$HTX completed the destruction of 11% in the first quarter of 2026: over 11% destroyed in two years, the deflation mechanism enters an accelerated phase

Faced with the severe fluctuations and shrinking trading volume of the crypto market in the first quarter of 2026, HTX DAO still delivered an impressive deflationary "report card."

The official announcement shows that HTX DAO successfully completed the destruction of $HTX tokens on April 15, 2026. A total of 10,825,402,253,521.04 $HTX tokens were destroyed, with a total value of nearly $19.22 million. As of now, HTX DAO has cumulatively destroyed and donated up to 110.32 trillion $HTX tokens.

Unfazed by Market Slump, Demonstrating "Counter-Cyclical" Profit Resilience

In the first quarter of this year, influenced by global macro sentiment, the overall trading volume of the crypto market fell sharply by 27% compared to the previous quarter. While the industry generally faced revenue shrinkage, the performance of $HTX exhibited strong "counter-cyclical" resilience.

Data shows that despite the relatively sluggish market, the destruction scale of $HTX in a single quarter still firmly exceeded 1% of the total issuance. This indicates that the Huobi HTX platform has maintained an efficient revenue conversion capability and a normal high destruction pace. This strong performance in a "headwind situation" greatly boosted the confidence of the community and holders.

The direction of market funds also confirms this. DefiLlama data shows that as of March 31, Huobi HTX ranked first globally in the net inflow of funds in centralized exchanges within 24 hours, attracting a net inflow of $54.14 million in a single day, with a steady overall inflow trend.

Over 11% Destroyed in Two Years, 5.5% Annual Deflation Rate Reshaping Asset Scarcity

Notably, since the implementation of the destruction plan in 2024, the cumulative destruction and donation of $HTX has strongly surpassed 11% of the total issuance, with an astonishing annual deflation rate of 5.5%. This not only far exceeds similar tokens but also significantly outpaces the vast majority of mainstream crypto assets, creating a high barrier of scarcity and a solid value support base for $HTX.

Beyond Deflation, the Demand Side of $HTX is Also Strengthening Simultaneously.

In just the first quarter, $HTX successfully landed on the European compliant trading platform Bit2Me, further expanding the user and circulation base of the compliant market; at the same time, HTX DAO launched the $HTX staking feature, allowing users to earn up to 10% annualized returns through staking and participate in governance, enhancing the willingness to hold and lock up.

Additionally, starting from April 1, $HTX became the only fee deduction token on the Huobi HTX exchange, deeply embedded in the core trading scenario, providing strong support for the continued execution of the destruction mechanism and market expectations.

The "flying against the wind" in the first quarter of 2026 is not only the best validation of the feasibility of the $HTX deflation model but also a reflection of the robust development of the Huobi HTX ecosystem. It is foreseeable that with the continued efforts of the deflation mechanism and the ongoing expansion of the ecological landscape, the "absolute scarcity" of $HTX will be further stimulated.

About HTX DAO

HTX DAO is a decentralized autonomous organization (DAO) initiated with the support of the Huobi HTX exchange and the TRON public chain ecosystem, collaboratively established by community members, early contributors, and global advisors. HTX DAO is committed to building an open governance ecosystem that is user-led, transparent in rules, and efficient in collaboration, becoming a key engine for promoting the development of decentralized financial systems.

HTX DAO adheres to the principle of "holding tokens means governance," aiming to stimulate global users' consensus and participation, connect community interests with platform value, and explore a new order in the crypto financial world.