Zach Anderson
Jan 15, 2026 12:22
BNB Chain completes 34th quarterly burn, destroying 1.37M tokens worth $1.27B. Remaining supply hits 136.3M BNB as Auto-Burn mechanism continues toward 100M target.
The BNB Foundation torched 1,371,803.77 BNB tokens—roughly $1.277 billion at time of burn—in its 34th quarterly token destruction event, the first of 2026. The remaining circulating supply now sits at 136,361,374 BNB, inching closer to the protocol’s ultimate target of 100 million tokens.
BNB traded at $937.85 following the announcement, up 0.85% over 24 hours with a market cap of $127.89 billion.
Breaking Down the Burn
The quarterly destruction comprised two components: 1,371,703.67 BNB through the standard Auto-Burn mechanism and 100.1 BNB via the Pioneer burn program. All tokens were sent to the permanent “blackhole” address on BNB Smart Chain, where they become permanently inaccessible.
What makes the Auto-Burn interesting is its formula-driven approach. The amount destroyed each quarter adjusts based on two variables: BNB’s average price and the number of blocks produced on BSC during that period. Higher prices and more network activity mean larger burns.
The Foundation noted that recent Lorentz and Maxwell upgrades increased BSC’s block production rate, requiring formula adjustments to maintain the mechanism’s original intent.
The Long Game to 100 Million
Since migrating from Ethereum to its own chain in April 2019, BNB has committed to reducing supply from its original 200 million tokens down to 100 million. With 136.3 million remaining, roughly 36.3 million more tokens need burning—potentially another 6-7 years at current rates.
Beyond quarterly burns, BSC runs a real-time burning mechanism tied to gas fees. Validators determine what portion of collected fees gets destroyed each block. Since BEP95 introduced this feature, approximately 281,000 BNB has been permanently removed through gas burns alone.
Why Traders Watch Burns
Token burns don’t guarantee price appreciation, but they do create predictable supply reduction. For BNB holders, each quarterly event removes roughly 1% of circulating supply while the token continues functioning as gas for BSC, opBNB Layer 2, and BNB Greenfield transactions.
The next quarterly burn should occur around April 2026, with the exact amount dependent on Q1 price action and network activity. Traders can track real-time burn data at bnbburn.info.
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Source: https://blockchain.news/news/bnb-burns-1-27b-tokens-supply-drops-136m
