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Price
0.052935 USD
% Change
1.80%
Market Cap
40.2M USD
Volume
2.02M USD
Circulating Supply
759M
Osmosis to Hold Token Burn
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
75.58%
Now (Added 8 months ago)
The event is about to begin
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May 7 12:54 (UTC)
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