CoinMeta data: According to the official announcement, the on-chain destruction of GateToken ( GT ) in the third quarter of 2026 has been completed. A total of 1,987,321.24 GT were transferred to the destruction address, with a destruction value exceeding 22.35 million US dollars. As of now, the cumulative total destruction of GT has reached 191,934,541 coins, with a cumulative destruction value exceeding 1.504 billion US dollars (calculated at the average quarterly price). Since the launch of the Gate Chain mainnet in 2019, the destruction mechanism has been continuously implemented, and the total token supply has been reduced by approximately 63.98% from the initial 300 million coins.