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On-chain analysts monitor GT, with over 1.92 million tokens burned on-chain in Q2 2025

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Odaily
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Jul 7, 2025

According to on-chain data analyst @ai_9684xtpa, GateToken ($GT) has completed its on-chain burn for Q2 2025, with a total of 1,922,789.196841 $GT transferred to the burn address. To date, Gate has cumulatively burned over 180 million GT. According to Ai Yi's observation, various exchanges are gradually putting quarterly burns on the agenda.
Since the launch of the GateChain mainnet in 2019, $GT has been implementing a continuous burn mechanism, demonstrating a long-term commitment to the $GT deflationary mechanism. [Odaily Planet Daily]

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