PANews October 16 news, according to the official announcement of HTX DAO, the $HTX token burn for the third quarter of 2026 was completed on October 15. On-chain data shows that a total of 9,386,358,095,816 (approximately 9.39 trillion) $HTX was burned this time, equivalent to a value of approximately 15.48 million USD, with the burn amount increasing by approximately 25.6% quarter-on-quarter. So far, HTX DAO has cumulatively burned and donated as much as 127.17 trillion $HTX.
According to the established mechanism of HTX DAO, Huobi HTX, as an ecosystem partner, will use 50% of its revenue each quarter for $HTX buybacks and burns. In the future, HTX DAO will continue to advance $HTX burns and related on-chain information disclosure, while deepening community governance and ecosystem development, and continuously improving the HTX token economic system.