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HTX DAO completed its Q1 2026 HTX token burn, removing $19.22 million worth of tokens. Cumulative supply reduction exceeds 11% since 2024, with an average 5.5%
HTX DAO completed its first-quarter 2026 $HTX token burn on April 15, permanently removing 10,825,402,253,521.04 tokens valued at approximately $19.22 million from circulation [1]. This action brings the cumulative total of $HTX burned and pledged to 110.32 trillion tokens, contributing to an over 11% reduction in total supply since the burn program began in 2024 [1].
| At a glance | |
|---|---|
| Q1 2026 Burn Value | ~$19.22 million [1] |
| Tokens Burned Q1 2026 | 10.83 trillion $HTX [1] |
| Cumulative Supply Reduction | >11% since 2024 [1] |
| Annual Deflation Rate | 5.5% [1] |
The Q1 2026 burn occurred despite a turbulent market, which saw global crypto trading volumes decline by 27% quarter-over-quarter due to cautious macroeconomic sentiment [1]. HTX DAO reported that the volume of $HTX burned in Q1 2026 exceeded 1% of its total supply, which the organization states demonstrates "counter-cyclical resilience" [1]. This performance is attributed to the HTX platform's ability to maintain efficient revenue conversion and high-volume burn schedules [1].
Market capital flows also showed HTX's strength, with DefiLlama data indicating that as of March 31, HTX ranked first globally among centralized exchanges (CEXs) for 24-hour net capital inflows, attracting $54.14 million in a single day [1]. Since the burn program's inception in 2024, the cumulative reduction in $HTX supply through burns and pledges has surpassed 11% of the total supply, representing an average annual deflation rate of 5.5% [1].
While the supply of $HTX is contracting, demand is being reinforced through several initiatives. In Q1 2026, $HTX was listed on the European compliant exchange Bit2Me, aiming to expand its user base and liquidity in regulated markets [1]. HTX DAO also launched a $HTX staking feature, offering holders up to 10% APY and participation in governance, which incentivizes long-term holding [1].
Since April 1, $HTX has been designated as the sole token for trading fee discounts on the HTX exchange, integrating it into core trading scenarios [1]. In 2024, HTX saw its total user base grow to over 49 million, with trading volume reaching nearly $2.4 trillion, a 100% year-over-year increase [2]. User assets on the platform grew to $5 billion, an 80% increase compared to early 2024, with a net capital inflow of $1 billion [2]. The number of users holding $HTX on the HTX exchange exceeded 720,000, and large holders (possessing over 100,000 USDT) increased by 110% [2].
The consistent token burns and ecosystem developments suggest HTX DAO is focused on a deflationary model to support $HTX value, even as the broader crypto market experiences volatility.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jul 7, 2026 · How we report
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