On July 15, HTX DAO officially announced the completion of the destruction of $HTX tokens for the second quarter of 2026. On-chain data shows that a total of 7,474,935,439,560 $HTX tokens were destroyed this time, equivalent to a value of over 13.6 million US dollars. By this point, the total amount of $HTX destroyed and donated has reached 117.79 trillion tokens (On-chain destruction certificate).

Combining the data from the first quarter, HTX DAO has destroyed $HTX worth over 32.82 million US dollars in the first half of 2026. In the current environment where overall liquidity is under pressure, this “deflationary report” is particularly noteworthy.

“Self-sustaining” capability in adverse conditions

Looking back at the first half of this year, affected by the waning expectations of interest rate cuts by the Federal Reserve and continuous net outflows of funds from spot ETFs among other macro factors, the cryptocurrency market experienced complex emotional shifts and tightening liquidity, with BTC once dropping below the $60,000 mark. Meanwhile, both spot and derivatives trading volume across the network experienced a significant decline, and the total supply of stablecoins also saw its first quarterly contraction since Q3 2023.

However, in this challenging industry environment, $HTX has maintained a destruction scale at the tens of millions of dollars level for two consecutive quarters, reflecting not only the sustained implementation of HTX DAO's deflationary mechanism but also demonstrating the business resilience and strong counter-cyclical capacity of Huobi HTX.

According to the half-year data disclosed by Huobi HTX, the platform has accumulated 59.49 million registered users, with a total trading volume approaching 90 million US dollars. Additionally, the platform supports over 612 trading pairs, covering mainstream assets, popular sectors, and high-demand new projects.

It is this stable trading activity and asset supply rhythm that provides ample cash flow support for the continuous deflation of $HTX.

Expansion of the ecosystem opens up value limits

Continuous large-scale destruction has built a foundation of scarcity for $HTX; however, what truly determines its long-term value is the expanding application scenarios and ecosystem demand.

Recently, the HTX Genesis Hackathon, co-hosted by HTX DAO and B.AI, with OpenCSG and TinTinLand as co-organizers, is set to enter the finals stage. This event has established a prize pool of 20,000 USDT and over 100,000 US dollars in computing power resources, attracting more than 200 developer teams to actively participate and explore frontiers such as $HTX application scenarios, AI Agent finance, on-chain asset management, and DAO tools and smart financial operating systems.

Notably, these kinds of developer incentive programs not only continuously bring innovative projects into the ecosystem but will also further expand the application space of $HTX in governance, payments, incentives, and ecosystem collaboration, creating a more sustained and genuine demand for the token.

In the future, as HTX DAO’s governance system continues to improve, the developer ecosystem grows, and more innovative applications roll out, $HTX will gradually evolve from a singular governance token into an important value carrier connecting trading, governance, developer ecosystem, and AI innovation, establishing a more robust and sustainable long-term value foundation for the entire HTX DAO ecosystem.

About HTX DAO

HTX DAO is a decentralized autonomous organization (DAO) initiated with the support of the Huobi HTX exchange and the TRON public chain ecosystem, collaboratively established by community members, early contributors, and global advisors. HTX DAO aims to build an open governance ecosystem led by users, with transparent rules and high efficiency, serving as a key engine for promoting the development of a decentralized financial system.

HTX DAO upholds the principle of “holding coins is governance,” aiming to stimulate the consensus and participation of global users, connect community interests with platform value, and explore a new order in the world of crypto finance.

Contact Information

Official website: www.htxdao.com

Email: [email protected]