DMD’s 7-Day Burn Surpasses 36,313.28 Tokens
On July 24, 2026, DMDAO officially released its latest on-chain data monitoring report. According to the data, from July 17 to July 23, DMD’s automated burn mechanism maintained strong momentum, with a total of 36,313.28 DMD permanently burned over the past 7 days.
As the market-making ecosystem continues to remain active, high-frequency on-chain burns are accelerating the reduction of circulating supply, steadily driving the total DMD supply toward the ultimate target of 1,000,000 DMD.
The rapid advancement of the deflationary process will further strengthen the ecosystem’s asset-supporting capacity and risk resistance.
Users can verify the burn address in real time through blockchain explorers and jointly witness the long-term healthy development of the DMDAO ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Last week, retail investors made a "record-breaking" dip buy of US chip leveraged ETFs, but this week they plummeted.
Last week, retail investors poured $6.1 billion into 3x leveraged chip ETFs, but suffered a 20.5% single-day plunge this Thursday, almost perfectly coinciding with the start of the rapid downturn. The cumulative decline in October has exceeded 43%, far surpassing the 15.9% loss of non-leveraged products during the same period. The root cause lies in the market’s skepticism toward AI investment returns. The most significant uncertainty is whether aggressive spending by tech giants will actually deliver on profit expectations, while the use of leverage has exponentially magnified the cost of this misjudgment.

Africa’s payment giant backed by SoftBank is rushing to list in the US! Opay (OPAY.US) plans to raise $336 million, with its valuation possibly exceeding $4 billion
The payment platform Opay Ltd., which focuses on the Nigerian market, plans to raise up to 336 million dollars through an initial public offering (IPO).
BMT surges past $0.039, briefly up over 40%

Western Digital (WDC.US) CFO refutes claims of AI demand peaking: No signs of weakening, if it cools down it could help us catch up with the demand gap
Western Digital's CFO expressed strong support for AI storage demand, stating that hyperscale cloud providers are continuously increasing capital expenditures and have engaged in discussions regarding supply needs through 2030 to 2031. Although the company's quarterly results exceeded expectations and profit guidance was raised, capital expenditure more than doubled compared to the same period last year, putting pressure on free cash flow. This has sparked concerns in the market about the sustainability of returns on AI data center investments. The stock closed down by about 3% on Friday.
