What Is HTX DAO?

HTX DAO (ticker HTX) is the governance token of the decentralized autonomous organization built around HTX, the cryptocurrency exchange formerly known as Huobi. Token holders vote on ecosystem proposals, delegate voting power, and receive benefits on the exchange. The token launched in early 2024 as the successor to the old Huobi Token (HT), one of the original exchange tokens.

• Overview - Table of Contents
• What Is HTX DAO?
• Getting Started With HTX DAO
• How To Get An HTX DAO Wallet?
• HTX DAO Resources
• How To Buy HTX DAO?
• Latest HTX DAO News

Huobi was founded in Beijing in 2013 by Leon Li, a former Oracle engineer, and grew into one of the world's largest exchanges before exiting mainland China after the 2021 crackdown. In late 2022 Li sold his controlling stake to About Capital, a Hong Kong investment firm associated with Justin Sun, who took an advisory role and is widely reported to effectively control the exchange. Sun himself was charged with civil fraud and market manipulation by the US SEC in March 2023, charges he has contested. The exchange rebranded from Huobi to HTX in September 2023, and HTX DAO launched in January 2024, with the HTX token beginning trading that same month and a launch ceremony following in Singapore in February.

The transition from HT was rocky. HT holders converted to HTX over a year-long window at ratios that varied by venue and timing, from roughly 350,000 to over 1.6 million HTX per HT with early converters getting better rates, and the old token still trades thinly at a tiny fraction of its former value. HT's history includes a March 2023 flash crash in which it fell about 93 percent in minutes before rebounding, which the exchange blamed on cascading liquidations. The exchange itself was hacked in November 2023, losing about 30 million dollars from hot wallets on the same day its affiliated Heco Bridge was drained of roughly 86 million dollars; Justin Sun pledged full compensation and services resumed within days.

HTX has a maximum supply of 999.99 trillion tokens, distributed across community programs, developer grants, ecosystem support, partnerships, and platform development. Its own whitepaper leans into meme framing while pairing it with concrete utility: governance voting, a 25 percent spot fee discount and additional futures fee discounts on HTX, staking, and Launchpool access. The DAO burns 50 percent of platform revenue in HTX every quarter; the first-quarter 2026 burn destroyed about 10.8 trillion HTX worth roughly 20 million dollars. The token lives primarily as a TRC-20 on Tron, with deployments on Ethereum, BNB Smart Chain, and BitTorrent Chain.

Recent years have added regulatory turbulence. In May 2026 the United Kingdom sanctioned HTX over alleged violations of Russia sanctions, a designation the exchange disputes, and in June 2026, after World Liberty Financial froze HTX-linked addresses citing those sanctions, the exchange delisted the USD1 stablecoin and WLFI amid the ongoing legal fight between Justin Sun and World Liberty Financial. Anyone holding HTX should understand that its value is tightly coupled to one exchange ecosystem and its controversial principal.

Getting Started With HTX DAO

HTX is easiest to use within the HTX exchange ecosystem:

1. Step 1: Create an account on HTX or another exchange that lists the token, or set up a Tron wallet for self-custody.
2. Step 2: Buy HTX and either keep it on the exchange for fee discounts and staking, or withdraw it as TRC-20.
3. Step 3: Participate in HTX DAO governance through the forum and on-chain voting, or delegate your votes.
4. Step 4: Watch the quarterly burns, which remove 50 percent of platform revenue in HTX from supply.

How to Get an HTX DAO Wallet?

HTX lives mainly on Tron, with smaller deployments on EVM chains.

TronLink

TronLink is the standard Tron wallet and holds HTX as a TRC-20 token, the token's primary form.

Trust Wallet

Trust Wallet officially supports the TRC-20 version of HTX on mobile.

MetaMask

MetaMask holds the smaller ERC-20 and BEP-20 deployments of HTX on Ethereum and BNB Smart Chain.

HTX DAO Resources

• HTX DAO Official Website
• HTX DAO Whitepaper
• HTX on Tronscan
• HTX on Etherscan
• HTX DAO on X
• HTX DAO Discord
• HTX DAO Telegram

How to Buy HTX DAO?

Unsurprisingly, most HTX trading happens on the HTX exchange itself.

Centralized Exchanges

HTX trades on the HTX exchange (its dominant venue by far), Poloniex, MEXC, Bybit, and Gate, mostly against USDT.

Decentralized Exchanges

On Tron, HTX trades on SunSwap against WTRX and USDT, with deep liquidity in the main pool. Smaller pools exist on Uniswap on Ethereum and PancakeSwap on BNB Smart Chain. Fund a Tron wallet with TRX, connect to sun.io, and swap.

Latest HTX DAO News

HTX DAO's quarterly burn program has continued on schedule, with the first-quarter 2026 burn destroying about 10.8 trillion HTX (roughly 20 million dollars) in April 2026 and the next scheduled for July. Cumulative burn-and-pledge activity exceeds 200 million dollars by the project's own accounting. The DAO overhauled its whitepaper in August 2025 and runs ongoing staking and Launchpool programs.

The bigger headlines have been geopolitical: the UK sanctioned the exchange in May 2026 over alleged Russia sanctions violations, and in June 2026 HTX delisted USD1 and WLFI after World Liberty Financial froze exchange-linked wallets, part of the wider legal battle between Justin Sun and the Trump-affiliated venture. The HTX DAO announcements page and X account are the best sources for burn reports and governance votes.