In Q1 2026, $HTX burned 10.83 trillion tokens, worth nearly $19.22 million, with an average annual deflation rate of 5.5%.
CoinFeed reported on April 16th that, according to an official announcement from HTX DAO, the Q1 2026 $HTX token burn 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. Notably, despite a 27% quarter-on-quarter decline in overall cryptocurrency trading volume in Q1, Huobi HTX maintained strong revenue conversion capabilities and consistently implemented its quarterly $HTX burn, demonstrating a degree of counter-cyclical resilience. This counter-cyclical performance further solidifies $HTX's extreme deflationary economic model. Data shows that since 2024, HTX DAO has donated and burned over 11% of the total $HTX supply, with an average annual deflation rate of 5.5%.