GateToken (GT) completed its on-chain burning in Q4 2025, with a total burned value exceeding $1.9 billion.

According to the official announcement, the on-chain burn of GateToken (GT) in the fourth quarter of 2025 has been officially completed. A total of 2,163,900.48229 GT were transferred to the burn address, with a burn value exceeding $26.92 million. Since the launch of the GateChain mainnet in 2019, GT has been implementing a continuous burn mechanism. To date, a total of 184,819,426 GT have been burned, with a total burn value exceeding $1.9 billion (calculated at current prices). The total supply of tokens has decreased from the initial 300 million to approximately 61.61%. With the launch of Gate Layer and the gradual implementation of native applications such as Gate Perp DEX, Gate Fun, and Meme Go, GT, as the only Gas token of Gate Layer, is seeing increasing usage frequency in scenarios such as trading, interaction, and governance, and on-chain demand is steadily growing. Gate will continue to implement a long-term, stable GT burn mechanism, promoting the deflationary process under the premise of compliance, so that the token economic model forms a closer positive cycle with real usage needs and ecosystem expansion.