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Altcoins

BNB Chain completes $931 million burn, reduces total supply to 133 million

The BNB Foundation has confirmed the completion of the 36th quarterly BNB token burn, which was executed by BNB Chain. This latest burn event involved sending 1,615,827.795 BNB, valued at app

AnonymousCryptoCompass newsroom
July 15, 2026
3 min read
NEWS
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The BNB Foundation has confirmed the completion of the 36th quarterly BNB token burn, which was executed by BNB Chain. This latest burn event involved sending 1,615,827.795 BNB, valued at approximately $931,702,464 at the time, to dedicated “dead” wallets.

Burn mechanics and supply reduction

Following the operation, BNB’s total supply now stands at 133,166,127.91 tokens. BNB Chain employs an automated burn mechanism designed to gradually decrease the total supply to 100,000,000 BNB over time. The mechanism determines the burn quantity by factoring in the current BNB price and the number of blocks generated on BNB Smart Chain (BSC) each quarter.

The auto-burn system is structured to be transparent, allowing independent verification while operating independently from Binance’s centralized exchange platform.

Through the auto-burn system, BNB Chain aims to ensure transparency and maintain an objective process for reducing token supply, separate from centralized exchange activities.

Mini dictionary: Dead wallet (or “black hole” address): A blockchain address with no known private key, making sent tokens unrecoverable and effectively removed from circulation.

Additionally, BNB supports a real-time burning model linked to transaction gas fees. BSC validators decide the share of gas fees to be destroyed in each block, applying a fixed burn rate. Since the launch of BEP-95, a total of 290,954 BNB has been removed under this real-time mechanism.

Mini dictionary: BEP-95: A proposal on BNB Smart Chain introducing a real-time burning process, where a portion of each block’s gas fee is burned to permanently reduce BNB supply.

Burn mechanismAmount burned (BNB)Supply after burn (BNB)Auto-burn (36th event)1,615,827.795133,166,127.91BEP-95 real-time burn (total)290,954Included in current supply

Network upgrades and roadmap

This quarter’s burn and all future burns will be conducted directly on the BSC network following BNB Chain Fusion. The BNB tokens are sent to a black hole address, removing them from circulation permanently.

BNB Chain, an organization responsible for overseeing BNB’s blockchain ecosystem, recently marked its ninth anniversary, having debuted on July 14, 2017. Earlier this month, BNB Chain outlined its technology roadmap for the remainder of 2026, with a renewed emphasis on speeding up the network.

In the first six months of 2026, BSC reduced its block intervals to 450 milliseconds and lowered in-memory finality to 650 milliseconds. These changes nearly doubled benchmark throughput to about 5,200 transactions per second (TPS). The stated objective by year-end is to double mainnet throughput once more, supporting a long-term goal of achieving a tenfold improvement across BNB Chain’s infrastructure.

The latest upgrades focus on drastically improving transaction speed and scalability, with BNB Chain targeting a 10x performance boost in its ongoing rollout.

Beyond these advances, BNB Chain is developing a next-generation Layer 1 blockchain architecture to broaden the range of potential use cases. Deployment on a public testnet is scheduled by the end of 2026, followed by a mainnet launch in early 2027.

Mini dictionary: Layer 1 architecture: A base blockchain protocol that manages its own consensus and security, forming the foundation on which decentralized applications and secondary networks (Layer 2) are built.

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