The history of BNB burns is marked by the move from an initial buyback and burn program to the current BNB Auto-Burn Mechanism, which is calculated quarterly based on price and block production. In addition, the BEP-95 real-time burn was introduced, which burns a portion of gas fees on the BNB Smart Chain and will continue even after the target of 100 million tokens is met. The first burn was in October 2017, and the latest was in October 2025, destroying over 1.4 million BNB.
Evolution of the burn mechanisms:
Initial Quarterly Burn (2017-2021): Binance would use 20% of its quarterly profits to buy back BNB from the market and burn it.
BNB Auto-Burn (December 2021-Present): The process became automated, with the amount of BNB to be burned calculated quarterly based on the price of BNB and the number of blocks generated, making the process more predictable and transparent.
Real-Time Burn (BEP-95) (Since 2021): A portion of the gas fees collected on the BNB Smart Chain is burned in real-time, providing a steady, ongoing burn that will persist even after the 100 million target is reached.
Pioneer Burn Program:
This program compensates users for verified losses of BNB due to honest mistakes, with these losses counting toward the quarterly burn total.
Examples of past burns:
Q4 2024 Burn (January 2025): 2.14 million BNB were burned, valued at approximately $600 million.
33rd Quarterly Burn (October 2025): 1,441,281.413 BNB were destroyed, valued at about $1.208 billion at the time of the burn.
Goal of the burns:
The ultimate goal is to reduce the total supply of BNB from the initial 200 million down to 100 million through this consistent burning process, which is intended to increase scarcity and potentially raise the value of the remaining tokens.
#bnbburn $BNB