Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
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

Smart ring manufacturer Oura (OURA.US) IPO reportedly oversubscribed by about 4 times

According to market sources, the initial public offering (IPO) of smart ring manufacturer Oura in the US stock market has reportedly been oversubscribed by approximately four times.

智通财经•2026/09/26 03:46

Subscription multiplier reaches 4 times! "AI Ring" Oura IPO receives enthusiastic response

Smart ring manufacturer Oura's IPO was oversubscribed by approximately four times, planning to issue 50 million shares at a maximum price of $44 per share, aiming to raise up to $2.2 billions, with a fully diluted valuation of about $15 billions. Against the backdrop of companies like Holtec Nuclear withdrawing their IPO plans due to market conditions, Oura is expected to become the first major IPO in nearly three months to raise over $1 billion, injecting new vitality into the long-dormant U.S. IPO market.

华尔街见闻•2026/09/26 02:06

The Bank of Japan's interest rate hike still fails to impress the market! Hedge funds slash yen long positions by nearly 80%, while dollar long positions increase significantly

After the Bank of Japan failed to deliver a clear enough signal of further interest rate hikes to the market, hedge funds have significantly reduced their bullish bets on the yen.

智通财经•2026/09/26 00:06