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Gate.io has successfully completed its scheduled GateToken (GT) burn for the fourth quarter of 2024. On March 6, 2025, the platform permanently removed 2,904,885.4321514 GT from circulation, corresponding to a value exceeding $63.9 million. 
This recent burn aligns with Gate.io’s ongoing strategy to enhance the value of GT by reducing its total supply. Since the launch of GateChain in 2019, the platform has consistently executed quarterly burns, cumulatively eliminating approximately 177 million GT tokens to date. This figure represents a substantial reduction of nearly 60% from the initial
GT1.16%
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