GateToken (GT) On-Chain Burn for Q3 2025

Gate has successfully completed the on-chain burn of GateToken (GT) for the third quarter of 2025. A total of 2,100,414.287861 GT, valued at approximately $35.32 million, has been permanently removed from circulation by being transferred to the designated burn address.

View transaction details on-chain:
https://etherscan.io/tx/0x8d47384c2af471180bcacd630cba9d9a42fdfcc7c8b30836478a5f91deb77e29

Since the GateChain mainnet launched in 2019, GT has implemented a continuous burn mechanism. The total supply has decreased by about 60.88% from the initial 300 million. Despite multiple market cycles, we have consistently and prudently executed the burn strategy, underscoring our long-term commitment to GT’s deflationary design and laying a solid foundation for its value proposition.

Key Highlights from This Burn:

• GT burned this quarter: 2,100,414.287861
• Estimated burn value: ~$35.32 million
• Total GT burned to date: 182,655,526
• Cumulative Burn Value (at current prices): ~$2.955 billion

Looking ahead, Gate will continue to strictly follow its established burn plan and steadily advance the deflationary process in compliance with applicable laws and regulations, further reinforcing GT’s scarcity and long-term value. In September, aligned with the “All in Web3” strategy, Gate accelerated its ecosystem build-out with the launch of the high-performance Layer 2 network Gate Layer, the decentralized perpetual exchange Gate Perp DEX, and the on-chain launch platform, Gate Fun, enabling multi-dimensional empowerment from infrastructure to application. Gate Layer secures network stability through GT staking;Gate Perp DEX offers fast and secure on-chain trading; and Gate Fun lowers the barrier for creators, advancing the Web3 creator economy and meme culture. Driven by both the deflationary mechanism and ecosystem expansion, GT’s value support, application scenarios, and ecological influence continue to strengthen, injecting new momentum into Gate’s long-term growth.

Disclaimer :

This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.com/user-agreement .

Gate Team
October 15, 2025

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