HTX DAO is serious about destroying 11.3 trillion $HTX in the first quarter

On April 15, HTX DAO released a token destruction announcement for the first quarter of 2025. According to the announcement, a total of about 11.3 trillion $HTX will be destroyed this quarter, which is estimated to be worth about $19.2 million at the current price. At the same time, as of now, HTX DAO has destroyed more than 60.97 trillion $HTX since its operation, which is worth about $114 million, demonstrating strong deflationary execution and high transparency. This destruction is based on the HTX DAO governance mechanism, and 50% of Huobi HTX's revenue in the first quarter of 2025 will be used for token destruction. The destruction funds are mainly executed through the Sun.io channel, and public and transparent records are completed on the chain. Users can query specific destruction details through transaction hashes.

It is worth noting that in the first quarter of 2025, Bitcoin fell from a high of nearly $110,000 to $70,000, a callback of more than 30%. According to Coingecko data, the average daily trading volume of cryptocurrencies across the entire network has fallen from $200.7 billion to $146 billion, a drop of 27%. In an environment of overall decline, HTX DAO's quarterly destruction volume only fell by 15%.

At the same time, the HTX DAO holding voting tool has been launched recently, supporting users to participate in community governance, proposal voting, etc. by holding $HTX. In the future, HTX DAO will continue to enhance community consensus, promote ecological prosperity, and build an autonomous financial ecosystem in the Web3 era with users.

Compared with many "paper DAOs" and "empty destruction" projects in the crypto industry, HTX DAO's destruction action not only has verifiable authenticity on the chain, but also reflects its long-term strategy in deflationary models and ecological construction. We disassemble this destruction event from multiple dimensions, trying to restore a more real and rational picture of HTX DAO's development.  

1. Destruction is not a gimmick, but part of the DAO governance mechanism 

The "destruction" operation that was common in the early days of the crypto industry was often a "market value management" behavior done by the project party without community consent or transparent mechanisms in order to stimulate prices in the short term. In contrast, the "verifiable income-automatic repurchase-on-chain destruction" model established by HTX DAO at the end of 2023 provides a strong institutional basis for destruction.  

HTX DAO's destruction mechanism includes:

• Income linkage: A certain proportion of ecological income (such as handling fees, platform income, etc.) is used to repurchase HTX;

• On-chain transparency: All destruction addresses and transaction records are traceable, and data is synchronized in real time;

• Clear cycle: Destruction announcements and Hash information are regularly released every quarter and subject to community audits;

• Governance constraints: The DAO governance mechanism supervises and adjusts the repurchase and destruction ratio and execution frequency.

Therefore, HTX DAO's destruction is not a short-term market behavior, but a deflationary "cash-out" action under institutional design, which has a long-term compounding effect.

Second, the fluctuation of the value of destruction is a rational reflection of the market mechanism

Compared with Q4 2024, the total value of destruction in Q1 2025 has slightly decreased (US$22 million in Q4 2024 and US$19.2 million in Q1 2025), and some investors have expressed concerns about this. However, from the perspective of the mechanism, this decline precisely reflects the rationality and non-manipulative nature of the operation of HTX DAO:

• DAO income fluctuations are normal and depend on the overall trading activity of the market;

• The repurchase funds come from real income, not virtual grants or prepaid market value;

• The number and rhythm of destruction follow the established model and are not temporarily adjusted due to "market value anxiety".

This shows that the value growth path of HTX DAO does not rely on "artificial beautification", but is on a verifiable and sustainable "growth + deflation" dual-driven path.  

Third, circulation decreases, scarcity increases, and value logic is being fulfilled

At present, the deflation trend of HTX DAO is already very obvious:

• Cumulative destruction: more than 60.97 trillion HTX, accounting for an increasing proportion of the initial total;

• Total circulation decreases: The scarcity of HTX in the hands of long-term holders is constantly increasing;

• The token model is healthy: low inflation and high destruction make HTX a "rare net deflation asset" in the exchange ecosystem.

From the EIP-1559 model of Ethereum (ETH) to the quarterly destruction of BNB, deflationary assets have been repeatedly verified by the market as one of the core logics of long-term value support. HTX DAO is constantly advancing along this mature logic, and the pledge, governance, node and other mechanisms within its ecosystem also form positive feedback with the destruction system. The deflationary logic of HTX DAO is not only a Tokenomics design, but also a value consensus: the less circulation, the stronger the value of a single currency; the larger the ecosystem, the more destruction, and the higher the value.

Fourth, comparative analysis: scarce execution in DAO governance

There are many projects under the banner of "DAO" in the current market, but few can truly implement governance proposals and realize the distribution of benefits of the mechanism. One of the biggest features of HTX DAO is that its execution and transparency are truly visible on the chain.

Compared with other DAO common problems:

Therefore, from the perspective of mechanism reliability, HTX DAO is one of the top samples with the strongest execution efficiency, the clearest deflation logic, and the most transparent financial data in the current DAO ecosystem.

V. DAO is not a slogan, but a value realization mechanism

From the Q1 destruction data, HTX DAO is still continuing its steady growth path: it still maintains nearly 20 million US dollars in repurchase and destruction under revenue fluctuations, is transparent on the chain, has high community acceptance, and continuously optimizes the circulation structure. All these factors come together to form a key judgment: HTX DAO is on a path that can truly enable DAO to "deliver on its promises" and realize the long-term value of tokens.

With the market recovery, ecological expansion, and increased user activity, we have reason to believe that the destruction data in each quarter in the future will become a very convincing "milestone" on the growth path of HTX DAO.

This is not only a verification of the mechanism, but also a realistic answer to "whether DAO can work."

About HTX DAO

As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diverse group of people who are committed to promoting the success of this organization. Its unique ecosystem advocates open values ​​and encourages all ecological participants to put forward suggestions that can promote the development of HTX DAO.