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.

