Rebirth of Order: HTX DAO 2025 Annual Report, From Deflation to Web3 Financial Autonomy Model

2025 is a key year for HTX DAO as it transitions from a strategic blueprint to the initial formation of a value closed-loop.

This year, the HTX DAO systematically transcended the limitations of traditional DAO narratives, completing the preliminary construction of the “Free Financial Harbor.” Whether it is the accelerated deflation efficiency or the grounded on-chain governance, it profoundly confirms its long-term value anchoring strategy of “sustainable and verifiable,” showcasing a vibrant DAO ecosystem that is user-centered and mechanism-driven to the global community.

Dual breakthroughs in value and scale

In 2025, the HTX DAO achieved a dual breakthrough in value and scale on key data, fully demonstrating the resilience of its mechanism and the strong cohesion of its community, reflecting the market feedback after the implementation of the “Free Financial Port” strategy:

Market Capitalization and Market Layout: $HTX has a total market capitalization of $1.841 billion, listed on 28 cryptocurrency exchanges, solidifying its position as a mainstream global crypto asset.

Subscription and User Growth: The total subscription amount for the $HTX earning product exceeded $9 billion, showing a strong year-on-year growth of over 90%. The number of applicants approached 500,000, with a surge in the capital volume participating in “earning coins,” reflecting an unprecedented confidence among users in the long-term returns of $HTX.

User Profit Feedback: The total amount paid to users exceeds 30 million USD, with a stable growth of over 30%, achieving real value feedback for holders and a maturing community win-win model.

User Base of Holders: The number of $HTX holders across the entire network has reached 849,900, with a net increase of 16.6%. The user base continues to expand, and community consensus and ecological coverage have significantly broadened.

Token Deflation Effect: In the first three quarters of 2025, $HTX destroyed 36.22 trillion tokens, accounting for 42.2% of the total destruction amount. The ongoing deflationary effect has strengthened the scarcity and long-term value expectations of $HTX.

In 2025, the HTX DAO achieved a qualitative leap in core asset accumulation and user value return while consolidating its market scale. It no longer relies solely on the growth of user numbers but deeply locks high-value funds through mechanism guarantees and real returns, steadily moving towards its vision of a “free financial harbor.”

Institutionalized Deflation: Writing Scarcity into Governance Framework, Accelerating Destruction Efficiency

In 2025, HTX DAO continues to implement its token burn plan with an almost “stoic” attitude. It is important to note that in any crypto economy, burning is not just a technical action but also an important economic signal. This year, the burning data of HTX DAO can be described as the “visualization of consensus”:

As of Q3 this year, HTX DAO has cumulatively burned 858.8 trillion $HTX, with a total value of approximately 163 million USD. The most recent burn exceeded 131.2 trillion, setting a new historical record and becoming one of the largest token burns in DAO history.

On the circulation level, the effects of the deflationary mechanism have significantly externalized: the destruction efficiency of $HTX has increased from 0.78% in Q2 2024 to 1.39% in Q3 2025, with an average growth rate of 33%. This means that the supply contraction of $HTX is entering a stable acceleration channel.

Traditional projects' “deflation” often rely on the subjective decisions of the team, while HTX DAO incorporates the deflation mechanism into its governance structure, making it a long-term consensus driven by community autonomy.

In July of this year, the HTX DAO completed the upgrade of its white paper, officially shifting its economic model from “liquidity donation” to “burning mode.” This change marks a leap in the deflationary logic of HTX DAO from “quantity adjustment at the monetary level” to “value filter at the institutional level.”

In other words, deflation is no longer a one-time or even uncertain event, but rather a sustainable autonomous process. It institutionalizes the concept of “value returning to the community” into a systematic path, gradually becoming a rare example of the Web3 financial autonomous system.

The first landing of the “People's Exchange”: from “voting rights” to “economic sovereignty”

2025 is the year when the HTX DAO governance framework will truly take effect.

On June 30, the HTX DAO token governance system officially launched, completing a critical leap from “community discussion” to “on-chain execution.” The significance of this event is comparable to the “Bretton Woods moment” in the history of DAOs: it not only established the community's voting rights over resource allocation but also defined the principles of economic sovereignty distribution, meaning that community votes directly determine the listing of trading pairs and liquidity incentives, completing a structural transfer of economic sovereignty from centralization to token holders.

According to official data, since June 30, the cumulative voting on the HTX DAO chain has reached 1.1916 trillion $HTX, with a total voting amount exceeding 3 million USD, successfully recommending 6 new coin trading pairs to be listed on Huobi HTX. This governance action has directly stimulated the market: the monthly highest increase of $HTX price reached 44.3%, with over 12,000 new holding addresses and a net increase of 42 million USD in TVL.

These numbers are the first wave of positive feedback after the official launch of the “People's Exchange.”

The significance of this breakthrough model lies in the fact that HTX DAO has truly returned the “listing decision-making power” to the community for the first time, and has enabled it to serve the value support of $HTX . By relying on community consensus to find popular project tokens, it enhances the trading depth and fee income of Huobi HTX, with 50% of the income used for repurchasing and burning $HTX, thereby forming a continuous deflation and value support.

This “投→上→交→回流→销毁/分红” closed loop realizes a decentralized sample of “DAO governance = market efficiency” and is the most direct and economically significant practice of the “People's Exchange” concept.

Currently, HTX DAO is focusing on advancing Voting Recommendation Coin 2.0, aiming to integrate on-chain voting with the voting system within the Huobi HTX exchange, allowing more token holders to participate directly in decision-making. At the same time, it is exploring incentive mechanisms such as “voting interest subsidies” to attract more users to join on-chain governance.

