Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Deflation Reaches a New High: 42,008.06 DMD Permanently Burned via Smart Contract Last Week

Deflation Reaches a New High: 42,008.06 DMD Permanently Burned via Smart Contract Last Week

CointimeCointime2026/06/11 06:38

[June 11, 2026] The latest on-chain data from the DMDAO Intelligent Computing Center indicates that within the past 7 calendar days, the DMD smart contract has automatically captured and executed the physical burning of a total of 42,008.06 DMD, setting a recent record for the highest weekly deflation volume.

Accelerating Toward the One-Million Total Supply Cap: The full outbreak of this round of burning is driving DMD to accelerate its convergence toward its ultimate scarcity limit of 1,000,000 tokens. With the surge in network-wide interactions, the circulating supply in the market is undergoing a deeper structural tightening.

A Direct Reflection of Market-Making Yields: The explosion in burning data directly reflects the strong high-frequency spread capturing capabilities and authentic business revenues of the underlying Matrix Prime market-making system. Powered by the Euler linear deflation model, the reduction in total circulating supply simultaneously strengthens the algorithmic weight of the remaining tokens.

Code Rigidity Defying Market Sentiments: DMDAO official stated that the deflation of DMD does not rely on market sentiment, but is instead a long-term mechanism built purely upon real transaction flows, the internal loop of market-making yields, and automated contract execution. Every burn serves as on-chain ironclad evidence of the economic model's highly efficient operation.

Deflation continues, structure reshapes.

Genesis nodes concluded; DMDAO officially enters the era of pure zero-sum game among existing stock!

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Gurman predicts iPhone Duo: The first foldable may set industry standards, Apple (AAPL.US) foldable could trigger a decade-long upgrade cycle

Renowned financial journalist Mark Gurman stated that Apple’s first foldable iPhone has the potential to elevate the still-experimental foldable phone category to an industry standard. He noted that this device, called the iPhone Duo, is one of Apple’s most influential products, ranking just behind the iMac, iPod, iPad, and Apple Watch.

智通财经2026/09/13 23:31
Gurman predicts iPhone Duo: The first foldable may set industry standards, Apple (AAPL.US) foldable could trigger a decade-long upgrade cycle

Anchoring to Nasdaq! Anthropic races toward a record-breaking IPO with fundraising scale targeting SpaceX

Sources indicate that Anthropic PBC has chosen Nasdaq as its listing venue, and the potential IPO is expected to set a historic record.

智通财经2026/09/13 23:21
Anchoring to Nasdaq! Anthropic races toward a record-breaking IPO with fundraising scale targeting SpaceX