GGT · GateChain
Inflation analysis
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MrNasdog Pressure Framework

GT · an exchange token that buys itself back and burns it — supply keeps shrinking.

GT is the platform and gas token of Gate on GateChain~106.5M circulating of a heavily-burned supply (down from an original 300M) with no protocol mint, so nothing is inflated into existence.

Sell pressure. No mint, no vesting, no bankruptcy — nothing new reaches the market. About 12.3M GT sits outside the float in locked allocations, next unlock dated 2030.

Buy pressure. A quarterly buyback-and-burn removes GT from the market — 5.13M GT destroyed across two rounds in the window (Jul 6 2026: 2.57M), lifting cumulative burns to ~189.9M GT.

Net. About −2.4% next 90 days — supply is shrinking, durably deflationary by buyback.

Inflation
Last 90 Days
-4.82%
updated
Net flow: 4.82% of supply taken off the market over 90 days
Next 90 Days
-2.41%
estimate
Net flow: 2.41% of supply taken off the market next 90 days
Supply shrinking · projected to keep shrinking
monitor gap · On-chain buyback-burns of 2,557,729 GT (Apr 27 2026) and 2,570,063 GT (Jul 6 2026) — ~5.13M GT bought off the open market and destroyed, ~189.9M cumulative — are verifiable on the burn address; the circulating-supply monitor holds roughly flat at −0.38% and does not register the open-market burn (checked Jul 13 2026), so the framework books the verified burn and keeps primary.
Upcoming · Next 90 Days
  • Q3 2026 buyback-and-burn (expected)~2.57M GT
    Oct 2026 · removed from market
Sell pressure
1. Protocol inflation
0

GT has no protocol mint — nothing is issued into the float. GateChain uses GT as its gas token, but gas is burned, not printed, so no new GT is inflated into existence.

permanent · no change
2. Vesting unlocks
0

GT is an exchange token with no seed, team or investor vesting calendar — there is no scheduled unlock cliff reaching the market in the window.

checked · Jul 13 2026
3. Foundation + unscheduled unlocks
0

About 12.3M GT sits outside the circulating float (total 118.7M vs 106.5M circulating) in locked team, treasury and community allocations plus a burn-only reserve, with the next scheduled unlock dated 2030 — no dated release reaches the market in the window. A tracked, monitored overhang. No public evidence of release in window — monitored.

checked · Jul 13 2026
4. Long-term locked or bankruptcy
0

No bankruptcy estate or court-ordered distribution applies to GT.

permanent · no change
Buy pressure
1. Programmatic buyback
~5.13M GT

Gate's quarterly buyback-and-burn — ~20% of platform profit repurchases GT from the open market and sends it to a burn address. Two rounds fell in the window: 2,557,729 GT on Apr 27 2026 and 2,570,063 GT on Jul 6 2026, ~5.13M GT destroyed. Cumulative burned is ~189.9M GT, about 63% of the original 300M supply. Next round (~2.57M GT) is expected early Oct 2026.

checked · Jul 13 2026
2. Protocol fee burn
0

There is no separate transaction fee-burn line for GT — the only burn mechanism is the profit-funded buyback in Buy #1.

permanent · no change
3. Foundation buy
0

Gate's only market purchase of GT is the buyback program already counted in Buy #1 — there is no separate discretionary buy to book.

checked · Jul 13 2026
4. New long-term lock
0

No new multi-year lock, escrow or staking cap was announced in the window — monitored.

checked · Jul 13 2026

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Supply check · sell, buy & net
 
Last 90D
Next 90D
Sell total (M GT)
0.000
0.000
Buy total (M GT)
5.130
2.570
Sell % of circ
0.000%
0.000%
Buy % of circ
+4.818%
+2.414%
Net inflation %
-4.818%
-2.414%
Score (0–2)
2.0
2.0
Verdict
favor
favor
Circulating supply: 106.480M GT
Read the inflation analysis
The full Pressure Framework write-up for GT.
Why the quarterly buyback-burn reads as deflationary — and why the monitor shows flat.

MrNasdog Pressure Framework analysis of GT, Metric 1 (Inflation Monitor). Data + explanation only. Not financial advice. Updated Jul 13, 2026.