The network uses an automatic mechanism that calculates burn volumes based on the token price and the number of blocks produced by the chain each quarter. This process is part of a long-term plan to shrink the total BNB supply to 100 million from a current level of 131.51 million, complemented by the burning of a portion of gas fees through the BEP-95 protocol.
Tuesday, October 20, 2026
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BNB Chain Burns $1.197B in 37th Quarterly Token Burn
Crypto2 days ago
Approximately 1.646 million BNB tokens were removed from circulation during the latest scheduled reduction on the BNB Smart Chain. This 37th quarterly auto-burn eliminated assets worth roughly $1.197 billion based on reference prices to decrease the total number of tokens available to holders.
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