BNB Foundation announced completion of the 37th quarterly burn, removing 1 646 196.44 BNB from circulation.

Burn specifics

The one-time action destroyed 1 646 196.44 BNB, valued at approximately $1.2 billion at the moment of the burn.

The foundation described the transaction as part of its scheduled, quarterly mechanism to reduce circulating supply and adjust tokenomics.

Progress toward supply target

After this operation, the project still needs to remove about 31.5 million BNB to reach the stated target total supply of 100 million coins.

The remaining amount reflects cumulative burns across prior quarters and ongoing allocation rules for transaction-fee-based burns.

Context and mechanics

Quarterly burns on the BNB Chain are executed according to predefined rules combining on-chain fees and periodic adjustments determined by the foundation.

These operations permanently eliminate tokens by sending them to non-recoverable addresses, thereby reducing the circulating supply.

Implications for supply metrics

By the foundations accounting, each burn updates circulating supply figures and is reported to the community after the transaction finalizes on-chain.

Stakeholders can verify the burn amounts and transaction identifiers through on-chain explorers and official foundation notices.