HTX DAO completes token destruction in Q2 2025, with a total of nearly 11.8 trillion $HTX

On July 15, according to the official announcement of $HTX DAO, the $HTX token destruction plan for the second quarter of 2025 was successfully completed on July 15. On-chain data shows that a total of 11,796,322,511,974.72 $HTX were destroyed this time, with a total value of over $22.17 million US dollars, a 15% increase from the previous quarter. The cumulative amount of $HTX destroyed and donated currently accounts for 9.2% of the total issuance. For specific destruction details, see the link . As of now, $HTX DAO has destroyed a total of approximately 72,76 trillion $HTX, with a cumulative value of approximately US$136 million, aiming to gradually increase the long-term value of tokens through a deflationary mechanism. It is reported that the decentralization process of $HTX DAO has developed rapidly recently, and the coin recommendation channel has been officially opened. Community users can recommend high-quality projects through various channels. After preliminary review and voting by $HTX holding users, the winning projects will be submitted to Huobi $HTX Exchange for review and are expected to be launched. This mechanism not only gives community users greater voice, but also is a key step for $HTX DAO to move towards transaction governance, and is an important milestone in its vision of a "free financial port". [PANews]