BNB Chain Burns 1.57M Tokens in 35th Quarterly Event

BNB Chain executed its 35th quarterly token burn on April 15, 2026, permanently removing approximately 1.57 million BNB tokens from circulation, valued at around 1 billion at the time of the event. The action reduced the circulating supply to about 134.79 million BNB, advancing the network's long-term goal of capping the total at 100 million tokens from an original supply of 200 million.

The burn followed the protocol's automated AutoBurn mechanism, which calculates the amount based on the token's price and the number of blocks produced on the BNB Smart Chain during the quarter. Tokens were transferred to a dead address, rendering them unrecoverable and ensuring full transparency through on-chain records. This quarterly event, the second of 2026, was slightly larger in token volume than the previous round in January, which eliminated 1.28 million BNB. Officials from BNB Chain confirmed the transaction details, including the exact figure of 1,569,307.34 BNB sent to the burn address at 10:22 UTC.

Since the burn program launched in October 2017, more than 67 million BNB have been removed, representing over one-third of the initial supply. At the current rate of roughly 1.5 million...