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ETH $2,474.11 -0.33%
BNB $737.37 -1.24%
XRP $1.39 -1.53%
SOL $103.58 -2.08%
TRX $0.3340 -0.38%
DOGE $0.0893 +0.54%
ADA $0.2188 +0.23%
BCH $265.70 +3.81%
LINK $12.86 +5.01%
HYPE $85.58 -3.10%
AAVE $131.36 -1.98%
SUI $0.8071 +1.68%
XLM $0.1913 +3.92%
ZEC $1,152.26 -2.01%

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

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.

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