HTX DAO completes Q3 2026 HTX token burn, with volume up 25.6% quarter over quarter

HTX DAO completes Q3 2026 HTX token burn, with volume up 25.6% quarter over quarter

N
News Editor
2026-10-16 06:32:12
HTX DAO said the burn for the third quarter of 2026 was completed on Oct. 15, according to an official announcement cited by ChainCatcher. On-chain data showed that 9,386,358,095,816 HTX tokens, or about 9.39 trillion HTX, were burned in this round, with an estimated value of about $15.48 million. The amount burned rose about 25.6% from the previous quarter. HTX DAO said cumulative HTX burned and donated has now reached 127.17 trillion tokens. Under the mechanism previously set by HTX DAO, crypto exchange Huobi HTX, acting as an ecosystem partner, allocates 50% of its quarterly revenue to HTX buybacks and burns. The organization also said it will continue to push forward HTX burns and related on-chain disclosures, while deepening community governance and ecosystem development as part of efforts to refine the HTX token economic model.

HTX DAO has completed the HTX token burn for the third quarter of 2026 on Oct. 15, according to an official announcement cited by ChainCatcher.

On-chain data showed that a total of 9,386,358,095,816 HTX tokens were burned in the latest round, or about 9.39 trillion HTX, with an estimated value of about $15.48 million. The burn amount was up about 25.6% from the previous quarter.

With this batch included, cumulative HTX burned and donated by HTX DAO has reached 127.17 trillion tokens.

Under HTX DAO's established mechanism, Huobi HTX, as an ecosystem partner, uses 50% of its quarterly revenue for HTX buybacks and burns.

HTX DAO said it will continue advancing HTX burns and related on-chain information disclosure, while also deepening community governance and ecosystem development to further refine the HTX token economy.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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