The BNB Foundation confirmed the successful completion of its 33rd quarterly BNB token burn, permanently removing 1,441,281.413 BNB, worth approximately $1.2 billion, from circulation. Following the burn, BNB’s total supply stands at 137.7 million tokens, with the network continuing its long-term goal of reducing supply to 100 million BNB.
The burn followed BNB Chain’s Auto-Burn mechanism, which adjusts based on BNB’s price and block production on BSC. Independent from the Binance exchange, the system ensures transparent, predictable supply management, with tokens sent to a “blackhole” address for permanent removal.
Binance founder Changpeng Zhao commented on X that “roughly $11,000 worth of BNB is burned every minute,” underscoring the scale of the process.
BNB’s deflationary system operates alongside its real-time burn mechanism introduced via BEP95, which continuously removes a portion of gas fees from circulation. Since implementation, over 276,000 BNB have been destroyed through this model.
Token burns gain broader traction
BNB’s latest burn coincides with major projects turning to token destruction mechanisms to control inflation and reward holders.
By the end of September, World Liberty Financial (WLFI), a decentralized finance venture backed by the Trump family, announced the start of its own token buyback and burn initiative.
The program, approved through community governance, will use liquidity fees from its operations across Ethereum, BNB Chain, and Solana to repurchase WLFI tokens and send them to a burn address.
BNB’s Auto-Burn is still a reference for deflationary models, while WLFI’s new program shows how newer and politically linked projects are adopting similar supply-cut strategies.
Also read: BNB Chain’s ReachMe Platform Shuts Down Permanently
