Recently analyzed a set of data, and the token burn volume of a leading exchange over the past 81 days is quite astonishing.
Total burn value: $1.277 billion. It sounds like a big number, but breaking it down makes it more intuitive—an average of $15.77 million burned per day, which translates to about $10,950 disappearing every minute. On the token level, an average of 16,936 tokens are burned daily, or about 11.76 tokens every minute into the black hole.
There’s also a detail: a large wallet once transferred 462 tokens( worth approximately $430,000) to participate in the burn. With such a scale of burn frequency, it’s no wonder that big players treat small tips with a smile. Using another calculation, about $600,000 worth of tokens are burned every hour.
From a deflationary perspective, this burn mechanism indeed creates sustained supply pressure over the long term. Market participants’ understanding of this type of token economic model often determines their confidence in holding the asset.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
4
Repost
Share
Comment
0/400
GasFeeNightmare
· 6h ago
11.76 coins per minute into the black hole... Oh my god, how much has evaporated while I sleep for a night, I can't even calculate it.
View OriginalReply0
ColdWalletAnxiety
· 6h ago
Damn, burning over ten thousand dollars every minute... How long will it take to burn until the Year of the Monkey?
View OriginalReply0
AlwaysMissingTops
· 6h ago
This destruction speed is really incredible, thousands of dollars disappear every minute.
View OriginalReply0
AirdropFatigue
· 7h ago
This destruction rate is really outrageous, burning over $10,000 per minute... But to be honest, this deflationary setup probably won't last much longer.
Recently analyzed a set of data, and the token burn volume of a leading exchange over the past 81 days is quite astonishing.
Total burn value: $1.277 billion. It sounds like a big number, but breaking it down makes it more intuitive—an average of $15.77 million burned per day, which translates to about $10,950 disappearing every minute. On the token level, an average of 16,936 tokens are burned daily, or about 11.76 tokens every minute into the black hole.
There’s also a detail: a large wallet once transferred 462 tokens( worth approximately $430,000) to participate in the burn. With such a scale of burn frequency, it’s no wonder that big players treat small tips with a smile. Using another calculation, about $600,000 worth of tokens are burned every hour.
From a deflationary perspective, this burn mechanism indeed creates sustained supply pressure over the long term. Market participants’ understanding of this type of token economic model often determines their confidence in holding the asset.