WBT’s new record puts its tokenomics under the spotlight

WhiteBIT Coin (WBT) is trading around $72.7 after setting a new all-time high, extending a run that has taken the token beyond its previous $64.11 peak from December 2025.

The move comes shortly after WBT marked four years since launch, giving the latest price milestone some useful context.

The token has gained 28.3% over the past 12 months and was ranked among the global top 10 cryptocurrencies, as per the latest crypto data. 

But price is only one part of the WhiteBIT token’s story. Its supply schedule has now entered a different phase, while the token continues to be used across exchange services and Whitechain.

WBT’s supply unlocks are now complete

WBT's full token supply has been unlocked as of 2026.

That closes an important chapter in the token's distribution. Scheduled unlocks can introduce additional supply into the market over time, making the completion of the process a meaningful point for holders and traders watching circulating supply.

The end of unlocks does not mean WBT's supply is now static.

WhiteBIT continues to operate a buyback-and-burn mechanism.

According to its published tokenomics, the program uses an amount corresponding to 33% of trading-fee income and 5% of income from other exchange activities for WBT buybacks and burns.

The stated long-term objective is to reduce the supply toward 200 million WBT.

That creates a supply dynamic worth watching as the token trades at record levels.

WBT utility across the ecosystem

Supply mechanics matter more when a token also has reasons to be held.

WBT provides trading-related benefits on the WhiteBIT platform, including fee reductions for eligible holders.

It can also increase referral rewards and provide access to certain Launchpad activities. Staking and reward opportunities add another layer to the token's use within the platform.

The asset is not limited to exchange functions, either.

WBT is the native gas token for Whitechain, meaning it is used to pay transaction fees on the network.

That role will continue as Whitechain moves toward its Ethereum Layer 2 architecture.

This gives WBT two distinct areas of utility: exchange-related functions on one side and blockchain activity on the other.

WBT utility expands through Whitechain

The blockchain component is becoming more significant as Whitechain prepares to move from a standalone Layer 1 to an Ethereum Layer 2 built using the OP Stack.

Its Sepolia testnet is already live, allowing developers to experiment with the new environment ahead of the planned mainnet transition. The new architecture will settle on Ethereum while retaining EVM compatibility.

For WBT holders, the transition is intended to preserve the existing asset. As per WhiteBit team, there will be no replacement token, while WBT's supply and tokenomics remain unchanged.

The development gives the token another variable to track beyond exchange activity and market sentiment.

Actual network usage could eventually become another source of demand for WBT, although that will depend on how much activity the new network attracts.

The token enters a new era of development

The latest record is therefore arriving at an unusual point in WBT's lifecycle.

The token has completed its scheduled unlock process, continues to undergo supply reductions through burns, and has accumulated several utility functions since launching four years ago.

Its market position has also changed, with the token now trading above its previous record and having gained 28.3% over the past year.

None of those factors guarantees further price appreciation. They do, however, provide more to examine than the latest chart alone.

For WBT, the next phase will likely be defined by how the market responds to its new supply profile and whether activity across the exchange and Whitechain creates sustained demand for the token.