GateToken (GT) Exchange

About GateToken

GT is the native utility and gas token of the Gate ecosystem, a platform suite encompassing Gate.io (centralised exchange), GateChain (proof-of-stake blockchain), and Gate Layer (OP Stack Layer 2 network launched September 2025). Users of Gate.io hold GT to access trading fee discounts across spot, futures, and margin products through a tiered VIP structure; GT also serves as the exclusive gas token on Gate Layer and as the staking and reward asset on GateChain. Gate.io launched GT in 2019 with an initial supply of 1 billion tokens, then immediately burned 700 million — capping the working maximum at 300 million.

GT tokenomics

Gate.io operates a quarterly revenue-funded buyback-and-burn programme that has systematically reduced GT's outstanding supply since 2019. As of Q3 2026, cumulative burns total over 191.9 million GT — approximately 64% of the 300 million working maximum — with an aggregate burn value exceeding $1.504 billion, according to Gate's Q3 2026 burn announcement. Approximately 108 million GT remained of the 300 million working maximum after the Q3 2026 burn (300 million minus about 191.9 million burned).
Working maximum — 300,000,000 GT after the original 700 million burn; no mechanism to increase this ceiling
Remaining supply — approximately 110 million GT after the Q2 2026 burn; further reduced each quarter through active burns
Burn mechanism — Gate.io allocates 15% of profits from crypto-to-crypto, margin, and futures trading to buy back and burn GT, plus 5% toward GT research and development — 20% of qualifying profit in total, adjusted every four years
Q3 2026 burn — 1,987,321 GT (worth over $22.35 million) destroyed on-chain in the Q3 2026 quarterly burn, per Gate's announcement of October 5, 2026; the Q2 2026 burn was 2,570,063 GT, per Gate's report of July 22, 2026
Burn verification — all quarterly burns are executed and verifiable on-chain, with the event date and token quantity publicly announced
Gate Layer utility — GT is the exclusive gas token for Gate Layer transactions, adding on-chain demand independent of CEX fee discount usage
Staking — any GateChain account can participate in block validation by paying standard transaction fees; stakers earn GT rewards proportional to their stake

What determines GT's value

GT's primary demand driver is Gate.io's trading volume: the quarterly burn size scales directly with platform revenue from spot, margin, and futures fees — meaning every increase in exchange activity accelerates the rate at which GT supply contracts. Gate publishes each quarterly burn: the third-quarter 2026 burn removed about 1.99 million GT, worth over $22.35 million at quarterly average prices, and the cumulative total reached about 191.9 million GT, according to Gate's announcement of October 5, 2026.

The secondary driver is Gate Layer adoption: as the L2's transaction activity grows, GT demand for gas fees adds a new supply absorption channel that operates independently of the CEX trading cycle. With 64% of the original max supply already permanently removed and the quarterly burn programme running continuously, the effective float shrinks each quarter regardless of market conditions — provided Gate.io maintains profitability.