ETH burning on Ethereum: The Ethereum ecosystem is continuously expanding with 9,892 ETH burned in the past week, worth about 33.3 million USD. This burning process aims to reduce supply and increase the value of Ethereum.

Uniswap leads ETH burning: Uniswap burned 1,277.1 ETH, worth 4.3 million USD, in the past week. The high interaction on this platform in the DeFi sector has played a major role in generating a significant amount of burned ETH.

Other notable projects: Ranking second after Uniswap is 1inch, with 263.8 ETH burned, equivalent to 887.7 thousand USD. Metamask ranks third with 253.3 ETH burned, worth 852.4 thousand USD. Both have a large impact on the DeFi sector.

Importance of ETH burning: ETH burning is increasingly important after the EIP-1559 upgrade, with the goal of deflation and value enhancement by removing excess supply.