[PRESS RELEASE – Dubai, UAE, July 15th, 2026]

15th of July: The BNB Chain Foundation has officially announced the successful completion of the 36th quarterly BNB token burn by BNB Chain. This marks our third burn of 2026.

Here are the facts and figures from the latest burn:

Auto-Burn (Total BNB burned): 1,615,827.795 BNB
Approximate value in USD at the time of burn completion: ~$931,702,464
Transaction ID (TXID) for BNB burn: View transaction
Remaining to be burned: Check real-time data here
Remaining total supply: 133,166,127.91 BNB

at time of writing 15 July, 2026 at 10:35AM UTC.

What You Need to Know About the BNB Burn

BNB is the native coin of the BNB Chain ecosystem, essential for powering its multifaceted Web3 environment. It supports transactions on the BNB Smart Chain (BSC), the opBNB L2s, and BNB Greenfield blockchain. Besides transaction fees, BNB serves as a governance token, granting holders the ability to participate in the BNB Chain’s decentralized on-chain governance. Additionally, BNB functions as a strategic reserve asset and enters the radar of more mainstream financial institutions, driving ecosystem growth and incentivizing adoption.

Following its mainnet launch on April 18, 2019, BNB transitioned from the Ethereum Network to BNB Chain. “Build and Build” is the philosophy behind BNB, reflecting its role in fostering development within the ecosystem. BNB employs an Auto-Burn system to gradually reduce its total supply to 100,000,000 BNB. The burn amount is adjusted based on BNB’s price and the number of blocks generated on BSC during a quarter, ensuring transparency and predictability.

BNB Auto Burn

The BNB Auto-Burn provides an independently auditable, objective process. The figures are reported quarterly, and the mechanism is independent of the Binance centralized exchange.

This quarter’s burn and future burns will occur directly on BSC due to the BNB Chain Fusion. The corresponding BNB amount will be sent to the “blackhole” address: 0x000000000000000000000000000000000000dEaD.

Note: Due to the recent Lorentz, Maxwell and Fermi upgrades, BSC is producing blocks more frequently, compared with the time when the Auto Burn formula was originally defined. The parameters used in the formula have been adjusted to keep the idea and spirit consistent.

BNB Real-time Burn

Additionally, BNB implements a real-time burning mechanism based on gas fees. BSC validators determine the ratio of gas fees collected in each block, which is burned at a fixed rate. Since the introduction of BEP95, roughly 291K BNB has been burnt under this mechanism.

About BNB Chain

BNB Chain is one of the largest and most active blockchain ecosystems in the world, supported by a global community of developers and users. With high throughput, low transaction costs, and full EVM compatibility, BNB Chain powers scalable applications across finance, gaming, and the broader Web3 economy. For more information, users can visit www.bnbchain.org.

The post BNB Chain Completes 36th Quarterly Token Burn, Marks Third Burn of 2026 appeared first on CryptoPotato.

By

Leave a Reply

Your email address will not be published. Required fields are marked *