GT has once again undergone a large-scale burn. According to official data, on-chain burns in the fourth quarter have been implemented, with over 2.16 million GT sent to the burn address, valued at more than $26.92 million.

The numbers are quite impressive. Since the launch of the GateChain mainnet in 2019, GT has been executing a burn plan. To date, more than 180 million GT have been burned, which is over $1.9 billion in value. The original total supply of 300 million has been reduced by 61.61%, making the deflationary effect quite evident.

What is the logic behind this? On one hand, the on-chain ecosystem is expanding. Gate Layer has launched, along with native applications like Gate Perp DEX, Gate Fun, and Meme Go, which are gradually being implemented. On the other hand, as the sole Gas token of Gate Layer, GT’s use cases are increasing—usable in trading, interaction, governance, and more—steadily boosting real demand on the chain.

Exchanges also have a clear plan: as the burn mechanism becomes more routine and ecosystem applications grow, the scarcity and value support of the token strengthen. Promoting token deflation within a compliant framework creates a positive feedback loop between the economic model and actual on-chain activity. This approach is increasingly becoming standard among leading exchanges.