Faced with the violent fluctuations and shrinking trading volume of the crypto market in the first quarter of 2026, HTX DAO still delivered a stunning deflation "report card".

The official announcement shows that HTX DAO has successfully completed the $HTX token destruction in the first quarter of 2026 on April 15. A total of 10,825,402,253,521.04 $HTX were destroyed this time, with a total value of nearly $19.22 million. As of now, HTX DAO has destroyed and donated a total of 110.32 trillion $HTX.

We are not afraid of market downturns and demonstrate “anti-cyclical” profitability resilience

In the first quarter of this year, affected by global macroeconomic sentiment, the overall trading volume of the crypto market fell sharply by 27% month-on-month. While the industry is generally facing the dilemma of shrinking revenue, $HTX’s performance has demonstrated strong “anti-cyclical” resilience.

Data shows that despite the relatively sluggish market, the destruction of $HTX in a single quarter still exceeded 1% of the total issuance. This means that the Huobi HTX platform still maintains efficient revenue conversion capabilities and a normal high-amount burning rhythm. This strong performance under the "headwind situation" has greatly boosted the confidence of the community and holders.

The trend of market funds also confirms this. DefiLlama data shows that as of March 31, Huobi HTX ranked first in the world in the 24-hour net capital inflow list of centralized exchanges, attracting a net inflow of US$54.14 million in a single day. The overall capital inflow trend is stable.

Destroyed over 11% in two years, 5.5% annual deflation rate reshapes asset scarcity

It is noteworthy that since the implementation of the destruction plan in 2024, the cumulative amount of $HTX destroyed and donated has strongly exceeded 11% of the total circulation, and the average annual deflation rate has reached an astonishing 5.5%. Not only is it far ahead of similar tokens, it is also significantly ahead of most mainstream crypto assets, building a very high scarcity barrier and value support base for $HTX.

In addition to deflation, the demand side of $HTX is also strengthening simultaneously.

In just one quarter, $HTX successfully landed on the European compliance trading platform Bit2Me to further expand the user and circulation base of the compliance market; during the same period, HTX DAO launched the $HTX staking function. Users can obtain up to 10% annualized income through staking, participate in governance, and enhance their willingness to hold and lock positions.

In addition, since April 1, $HTX has become the only fee-deductible token on the Huobi HTX exchange, deeply embedded in the core trading scenario, providing strong support for the continued execution of the subsequent destruction mechanism and market expectations.

The "flying against the wind" in the first quarter of 2026 is not only the best verification of the feasibility of the $HTX deflation model, but also the epitome of the steady development of the Huobi HTX ecosystem. It is foreseeable that as the deflation mechanism continues to exert force and the ecological territory continues to expand, the "absolute scarcity" of $HTX will be further stimulated.

About HTX DAO

HTX DAO is a decentralized autonomous organization (DAO) initiated by the Huobi HTX exchange and the TRON public chain ecosystem. It is established by community members, early contributors and global consultants. HTX DAO is committed to building an open governance ecosystem that is user-led, transparent in rules, collaborative and efficient, and has become a key engine to promote the development of the decentralized financial system.

HTX DAO adheres to the principle of "coin holding is governance" and aims to stimulate the consensus and participation of global users, connect community interests and platform value, and explore a new order in the crypto-financial world.