Osmosis Osmosis OSMO
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Price
0.136512 USD
% Change
1.46%
Market Cap
101M USD
Volume
5.44M USD
Circulating Supply
745M
3% from all time low
8141% to all time high
-28% from all time low
3323% to all time high
75% are in circulation
Circulating Supply
745,970,240
Max Supply
1,000,000,000

Osmosis to Hold Token Burn

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Osmosis has completed its monthly token burn, permanently removing 164,000 OSMO tokens from circulation. This initiative is part of an ongoing deflationary mechanism whereby 50% of the OSMO tokens collected from taker fees are burned each month. To date, approximately 3 million OSMO tokens have been eliminated through this process, contributing to long-term supply reduction and value optimization for holders.

Event date: May 7, 2025 UTC

What is coin (token) burn?

A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.

OSMO Price Changes After Event Publication
5.61%
1 day
15.36%
2 days
37.03%
Now (Added 4 months ago)
The event is about to begin
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Added by Alika
May 7 12:54 (UTC)
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