BNB Chain completes 36th quarterly burn, destroying 1.62 million BNB

BNB Chain completes 36th quarterly burn, destroying 1.62 million BNB

N
News Editor
2026-07-15 11:13:51
BNB Foundation said BNB Chain has completed its 36th quarterly BNB burn, marking the third quarterly burn carried out in 2026. A total of 1,615,827.795 BNB was removed in this round, with the burned tokens valued at about $932 million based on the price at the time of the burn. As of publication, the remaining total supply of BNB stood at 133.17 million tokens. The burn was executed through the BNB Auto-Burn mechanism, which the foundation said operates independently from Binance’s centralized exchange. Under that mechanism, BNB’s total supply is set to be reduced gradually to 100 million.
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BNB Foundation said BNB Chain has completed its 36th quarterly BNB burn, which also marks the third quarterly burn in 2026.

A total of 1,615,827.795 BNB was burned in the latest round, worth about $932 million based on the token price at the time of the burn. As of publication, BNB’s remaining total supply stood at 133.17 million.

The burn was carried out through the BNB Auto-Burn mechanism. According to the foundation, that mechanism operates independently from Binance’s centralized exchange and is designed to gradually reduce BNB’s total supply to 100 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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