Key Highlights:
- BNB Foundation completes BNB chain’s 47th quarterly burn, removing 1,646,196.44 BNB worth approximately $1.197 billion dollars at the time.
- The burn leaves 131,512,085 BNB in total supply as the network continues its gradual reduction towards 100 million BNB.
- BNB Chain also uses a separate real-time burning mechanism that destroys a portion of gas fees collected on BNB Smart Chain.
The BNB Foundation has announced the completion of BNB Chain’s 37th quarterly BNB token burn, removing more than 1.64 million BNB from circulation. The burned tokens were valued at approximately $1.197 billion at the time of the transaction, according to figures provided by the foundation. The latest burn leaves the network with a reported total supply of 131,512,085 BNB. The quarterly mechanism is designed to gradually reduce BNB’s supply toward a target of 100 million tokens. The foundation’s announcement also emphasizes BNB Chain’s ongoing token-burning mechanisms, which include both quarterly Auto-Burn events and a separate real-time process linked to network gas fees.
Key Figures From BNB Chain’s 37th Quarterly Token Burn
The latest quarterly burn removed 1,646,196.44 BNB, with an approximate value of $1,197,344,519.40 at the time of the burn. The transaction can be viewed on BscScan.
As of October 19, 2026, at 10:05 AM UTC, the remaining total supply stood at 131,512,085 BNB. Users can check the amount still to be burned through the BNB Burn website.
BNB is the native coin of the BNB Chain ecosystem. It is used to pay transaction fees on BNB Smart Chain (BSC) and supports activity across opBNB layer-2 networks and BNB Greenfield. The token also serves as a governance asset, allowing holders to participate in decentralized on-chain governance.
BNB Chain launched its mainnet on April 18, 2019, after which BNB transitioned from Ethereum to BNB Chain. The token’s “Build and Build” philosophy reflects its role in supporting developm ent across the ecosystem. BNB is also described by the foundation as a strategic reserve asset and has attracted interest from financial institutions.
How Does BNB Auto-Burn Reduce the Token Supply?
NB Auto-Burn provides a quarterly process for reducing the token supply through an independently auditable mechanism. The system is designed to operate independently of the centralized Binance exchange, with burn amounts adjusted according to BNB’s price and the number of blocks generated on BSC during a quarter.
The long-term objective is to reduce the total BNB supply to 100,000,000 tokens. Following the BNB Chain Fusion, quarterly burns take place directly on BSC, with the designated amount sent to the blackhole address. BNB Chain has also adjusted parameters used in the Auto-Burn formula following the Lorentz and Maxwell upgrades. These upgrades increased the frequency of BSC block production compared with the conditions under which the original formula was defined. The adjustments are intended to preserve the mechanism’s underlying principles.
The auto-burn mechanism replaces an earlier quarterly burn model that was based on BNB trading volume and Binance’s exchange. Under the present system, the amount burned is calculated using BNB’s market price and the number of blocks generated during the quarter. This approach is intended to make the process more transparent and predictable by allowing the amount burned to adjust to changing market and network conditions.
Alongside quarterly Auto-Burn events, BNB has a real-time burning mechanism introduced through BEP-95. Under this process, a portion of the gas fees collected in each BSC block is burned, with the burn ratio determined through validator governance. This connects ongoing token destruction to network activity.
Together, the two mechanisms support BNB Chain’s stated goal of gradually reducing the token supply, with the latest quarterly event marking another step toward the 100 million BNB target.
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