Dear BitMart Users,

As stated the “Repurchase Mechanism” in our white paper, BitMart used 20% of the income earned from trading fees of Q4, 2024 to repurchase and burn 2,694,992.747 BMX (approx. 741,123 USD) . The Repurchase Mechanism will continue until 500 million BMX are burnt, thus reducing the total supply of BMX.

You can check the burn records via the blockchain browser:
https://etherscan.io/tx/0x136e6dda98f12b6a4d15ed556f2a975e4de8e9c2be94404147fb3020a4e631b7

Thank you for your support!

BitMart Team

Feb 10, 2025