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Another record-breaking month. The deflationary mechanism of a certain DEX has maintained negative growth for 28 consecutive months. What does this mean? Just look at the numbers — in December alone, the total amount burned through transaction fees, perpetual contract trading, lotteries, predictions, and other scenarios reached 2.46 million tokens, while new minting during the same period was only 670,000 tokens.
Result? Net minting of -1.78 million tokens. From another perspective, the total circulating supply has decreased by 0.512%.
Twenty-eight months. This is not a coincidence but the result of a year-round implementation of deflationary strategies. Every transaction fee, every contract position, and even participation in entertainment features are driving the tightening of token circulation. In the cyclical fluctuations of the crypto market, this sustained reduction on the supply side is particularly rare.