The second evolution of HTX DAO: The rise of on-chain financial systems

In 2025, HTX DAO is poised to leap from a “on-chain autonomous organization” to a self-consistent, accumulative, and scalable on-chain financial infrastructure system.

The latest version of the white paper clarifies the core evolution direction of $HTX : governance tokens × yield tokens × repurchase/burn mechanism. This not only marks a systematic upgrade of the economic model of HTX DAO but also indicates its shift towards anchoring long-term value with real usage scenarios and on-chain strategy returns.

In this system, $HTX has surpassed the single positioning of traditional DAO governance tokens, expanding into a crypto financial hub asset that integrates trading, governance, yield, and cross-chain ecology.

Staking module: Established an asset anchoring relationship, allowing participants to obtain quantifiable returns in governance.

Voting Module: Constructs an incentivized decision-making structure to ensure a dynamic balance between governance power and economic rights.

Points System: Mapping user behavior to contribution value, allowing every participation to be recognized and quantified;

Treasury Mechanism: Responsible for the inflow, allocation, and regeneration of funds, enabling the DAO to have sustainable financial viability.

More strategically significant is that HTX DAO has not stopped at internal governance cycles but has actively expanded the “builder ecosystem” outward.

In September this year, the HTX DAO launched a global developer program to provide resource support, application scenarios, and governance entry for builders, with a focus on the integration of CeFi × DeFi, promoting the interconnectivity between centralized exchanges and on-chain applications.

Through this series of institutionalized and financialized designs, HTX DAO is evolving on-chain governance into an economic infrastructure, injecting stronger autonomy and sustainable growth momentum into the entire $HTX ecosystem.

Anchor Global Key Nodes: HTX DAO's Web3 “World Tour”

The spirit of HTX DAO is not isolated on the chain; it also needs to resonate in the real world.

In 2025, HTX DAO will bring the decentralized concept from the world of code to the real stage through brand sponsorship and global layout. From the Hong Kong Consensus Conference in Asia, HTX DAO × TRON Hong Kong Night, to the Blockchain Forum in the CIS region, and the HTX DAO Dubai Night radiating to the Middle East, as well as the Istanbul Blockchain Week, and finally to global events like Bitcoin 2025 and TOKEN2049 Singapore Afterparty, the presence of HTX DAO can be seen throughout the key nodes of the global Web3 industry in 2025.

On these international stages, HTX DAO showcases how it achieves a closed loop in governance, assets, and ecology dimensions as a “on-chain governance model”, attracting global Builders to participate in the construction of an open ecosystem.

This “bottom-up” diffusion model is making HTX DAO a global carrier of decentralized spirit: allowing more people to see that a truly user-led and value-driven financial and governance community is gradually taking shape on the blockchain.

The future: A sustainable cycle towards autonomy and growth

According to the information disclosed by the official sources, the HTX DAO has revealed the development roadmap for the next phase - this is a plan for “self-evolution”.

Normalization of token listing governance

Continuously improve the voting system to establish a systematic rhythm for listing coins, forming a self-consistent closed loop of “vote → list → handover → return flow.” In the future, the results of DAO governance will directly influence the rhythm of coin listing and resource allocation at the exchange, truly realizing a dynamic co-construction model of “community-led market.”

On-chain DeFi empowerment

Based on the established on-chain staking and governance, HTX DAO will continue to expand the available scenarios and collaboration boundaries of $HTX in the DeFi field, including the launch of on-chain wealth management, staking yield aggregation modules, gradually forming a growth loop that is “empowerment visible, participation tangible.”

Developer ecosystem construction

Currently, HTX DAO is preparing the HTX Builder Grants and a global hackathon program to open up funding and resource support for developers worldwide. Key areas of focus include: governance and data tool development, liquidity/market-making infrastructure, risk control and trading analysis systems, mobile wallets and interactions, AI × trading, high-quality DeFi protocol solutions, etc.

Through funding, joint promotion, and ecological incubation, HTX DAO hopes to enable more Builders to directly participate in the co-construction of on-chain infrastructure and governance mechanisms.

CeFi × DeFi Fusion

Using the Huobi HTX exchange as a carrier, deeply interconnect with on-chain applications to achieve a seamless experience where accounts serve as entry points, assets act as certificates, on-chain verifiability exists, and rights can be returned.

HTX DAO will integrate the traffic and security of CeFi with the openness and profitability of DeFi through a verifiable and transparent on-chain distribution mechanism, creating a truly integrated “financial super gateway.” Ultimately, HTX DAO will not only be a perfect autonomous system but also a “free financial harbor” governed by users, driven by value, and consolidated by trust.

Clearly, in an era where trust is rewritten by algorithms and power is diluted by voting, HTX DAO demonstrates with high execution that autonomy is not a chaotic disintegration, but a rebirth of a higher-dimensional order.

From the extension of exchanges to the reconstruction of financial order, HTX DAO is heading towards the “free financial port” where everyone can participate, supervise, and share in the profits.

And this may be the true endpoint of Web3.

About HTX DAO

HTX DAO is a decentralized autonomous organization (DAO) initiated with the support of 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-driven, transparent in rules, and efficient in collaboration, becoming a key engine for promoting the development of the decentralized financial system.

HTX DAO adheres to the principle of “Holding Tokens Means Governance,” aiming to inspire consensus and participation among global users, connect community interests with platform value, and explore a new order in the world of cryptocurrency finance.