HTX DAO (HTX) crypto is the governance token of HTX DAO, a decentralized autonomous organization that shares its name with the HTX exchange, formerly Huobi, but is not controlled by it. CoinStats lists HTX at $0.000001526, down 5.09% over 24 hours, with a market cap of $1.36B (rank #82).
Core technology and blockchain architecture
HTX DAO is not a standalone blockchain. HTX is a token deployed on several networks, with TRON as the primary deployment. The TRON version is a TRC-20 token, while the other deployments are ERC-20 on Ethereum, BEP-20 on BNB Smart Chain, and BTTC tokens on BitTorrent Chain. The TRON contract address is TUPM7K8REVzD2UdV4R5fe5M8XbnR2DdoJ6.
Governance runs through smart contracts. Blockworks reports that voting takes place on-chain on TRON, at one HTX per vote. A September 2025 whitepaper update introduced veHTX (vote-escrowed HTX), which grants voting rights over parameters such as listings, trading pairs and fee structures.
Uses of HTX DAO (HTX) crypto
- Governance: Holders propose changes on the HTX DAO Forum, which went live in December 2024, and vote through the Governance Module.
- Staking: A staking product launched in March 2026 and pays rewards from ecosystem development reserves.
- Fee payments: HTX DAO encourages using HTX for settlement and fee payments, with fee discounts.
- Ecosystem funding: The Genesis Program, announced on 3 September 2026, is backed by an initial $10 million HTX DAO Ecosystem Fund and uses milestone-based disbursement.
Who is behind HTX DAO and where is it based?
The sources do not name founders or a complete core development team for HTX DAO. CoinStats states that the DAO "does not identify a conventional founder group, registered foundation, or complete team of core developers." Blockworks names Justin Sun as a supporter among appointed members under HIP-001, but the sources do not establish him as a founder of HTX DAO.
HTX DAO was formally created on 18 January 2024 to replace the original Huobi Token (HT). The HTX exchange was founded in 2013 as Huobi and was rebranded HTX in September 2023.
The sources do not establish a single country of operation. Press releases carry datelines from Singapore, Apia (Samoa) and Panama City.
The whitepaper states that HTX DAO "is not a legal entity," and Blockworks reports that no foundation exists. UK regulators have taken action against Huobi Global S.A., which operates the exchange. That action concerns the exchange entity, not the DAO.
Tokenomics
CoinStats lists a total supply and a circulating supply of 888,846,370,538,197 HTX each, so no locked supply appears in the snapshot. The 24h volume is $35.95M, and the all-time high is $0.00000375, with the current price 59.31% below it.
Initial allocation
| Allocation | Share | |
|---|---|---|
| Early Contributors and Public Allocation | 19% | |
| Community Access Program | 19% | |
| Platform Development | 17% | |
| Partnership and Collaboration | 15% | |
| Developer Grant | 10% | |
| Research and Development | 10% | |
| Ecosystem | 10% |
CoinStats notes that the cited materials do not provide a complete vesting schedule.
Burn mechanics
- Buyback and burn: 50% of HTX exchange quarterly revenue is used to buy HTX on the open market, and the tokens are sent to a TRON burn address. The process typically takes place around the 15th of the first month of each quarter.
- First burn: The first burn was completed on 16 July 2024.
- Recent burns: The Q2 2026 burn on 15 July 2026 destroyed 7,474,935,439,560 HTX, valued at over $13.6 million. GlobeNewswire reports that H1 2026 burns totaled over $32.82 million.
- Liquidity pledge: Participants add liquidity to the HTX/TRX pool on decentralized exchanges, and the LP tokens are permanently burned. Cumulative HTX burned and pledged reached 117.79 trillion tokens after the Q2 2026 burn.
Blockworks states that the TRON contract cannot mint additional HTX.
Consensus mechanism and network security model
HTX DAO has no consensus mechanism of its own. As a token, it inherits the consensus and finality of TRON, Ethereum and BNB Smart Chain. The Blockworks Token Transparency Filing rates the project "Partial" with five identified gaps. The HTX DAO homepage warns users to confirm the correct contract address to avoid losses.
Key partnerships and ecosystem integrations
- HTX exchange: On 19 January 2024, HTX announced it was one of the first HTX DAO ecosystem builders and committed to contribute 50% of its platform revenue to ecosystem liquidity.
- Ecosystem builders: The HTX DAO homepage lists TRON, HTX and Poloniex as Global Ecosystem Builders.
- HTX Genesis Hackathon: Co-hosted by HTX DAO and B.AI, it began on 21 April 2026, drew more than 200 developer teams and carried a 20,000 USDT prize pool.
- Airdrops: The HTX Epic Airdrop distributed 255.97B HTX to 60.29K receivers.
Competitive advantages and unique value proposition
HTX DAO's distinctive design choices, as stated in its own materials, include the Ecosystem Liquidity Pledge, which replaces fixed buyback commitments and which the whitepaper says reduces regulatory concerns. Its governance is token-weighted, following HIP-001, which was ratified in April 2025. Its burn funding is tied to exchange revenue.
Findas, an independent analyst, notes that "supply is fixed" does not establish that supply is non-overhanging.
Current development activity and roadmap highlights
- Governance votes: HIP-007 Amendment, which proposed the Genesis Program, passed on 6 August 2026. HIP-001-R3, the election of the third HTX DAO Governance Committee, passed on 16 September 2026.
- Strategic pillars: HTX Square describes four pillars for HTX: "Stability, Transparency, Institutionalization, and AI-Empowerment."
- Planned expansion: HTX DAO plans to establish regional community hubs in Q4 2026.
The sources do not include a public roadmap with dated milestones or GitHub release activity.