Woofun AI reports that GateToken (GT) completed its Q2 2026 on-chain burn, removing 2,570,063.3829548 GT worth over $17.75 million. Since the 2019 Gate Chain mainnet launch, cumulative burns have reached 189,947,219 GT, exceeding $1.311 billion and reducing the initial 300 million supply by 63.32%. As the sole Gas token for Gate Layer, GT supports applications like Gate Perp DEX and Gate Swap. The ecosystem also expanded via Gate Stocks, offering 7x24 trading for over 12,500 global assets with fractional share support.