According to the official announcement, the on-chain burn of GateToken (GT) for Q4 2025 has been officially completed. A total of 2,163,900.48229 GT has been transferred to the burn address, with a total burn value exceeding $26.92 million.
To date, a cumulative total of 184,819,426 GT has been burned, with an estimated total value of over $1.9 billion (at current prices)
On-chain transaction details can be viewed at: https://etherscan.io/tx/0x03773d485c05dc26a541f5d74e15097d02e010dea34c5cc4f6d3a127ac0126ce
GT is the core platform token of Gate and the native asset of Gate Chain. As the utility token and gas fee token on GateChain, GT plays a fundamental role in powering the network’s core transfer infrastructure. Since the GateChain mainnet launch in 2019, GT has implemented a sustained deflationary mechanism.
The total token supply has been significantly reduced from its initial 300 million, with an overall reduction of approximately 61.61%.
With the official launch of the high-performance Layer 2 network Gate Layer, along with a series of innovative decentralized applications, including the decentralized perpetual exchange Gate Perp DEX, the on-chain launch platform Gate Fun, and the cross-chain meme trading and analytics platform Meme Go, the core role of GT within the Gate ecosystem continues to strengthen.
As the exclusive gas token for Gate Layer, GT’s on-chain utility and demand are expanding in tandem with the growth of the overall ecosystem.
Gate remains committed to its GT burning plan, steadily progressing toward a deflationary model in full compliance with regulations to increase GT’s scarcity and long-term value.
Through continuous innovation and an ever-evolving ecosystem, Gate is building a safer, more efficient, and open blockchain infrastructure, delivering a richer Web3 experience to users worldwide and jointly shaping a prosperous crypto future.
Meanwhile, Gate is committed to advancing its All in Web3 strategy, continues to deepen the underlying infrastructure construction, expands decentralized trading and multi-chain application scenarios, and provides users with a safer, more efficient, and richer Web3 experience.
Through the synergy of the deflation mechanism and ecosystem construction, Gate is taking a long-term perspective to promote the maturity and sustainability of Web3 infrastructure.
About Gate
Gate, founded in 2013 by Dr. Han, is one of the world’s earliest cryptocurrency exchanges. The platform serves over 47 million users with 4,200+ digital assets and pioneered the industry’s first 100% proof-of-reserves. Beyond core trading services, Gate’s ecosystem includes Gate Wallet, Gate Ventures, and other innovative solutions.
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Source: https://beincrypto.com/gatetoken-gt-burn-q4-2025/
