BNB Chain Burns $1.29 Billion in Tokens, Reducing Supply to 136 Million

BNB Chain Token Burn Summary

BNB Chain completed its 34th quarterly token burn, destroying approximately 1.37 million BNB, valued at $1.29 billion.
This event marks the first scheduled supply reduction of 2026 for BNB Chain.
The total circulating supply was reduced to 136,361,367 BNB.

Transaction Details

The tokens were sent to a designated burn address, permanently removing them from circulation.
The burn transaction occurred on Jan. 15, 2026, at approximately 08:43 UTC.

Supply Reduction Mechanism

BNB Chain uses an Auto-Burn system aiming to reduce supply to 100 million tokens over time.
The system calculates burn amounts based on token price and network activity each quarter.
A gas fee burning protocol also destroys a portion of transaction fees in real-time, with around 281,000 BNB destroyed through this method since its introduction.
The BNB Smart Chain does not create new tokens; thus, the supply decreases over time.

Recent Network Activity

The token burn followed BNB Chain's Fermi hard fork, which reduced block production time to 0.45 seconds.
Initial market reaction was muted, with BNB declining slightly before recovering post-announcement.
BNB's price fluctuated between $937 and $945, with current trading near $939 and a market cap of approximately $128.78 billion.
BNB's all-time high was $1,369.99 in October 2025, currently about 31% below that peak.
24-hour trading volume reached $1.89 billion.