In Q1 2026, $HTX burned 10.83 trillion tokens, worth nearly $19.22 million, with an average annual deflation rate of 5.5%.

PANews reported on April 16th that, according to an official announcement from HTX DAO, the burning of $HTX tokens for the first quarter of 2026 was successfully completed on April 15th. On-chain data shows that a total of 10,825,402,253,521.04 $HTX tokens were burned, equivalent to over $19.215 million USD.

It's noteworthy that despite a 27% quarter-on-quarter decline in overall cryptocurrency trading volume in the first quarter of this year, Huobi HTX maintained strong revenue conversion capabilities and consistently implemented its quarterly $HTX burn program, demonstrating a degree of counter-cyclical resilience. This counter-cyclical performance further solidifies $HTX's extreme deflationary economic model. Data shows that since 2024, the cumulative amount of $HTX donated and burned by the HTX DAO has exceeded 11% of the total issuance, with an average annual deflation rate as high as 5.5%. This robust deflationary strength far surpasses that of most mainstream tokens on the market, endowing $HTX with extremely strong long-term scarcity and value support.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
South Korean police launch their first investigation into illegal gambling by Polymarket's domestic users.
PANews Newsflash