HTX DAO completes token destruction in Q2 2025, with a total of nearly 11.8 trillion HTX tokens

According to the official announcement of HTX DAO, the HTX token destruction plan for the second quarter of 2025 has been successfully completed on July 15th. On chain data shows that a total of 11796322511974.72 HTX were destroyed this time, with a total value of over 22.17 million US dollars, an increase of 15% compared to the previous quarter. At present, the cumulative number of HTX destroyed and donated accounts for 9.2% of the total circulation. For specific destruction details, please refer to the link. As of now, the HTX DAO has destroyed approximately 72.76 trillion HTX tokens with a cumulative value of approximately $136 million, aiming to gradually increase the long-term value of the tokens through a deflationary mechanism. It is reported that the decentralization process of HTX DAO has developed rapidly recently, and the coin recommendation channel has officially opened. Community users can recommend high-quality projects through various channels. After preliminary review and HTX position users' voting, the winning project will be submitted to Huobi HTX Exchange for review and is expected to go online. This mechanism not only gives community users greater voice, but also marks a crucial step for HTX DAO towards transaction governance and an important milestone towards its vision of a 'free financial port'.