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Huobi burned 1,950,555 HT in 2023 Q2

According to Huobi Q2 report, 1,950,555 HT were burned on Huobi in the second quarter of 2023. As Huobi steps up its burning mechanism, a total of 298,940,224 HT was burned as of July 15, 2023.

The circulating deflation rate of the quarter was 0.9066%. (Note: Circulating deflation rate = HT burned at time T * (15%/20%) / Circulating supply at time T-1 = 1,950,555 HT * (15%/20%) / 161,360,000 HT)

Current circulating supply: 159,153,756 HT. (Current circulating supply = Existing supply - Fixed TVL - Various long-term TVL)

Existing supply: 201,050,000 HT. (Rounded to the nearest whole number)

Huobi Token Huobi Token $0.68
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