BNB Chain completes 31st quarterly token burn, removing 1,579,207 BNB worth $916 million

The BNB Foundation has completed its 31st quarterly BNB token burn, removing 1,579,207.72 BNB, valued at approximately $916.07 million from circulation as part of its long-term deflationary strategy.

The burn, finalized on April 16, 2025, is part of BNB Chain’s Auto-Burn program, which aims to gradually reduce the token’s total supply to 100 million BNB. This quarter’s burn leaves 40.89 million BNB still to be removed, with the current total supply standing at 139.31 million BNB.

Key Stats – 31st BNB Burn:

• Total BNB burned: 1,579,207.72
• USD value at time of burn: ~$916.07M
• Remaining to be burned: 40,886,572.43 BNB
• New total supply: 139,311,899.51 BNB

The Auto-Burn mechanism adjusts the burn amount based on BNB’s market price and the number of blocks produced on the BNB Smart Chain (BSC) during the quarter. This system ensures transparency and predictability in BNB’s supply management.

BNB is the native token of the BNB Chain ecosystem, supporting a wide range of use cases including transaction fees across BSC, opBNB L2s, and BNB Greenfield.

It also plays a key role in governance, giving holders a voice in on-chain decision-making.

Since its mainnet launch in 2019, when it transitioned from Ethereum to its own chain, BNB has followed the philosophy of “Build and Build,” emphasizing continuous innovation and ecosystem support.