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#GT2025第三季度销毁完成 GateToken (GT) on-chain burn for Q3 2025 has been officially completed, with a total of 2,100,414.287861 GT transferred to the burn address, resulting in a destruction value of over 35.32 million dollars.
Since the launch of the GateChain mainnet in 2019, GT has been implementing a continuous burn mechanism, and the total supply of tokens has significantly decreased by about 60.88% from the initial 300 million. Despite experiencing multiple rounds of market fluctuations, we have always adhered to a steady execution of the burn strategy, demonstrating our long-term commitment to the deflationary mechanism of GT, which has also laid a solid foundation for its value support.
Key information for this destruction:
The number of tokens to be burned this time: 2,100,414.287861 GT
The value of this burn: approximately 35.32 million USD
Total accumulated destruction: 182,655,526 GT
Total value burned: approximately 2.955 billion USD (calculated at current prices)
In the future, Gate will continue to strictly implement the established destruction plan, steadily advancing the deflation process under the premise of legality and compliance, and continuously strengthening the scarcity and long-term value of GT. In September, Gate accelerated its ecological layout around the "All in Web3" strategy, launching the high-performance Layer 2 network Gate Layer, the decentralized perpetual contract trading platform Gate Perp DEX, and the on-chain launch platform Gate Fun, achieving multi-dimensional empowerment from infrastructure to application layer. Gate Layer ensures network security and stability through the GT staking mechanism; Gate Perp DEX provides a high-speed, secure on-chain trading experience; Gate Fun lowers the threshold for creators, promoting the development of the Web3 creator economy and Meme culture. Through the dual drive of the deflation mechanism and ecological construction, the value support, application scenarios, and ecological influence of GT are continuously strengthening, injecting new momentum into Gate's long-term growth.