BNB Chain completes 32nd quarterly token burn worth over $1 billion

The BNB Foundation has officially announced the successful completion of the 32nd quarterly token burn by the BNB Chain ecosystem.

Details:

Total BNB burned: 1,595,599.78 BNB

Actual burn: 1,595,470.69 BNB

Pioneer Burn: 129.10 BNB

Estimated value at time of burn: approximately $1.024 billion

Remaining total supply: 139,289,513.94 BNB

This burn is part of the Auto-Burn mechanism, which aims to reduce BNB's total supply to 100 million. The amount burned is automatically adjusted each quarter based on BNB’s price and the number of blocks produced on BSC, ensuring transparency and independently verifiable results. This mechanism is not dependent on the Binance exchange.

Meanwhile, the Real-time Burn mechanism introduced via BEP-95 also continues to operate, with around 265,000 BNB burned so far based on a fixed portion of gas fees from each block. In addition, the Pioneer Burn Program compensates users for lost BNB due to honest mistakes by including those losses in quarterly burns.

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