BNB Chain Burns Over $1B Worth of BNB in 35th Quarterly Token Burn

BNB Chain Burns Over $1B Worth of BNB in 35th Quarterly Token Burn

BNB Chain has completed its 35th quarterly BNB token burn, destroying 1,569,307.34 BNB at an approximate value of $1.02 billion, according to an official announcement from the BNB Foundation dated April 15, 2026.

The burn reduces BNB’s remaining total supply to 134,786,916.53 BNB. The tokens were permanently removed from circulation by sending them to a dead address: 0x000000000000000000000000000000000000dEaD, a standard blockchain method for making tokens permanently inaccessible.

What Is the BNB Auto-Burn and How Does It Work?

The BNB Auto-Burn is the primary mechanism behind each quarterly burn. It uses a formula that adjusts the number of tokens burned based on two variables: the current price of BNB and the number of blocks generated on BNB Smart Chain (BSC) during the quarter.

This design means the burn volume is not a fixed number. It shifts with market conditions and network activity, making the process transparent and independently auditable. The mechanism operates separately from Binance, the centralized exchange, and all transactions are verifiable on-chain.

Read more: coinmarketcap.com

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