The BNB Foundation Has Reached Its 31st Quarterly Token Burn, Taking 1,579,207 Tokens Out of Circulation.

This colossal decrease, valued at about $916 million at today's prices, reaffirms the project's long-standing dedication to reduce its overall supply.

The BNB Foundation has completed its 31st quarterly token burn, removing 1,579,207 BNB tokens from circulation. This massive reduction, worth around $916 million at today’s prices, showcases the project’s enduring commitment to decreasing its overall supply.

The latest burn marks a slight decrease from the previous quarter’s all-time high, which saw 1.634 million tokens, valued at approximately $1.16 billion, destroyed by the 30th quarterly burn. The earlier burn comprised 1.524 million tokens via the Auto-Burn system and approximately 110,000 units via the Pioneer Burn Program. The latest burn didn’t include any tokens from the Pioneer program.

The 31st quarterly $BNB token burn has been completed directly on BNB Smart Chain (BSC).

1.57M BNB has been burned 🔥

View burn details 👇https://t.co/u6HT0dLyFe pic.twitter.com/7jWUC9DgC0

— BNB Chain (@BNBCHAIN) April 16, 2025

The original goal was to halve the entire supply from 200 million down to 100 million tokens, as described in the project’s whitepaper.

This last cut brings the total amount of BNB burned to 40.89 million. At a price of $581 per token, this equates to the value of some $23.75 billion eradicated from supply forever.

The supply now stands at 139.311 million tokens, leaving the token almost halfway toward its final mark.

The circulating supply continues to be the fifth-largest in market capitalization, with its value at around $81 billion. It is the leading exchange token in the market.

Some of the community members have raised the issue of whether it is rational to burn amounts this big when the money can be used to fund marketing initiatives instead.

Many have asked: Why don’t you use that money for marketing instead?

Me: It’s not up to me. It was in the whitepaper. A promise is a promise. 🤷‍♂️

— CZ 🔶 BNB (@cz_binance) April 16, 2025

Asked how these issues can be addressed, Binance founder Changpeng Zhao replied that the burn mechanism is a promise set forth in the token’s whitepaper, remarking simply: “A promise is a promise.”

According to the foundation, BNB has two mechanisms in place to control its token supply. The first is the quarterly Auto-Burn which varies according to price and network usage. The second occurs real-time via BEP95, burning tokens within gas fees network-wide. All tokens burned are directed into a provable “black hole” address where they are irretrievable from circulation.

The Binance coin token has various roles in its flagship ecosystem, fueling transactions on BNB Smart Chain, opBNB, and Greenfield networks. In addition to paying for transaction fees, it is used as a governance token and reserve asset and also fuels ecosystem growth.