GateToken(GT) Q2 2026 on-chain burn completed, 2.57 million GT burned worth over $17.75 million

GT0.59%

Gate News, according to Q2 2026, the on-chain burning of GateToken (GT) has been officially completed. A total of 2,570,063.3829548 GT has been transferred to the burn address, with a burn value exceeding $17.75 million.

Since the launch of the Gate Chain mainnet in 2019, GT has implemented a continuous burning mechanism, reducing the total token supply from an initial 300 million by approximately 63.32%. After this burn, the cumulative total burned reaches 189,947,219 GT, with a total cumulative burn value exceeding $1.311 billion.

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