BNB Chain just torched another $932 million worth of its native token. The network’s 36th quarterly Auto-Burn removed approximately 1.62 million BNB from circulation in mid-July, continuing a yearslong campaign to cut the token’s total supply in half.
How the burn works
BNB Chain’s Auto-Burn is a formula-driven mechanism that calculates how many tokens to destroy based on two inputs: the average price of BNB during the quarter and the number of blocks produced on the network.
When BNB’s price drops, the formula actually burns more tokens. When the price rises, fewer get destroyed. It’s a built-in stabilizer designed to maintain consistent dollar-value burns regardless of market conditions.
This latest burn slightly exceeded the pre-estimated target of 1.615 million BNB, coming in at 1.62 million tokens. The previous burn on April 15, 2026, destroyed 1,569,307.34 BNB valued at approximately $1.02 billion.
