Net supply change
No dilution−13.63M UNI · 0 UNI issued
899.92M → 886.3M UNI after burns
Track Uniswap swap fees, UNI supply and burns, and how the DAO uses its treasury.
Jan 1 – Nov 3, 2026
−13.63M UNI · 0 UNI issued
899.92M → 886.3M UNI after burns
$62.86M at burn dates
624.05M UNI now outside the main wallet
7.39M UNI net outflow from the treasury
Burned during this period
Total swap fees
UNI equivalent
Balance on Nov 3
Still in the treasury. The next tranche (5M UNI) can be claimed from Jan 1, 2027.
Supply. The supply graphic starts with the UNI contract’s total supply, identifies UNI held by Governance Timelock and subtracts the balance at the burn address. The remainder includes UNI across other wallets and contracts. Ethereum burn address
Burns and fees. Fee burns count confirmed UNI transfers from Firepit releases and their bridge finalizations on Ethereum. Burn totals include treasury burns. The chart bars show other burns. Total swap fees include fees paid to liquidity providers. DefiLlama · Uniswap fee mechanics
Treasury. The ledger covers UNI movements involving the main Ethereum governance wallet. The Labs allowance is an approved commitment that can change by governance decision. DUNI disclosures · Vesting contract
Valuation. Burns and transfers use the UNI/USD close on their UTC date. Balances and approved amounts use the close on their snapshot date. The UNI equivalent of swap fees divides each day’s fees by that day’s price. Coinbase UNI/USD
Uniswap collects protocol fees in TokenJar contracts. A third party can claim the assets in a jar by supplying UNI. The burn chart counts UNI when it reaches the Ethereum burn address, including transfers that settle after bridging from another network. Uniswap fee documentation
The supply diagram shows minted UNI, tokens held by the main DAO treasury and tokens sent to the burn address. UNI held elsewhere includes bridges and other contracts, so the diagram labels that balance separately from estimates of market circulation. UNI token documentation
The transfer journal tracks UNI entering or leaving Governance Timelock. It separates payouts, deposits and treasury burns. The Labs allowance shows how much UNI is approved for future development tranches while the tokens remain in the wallet. UNIfication vote