In Q1 2026, 108.3 trillion HTX were destroyed, with a total value of nearly 19.22 million USD, and an annual deflation rate as high as 5.5%
According to the official announcement from HTX DAO, the token burn of $HTX for the first quarter of 2026 was successfully completed on April 15. On-chain data shows that a total of 10,825,402,253,521.04 $HTX tokens were burned, equivalent to a value of over 19.215 million USD. It is noteworthy that despite a 27% quarter-on-quarter decline in the overall trading volume of the cryptocurrency market in the first quarter of this year, Huobi HTX still maintained a strong revenue conversion ability, consistently executing the quarterly burn of $HTX, demonstrating a certain level of anti-cyclical capability.This counter-trend performance further solidifies the extreme deflationary economic model of $HTX. Data shows that since 2024, the cumulative amount of $HTX donated and burned by HTX DAO has exceeded 11% of the total issuance, with an annual deflation rate as high as 5.5%. This hardcore deflationary pressure far exceeds that of most mainstream tokens in the market, endowing $HTX with strong long-term scarcity and value support.