNXGRP) 23 February 2025
Metamask leads Defi projects based on $ ETH burned for 7 days
In accordance with the data from Phoenix Group, Metamask has the list of Defi projects that are responsible for burning Ethereum at the top. In particular, Metamask saw to 29.1 $ ETH burned in the week. This value indicates a significant value of almost $ 78.9k. The 2ND Known project in terms of burning $ ETH is uniswap. During the last seven days, Uniswap effectively burned 27.2 $ ETH, good for almost $ 73.7k.
The following name on the list of popular $ ETH Burning projects is Gnosis. Allegedly the project witnessed Burning of 20.4 $ ETH, which meant a total of $ 55.3k. Then 1 inch took the 4one Place one of the top $ ETH burning projects. The weekly burnt $ ETH tokens of 1 inch have reached 15.9 in number, with an amount of $ 43.1k. After this, Pendle is in the 5one Rank by burning 8.7 $ ETH and cumulatively $ 23.6k this week.
Hex Bottoms list with 2.5 $ ETH ($ 6.8k) burned throughout the week
Another remarkable project on the list is Aave because it has burned 6.3 $ ETH in the last 7 days. The weekly burnt $ ETH of an Aave account for around $ 17.1k. After this, Kyber’s network has the 7 secureone Position under the prominent $ ETH Burning Defi projects. It has efficiently burned 4.9 $ ETH, which represents $ 13.3k. 0x Protocol is the 8one Prominent project because this week it burned 4.5 $ ETH (almost $ 12.2k). In addition, Paraswap’s gives a weekly roasted 2.7 $ ETH to $ 7.3k. Moreover, Hex has acquired the last position with a roasted 2.5 $ ETH, which indicates a $ 6.8k.