Scan to download
BTC $76,631.87 -1.80%
ETH $2,274.79 -3.03%
BNB $621.52 -1.59%
XRP $1.39 -2.86%
SOL $84.26 -2.56%
TRX $0.3250 +0.39%
DOGE $0.0974 -1.34%
ADA $0.2445 -2.88%
BCH $448.96 -0.51%
LINK $9.19 -2.91%
HYPE $41.59 +0.59%
AAVE $96.50 +0.60%
SUI $0.9220 -2.34%
XLM $0.1646 -3.31%
ZEC $351.71 -1.09%
BTC $76,631.87 -1.80%
ETH $2,274.79 -3.03%
BNB $621.52 -1.59%
XRP $1.39 -2.86%
SOL $84.26 -2.56%
TRX $0.3250 +0.39%
DOGE $0.0974 -1.34%
ADA $0.2445 -2.88%
BCH $448.96 -0.51%
LINK $9.19 -2.91%
HYPE $41.59 +0.59%
AAVE $96.50 +0.60%
SUI $0.9220 -2.34%
XLM $0.1646 -3.31%
ZEC $351.71 -1.09%

GateToken (GT) On-chain burn completed in Q4 2025, with a total cumulative burn value exceeding 1.9 billion USD

2026-01-08 18:47:17
Collection

According to the official announcement, the on-chain burn of GateToken (GT) for the fourth quarter of 2025 has been officially completed, with a total of 2,163,900.48229 GT transferred to the burn address, amounting to a destruction value of over 26.92 million USD.
Since the launch of the GateChain mainnet in 2019, GT has implemented a continuous burn mechanism, with a total of 184,819,426 GT burned to date, resulting in a total destruction value of over 1.9 billion USD (calculated at current prices), and the total supply of tokens has been significantly reduced by approximately 61.61% from the initial 300 million.
With the launch of Gate Layer and the gradual rollout of native applications such as Gate Perp DEX, Gate Fun, and Meme Go, Gate's on-chain ecosystem continues to improve. As the only Gas token for Gate Layer, GT's usage frequency in scenarios such as trading, interaction, and governance is steadily increasing, with on-chain demand growing consistently. Gate will continue to implement a long-term, stable GT burn mechanism, promoting the deflationary process under compliance, creating a closer positive cycle between the token economic model and real usage demand and ecological expansion.

app_icon
ChainCatcher Building the Web3 world with innovations.