Scan to download
BTC $59,393.61 -0.76%
ETH $1,583.04 +0.22%
BNB $552.44 +0.04%
XRP $1.04 -0.20%
SOL $73.93 +2.27%
TRX $0.3192 -0.78%
DOGE $0.0722 -0.91%
ADA $0.1442 -0.05%
BCH $198.94 +2.49%
LINK $7.28 -0.23%
HYPE $65.83 +5.52%
AAVE $89.90 -4.19%
SUI $0.6947 +1.06%
XLM $0.1832 +6.04%
ZEC $398.76 +5.06%
BTC $59,393.61 -0.76%
ETH $1,583.04 +0.22%
BNB $552.44 +0.04%
XRP $1.04 -0.20%
SOL $73.93 +2.27%
TRX $0.3192 -0.78%
DOGE $0.0722 -0.91%
ADA $0.1442 -0.05%
BCH $198.94 +2.49%
LINK $7.28 -0.23%
HYPE $65.83 +5.52%
AAVE $89.90 -4.19%
SUI $0.6947 +1.06%
XLM $0.1832 +6.04%
ZEC $398.76 +5.06%

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.