New data released today by market analyst Phoenix Group listed mandatory projects for the top Ethereum burner last month. These are the major Defi projects that burned the most ETH in the past month, according to the data. Data shows that a total of 7,857 ETH has been burned over the past month, worth $19.3 million.
Last month's top #ethereum burner #defi project
– Phoenix – Crypto News & Analytics (@PNXGRP) June 29, 2025
Top 10 ether burners per month
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Uniswap maintains its lead, as reported by the data. The distributed exchange network has burned 244.2 ETH, worth $599,500 over the past month. This indirectly implies the enormous amount of transaction and utilities within UNISWAP due to its main function as a major DEX platform within the Defi ecosystem.
Meta Mask
Metamask is second on the list. In other words, it is the defi platform that burned the second largest amount of Ethereum over a period. During the period, we will release 144.9 ETH, worth $355,700, to exchange important activities related to wallet transactions with activities within our independent crypto wallet platform.
Gnosis
The third in this list is Gnosis. Defi Aggregator consumed 92.4 ETH, representing $226,800, highlighting the substantial use of distributed applications on its platform.
1inch
1inch followed the list. The decentralized Exchange aggregator burned 79.2 ETH worth $194,400 over the period. This massive burn rate illustrates the role of Ethereum-based Dex aggregators in releasing large amounts of ether from the circulating supply.
Newton Protocol
Next on the list is Newton Protocol, the platform for agent automation in the cryptocurrency world. The DEFI network showed high demand for its services, contributing to the burning of 62.4 ETH, worth $153,200 over the period.
Other top market performers
Other notable Defi platforms that contributed important ETH burning over that period include Aave, Pendle, Kyber Network, Tokenlon and Tornado Cash.
Aave, the Defi Lending platform, has burned 45.8 ETH, worth $112,400 over the past month. Pendle, a Defi protocol specializing in yield trading, is worth $90,100 with 36.7 ETH burns.
The Defi Lifisity Aggregator, Kyber Network, appeared as the eighth largest ether burner, with 33 ETH ($81,000) burning in a month.
Tokenlon, a Defi platform built on Ethereum Blockchain, has secured its ninth spot.
Finally, decentralized cryptocurrency mixer Tornado Cash burned ether, representing 10.9 ETH ($26,800) from the circulating supply during the period, highlighting the increased demand.
The growing popularity of top ether burners in Defi
The Ether Token Burning initiative helps to completely remove ETH from the circular supply every time a transaction is made, creating pressure for deflation on assets.
Data listed top ether burners in defi space. As mentioned above, large-scale ether combustion through platforms (such as Uniswap, Metamask, Gnosis, etc.) highlights its main location within the Defi Ecosystem and its important demand for its offering.
Continuous ether burns through the widely used defi platform, resulting in a shortage of ETH and contributes to rising prices of assets over time.
Finally, the data show that any sector in the decentralized financial environment is the most active, generating top-on-chain activity, contributing to the greater trading fees and the burning effect of ether tokens.
