Liquid Mercur2026-09-05 20:30:43Liquid Mercury Subsidiary Closes Initial Funding Round, Burns 563M MERC TokensLiquid Mercury's subsidiary ACQUA1 has completed the initial closing of its MERC funding round, burning 563 million MERC tokens on September 2. Qualified investors can exchange 10 MERC for one non-voting Class B unit of ACQUA1. ACQUA1 operates the Lab Company initiative, providing technology licensing to enterprises tokenizing real-world assets. Per the agreement, ACQUA1 must burn all MERC received within five business days of the closing. The company plans subsequent closings on October 30 and December 31.730
PONS2026-09-05 13:12:40PONS enters top 100 by market cap as 288 million tokens are bought back and burnedPONS, the platform token of Robinhood Chain launchpad Pons, has moved into the top 100 cryptocurrencies by market capitalization on CoinGecko, where it is currently ranked No. 94. CoinGecko data cited in the report shows the token at $0.888, up 25.41% over 24 hours and 365.07% over the past seven days, with an all-time high of $0.8979 recorded at 8:23 p.m. Taiwan time. The report says market cap estimates vary widely depending on which token supply figure data platforms use. GMGN showed PONS briefly above $910 million before easing to $855 million, while CoinGecko and DexScreener were both near $630 million at the same time. PONS started with a 1 billion token supply, and about 288 million tokens have already been repurchased and sent to a burn address, leaving roughly 712 million. That difference in supply accounting is the main reason for the gap in market cap figures. The report also says PONS is fully circulating, with no locked tokens left to unlock, and that roughly 80% of protocol revenue is used for buybacks. Pons is described as a non-custodial token launchpad on Robinhood Chain and is being compared by the community to a Robinhood Chain version of Pump.fun.1010
PONS2026-09-05 06:43:47PONS Market Cap Rebounds Above $500 Million, Up 12% in 24 HoursPONS token market cap has rebounded to $523 million, marking a 12% increase in 24 hours. The project disclosed that 29.34% of the total supply has been burned, and 80% of protocol fees will continue to be used for buybacks. Market participants are reminded of the high volatility of meme coins.770
Uniswap2026-09-05 06:48:55Uniswap burned 178,000 UNI in a day, with Robinhood Chain accounting for more than 80%DUNE data showed that Uniswap’s official burn mechanism destroyed 178,000 UNI yesterday, worth more than $1.11 million. Robinhood Chain alone contributed 144,000 UNI, making up more than 80% of the total and far exceeding other networks including Ethereum and Base. The figures point to Robinhood Chain’s growing activity within the Uniswap ecosystem. The update follows an earlier governance move by Uniswap. On July 15, the protocol proposed extending fee collection and the UNI burn mechanism to Robinhood Chain across v2, v3, and v4. Under the proposal, protocol fees generated on Robinhood Chain would be sent to the chain’s TokenJar contract. Searchers would then be able to redeem those fees by bridging UNI back to Ethereum mainnet and sending the tokens to a burn address.770
Liquid Mercur2026-09-04 14:12:55Liquid Mercury's ACQUA1 Completes First Funding Round, Destroys 563 Million MERCLiquid Mercury's subsidiary ACQUA1 has settled its initial MERC swap fundraising on September 1, followed by the destruction of 563.23 million MERC tokens on September 2. Investors exchanged MERC at a rate of 10 MERC per unit of non-voting Class B units. CEO Tony Saliba noted that dozens of companies have sought asset tokenization through its technology in the past 18 months. Remaining settlements are expected around October 30 and December 31, with possible conversion rate adjustments.790
Rain Protocol2026-09-04 05:31:46Rain Protocol Executes First DAO Liquidation, Burns 7.4 Billion RAIN TokensRain Protocol has completed its first DAO liquidation, burning 7.4 billion RAIN tokens worth millions of dollars based on a community vote.820
Sanctum2026-09-02 12:33:08Sanctum proposes burning 259 million CLOUD tokens and renaming ticker to SANCSanctum, a liquid staking protocol in the Solana ecosystem, has proposed a token overhaul that would burn 259 million CLOUD tokens and change the token ticker to SANC. The update was reported by Techub, citing Crypto Briefing. According to the report, the proposal is aimed at strengthening market confidence and raising the project’s profile. It is also intended to improve Sanctum’s competitive position in the staking sector. No other details were provided in the brief.1120
USDC2026-09-01 01:18:10Circle Burns 107M USDC in Routine Supply ManagementUSDC Treasury has burned approximately 107 million USDC, a transaction flagged by on-chain tracking platform Whale Alert. According to a CryptoBriefing report, the move is routine supply management by stablecoin issuer Circle, carried out in response to redemption demand. The core mechanic: when users or institutions redeem USDC for U.S. dollars, the equivalent tokens are destroyed, keeping circulating supply matched 1:1 against the reserves behind the stablecoin. Every token burned removes one unit of supply from circulation on a dollar-for-dollar basis. Circle has also carried out a separate 153 million USDC burn on the Solana network in the recent period. The issuer's cross-chain transfer protocol — CCTP, short for Cross-Chain Transfer Protocol — supports moving the token across more than 30 networks through a burn-and-mint mechanism, where USDC is destroyed on the originating chain and re-minted on the destination chain. That design lets supply shift between blockchains without changing the total amount of USDC outstanding.1120
