Mars Finance News: According to an official announcement, GateToken (GT) has officially completed its on-chain destruction for Q4 2025. A total of 2,163,900.48229 GT tokens were transferred to the destruction address, with a destruction value exceeding $26.92 million.
Since the GateChain mainnet went live in 2019, GT has implemented a continuous destruction mechanism. To date, a cumulative total of 184,819,426 tokens have been destroyed, with a cumulative destruction value exceeding $1.9 billion (calculated at current prices). The total token supply has decreased significantly by approximately 61.61% from the initial 300 million tokens.
With the launch of Gate Layer and the gradual deployment of native applications such as Gate Perp DEX, Gate Fun, and Meme Go, Gate’s on-chain ecosystem continues to improve. As the sole Gas token of Gate Layer, GT’s usage frequency in trading, interaction, and governance scenarios continues to increase, with steady growth in on-chain demand. Gate will continue to execute a long-term and stable GT destruction mechanism, advancing the deflation process under compliance prerequisites, allowing the token economic model to form a closer positive cycle with real usage needs and ecosystem expansion.
GateToken (GT) 2025 Q4 のオンチェーン焼却完了、累計焼却総価値は19億ドル超
Mars Finance News: According to an official announcement, GateToken (GT) has officially completed its on-chain destruction for Q4 2025. A total of 2,163,900.48229 GT tokens were transferred to the destruction address, with a destruction value exceeding $26.92 million.
Since the GateChain mainnet went live in 2019, GT has implemented a continuous destruction mechanism. To date, a cumulative total of 184,819,426 tokens have been destroyed, with a cumulative destruction value exceeding $1.9 billion (calculated at current prices). The total token supply has decreased significantly by approximately 61.61% from the initial 300 million tokens.
With the launch of Gate Layer and the gradual deployment of native applications such as Gate Perp DEX, Gate Fun, and Meme Go, Gate’s on-chain ecosystem continues to improve. As the sole Gas token of Gate Layer, GT’s usage frequency in trading, interaction, and governance scenarios continues to increase, with steady growth in on-chain demand. Gate will continue to execute a long-term and stable GT destruction mechanism, advancing the deflation process under compliance prerequisites, allowing the token economic model to form a closer positive cycle with real usage needs and ecosystem expansion.