Gate Burns 2.57M GT Worth $17.43M, Raising Annual Total to 7.29M
2026-07-05 12:04

Woofun AI reports that Gate permanently removed 2.57 million GT tokens from circulation, with the batch valued at $17.43 million. This event marks the exchange's third token destruction initiative for the current year, elevating the aggregate annual burn volume to 7.29 million GT, equivalent to approximately $58.56 million. Prior reductions included 2.56 million GT valued at $18.83 million executed 70 days ago, and 2.16 million GT worth $22.3 million processed 178 days ago.

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