BNB Chain Completes $916 Million Token Burn

BNB Chain has completed its 31st quarterly token burn, permanently removing approximately 1.57 million BNB—valued at around $916 million—from circulation as part of its ongoing deflationary policy. This automatic burn mechanism, introduced in late 2021 and calculated based on BNB’s price and the number of blocks produced, aims to reduce the total supply to a target of 100 million tokens. In addition to quarterly Auto-Burns, BNB also employs a real-time burning system for transaction fees, boosting long-term network sustainability. These burn events increase the scarcity of BNB, potentially supporting its price and incentivizing long-term holders. BNB’s utility extends beyond transactions, including governance, incentives, and supporting thousands of decentralized applications across its ecosystem. The burn mechanism is transparent, independently audited, and operates separately from Binance, reinforcing confidence in the token’s economic design.