HTX DAO
$0.000002
STRICT-Score
Max. Potenzial
5.6x
Potenzieller Ertrag
Wahrscheinlichkeit
50%
Erfolgschance
Risikoniveau
6/10
Mittleres Risiko
Marktkapitalisierung
$1.53B
Volumen
$13.55M
STRICT-Score Aufschlüsselung
Unser proprietäres Bewertungssystem evaluiert Projekte anhand von 6 Schlüsseldimensionen.
Analyseübersicht
Analyseübersicht
HTX DAO (HTX) is trading at approximately $0.000001633 with a market capitalization of $1.63 billion and 24-hour trading volume of $11.93 million as of December 2025. The token serves as the governance and utility asset for HTX Exchange (formerly Huobi), the eighth-largest crypto exchange globally handling $2.41 billion in daily volume. HTX DAO employs a deflationary tokenomics model, burning 50% of quarterly exchange revenue to reduce supply. In 2025, the DAO burned 36.22 trillion HTX tokens in Q1-Q3, totaling 85.88 trillion tokens ($163 million) since inception. The deflation rate accelerated from 0.78% in Q2 2024 to 1.39% in Q3 2025, demonstrating increasing scarcity dynamics.
Investitionsthese
HTX DAO represents a direct investment in the cash flows and governance of a top-10 global crypto exchange with over $2.4 billion in daily trading volume. The tokenomics model directly links token value to exchange performance through a "Verified Revenue – Automatic Buyback – On-chain Burn" mechanism that allocates 50% of quarterly revenue to token burns. With HTX Exchange maintaining 2.64% market share across centralized exchanges and expanding its ecosystem through Listing Governance 2.0, community-driven token listings, and builder grants, the DAO offers exposure to exchange fee revenue growth. The accelerating deflation rate (33% average quarterly growth) combined with expanding utility through DeFi yield aggregators and on-chain staking positions HTX as an undervalued exchange token play in the current market.
Wettbewerbsposition
HTX DAO occupies a middle-tier position among exchange tokens, ranking 8th globally by volume but trailing significantly behind industry leaders. While Binance dominates with 39.8% market share and OKX holds 14.34%, HTX maintains a modest 2.64% share. However, HTX differentiates through aggressive deflationary tokenomics (50% revenue to burns vs competitors' typical 20-30%) and genuine DAO governance allowing community-driven listings. Compared to BNB's utility-focused model and OKX's broader ecosystem play, HTX focuses purely on exchange governance and burn mechanics. The exchange's 12-year operational history (since 2013) provides credibility, but recent regulatory setbacks (Hong Kong license withdrawal) and market share stagnation pose competitive disadvantages. HTX competes directly with Bitget, Gate.io, and KuCoin for the mid-tier exchange market, where differentiation through fee revenue sharing and deflationary mechanics may provide an edge.
Fazit
HTX DAO offers exposure to a proven exchange with genuine deflationary tokenomics and accelerating supply reduction, but faces significant headwinds from regulatory uncertainty, market share erosion, and competitive pressure. The 50% revenue burn mechanism is compelling, yet the modest 2.64% market share limits upside potential compared to top-tier exchange tokens. Current market sentiment is extremely bearish with recent 37% monthly declines. While the long-term deflation thesis remains intact, investors should wait for clearer regulatory pathways and stabilizing market share before accumulating. Existing holders should maintain positions given the automated burn mechanics, but new entries should await improved risk/reward dynamics.
Stärken
- Proven deflationary model: Burned 85.88 trillion HTX ($163 million) with deflation efficiency growing 33% quarterly, from 0.78% to 1.39%
- Direct revenue linkage: 50% of quarterly exchange revenue automatically allocated to HTX buybacks and burns, creating scarcity tied to platform growth
- Established exchange infrastructure: HTX ranks 8th globally with $2.41 billion daily volume, 2.64% market share, and presence on 28 exchanges
- Active governance expansion: Listing Governance 2.0 enables community-driven token listing/delisting, with 6 tokens successfully listed via voting in 2025
- Growing utility ecosystem: Expanding beyond governance into DeFi yield aggregators, on-chain Earn products, and staking rewards
Risiken
- Regulatory uncertainty: Exchange withdrew Hong Kong license application in February 2025, signaling compliance challenges in key jurisdictions
- Market share erosion: HTX holds only 2.6-3.6% market share vs Binance\
- s 14.34%, limiting growth potential
- Price decline: HTX down 37.58% in the last month with bearish sentiment and Fear & Greed Index at 21 (Extreme Fear)
- Governance concentration risk: Large token holders may dominate voting, reducing decentralization despite community mechanisms
- Competitive pressure: Facing intense competition from Binance ($698.3B monthly volume), OKX, and emerging exchanges with lower fees
Kommende Katalysatoren
Q4 2025 token burn announcement
Zeitrahmen: January 2026
HTX Builder Grants and global hackathon launch
Zeitrahmen: Q1 2026
On-chain Earn and DeFi yield aggregator rollout
Zeitrahmen: Q1-Q2 2026
Preisziele
Continued market share decline to sub-2%, regulatory headwinds limiting expansion, and prolonged crypto bear market reducing exchange volumes by 40%+. Price reaches 2024 all-time low levels.
HTX maintains 2.5-3% market share, deflation mechanism continues at 1.2-1.5% quarterly rate, and moderate crypto market recovery drives 30% increase in exchange volumes. Governance expansion attracts modest new users.
HTX captures 4-5% market share through successful U.S. regulatory partnerships, accelerated token burns from 50%+ volume growth, and DeFi utility expansion driving significant staking demand. Crypto bull market multiplies exchange revenues.
STRICT-Score
Bewertung: 68/100 | Potenzial: 5.6x
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Haftungsausschluss: Diese Analyse dient nur zu Informationszwecken und sollte nicht als Finanzberatung betrachtet werden. Führen Sie immer Ihre eigene Recherche durch, bevor Sie Anlageentscheidungen treffen. Investitionen in Kryptowährungen sind volatil und mit erheblichen Risiken verbunden.