BNB Chain 36th burn removes 1.62M tokens

The BNB Chain network has completed its 36th quarterly token burn, permanently removing approximately 1.62 million BNB tokens from circulation in a move valued at around $932 million. The event, which took place on July 15, 2026, advances the network's long-term goal of reducing its total token supply to 100 million.

This latest burn reduced the circulating supply of BNB to approximately 133.17 million tokens. It removed a slightly larger number of tokens than the previous quarterly burn in April, which destroyed about 1.57 million BNB. The dollar value of the latest burn was lower than the April event's $1.02 billion due to changes in the market price of BNB. The burn mechanism operates independently of the Binance centralized exchange and is a protocol-level function of the BNB Chain network.

The quarterly AutoBurn uses a formula based on the average price of BNB and the number of blocks produced on the BNB Smart Chain during the quarter. Network officials stated the formula acts as a stabilizer, burning more tokens when prices are lower and fewer when prices are higher to maintain consistent dollar-value reductions. The 36th burn also marked an operational change, with future...