The BNB Foundation has completed its 36th quarterly token burn, permanently removing 1,615,827.795 BNB from circulation. The burned tokens, valued at roughly $931.7 million at the time of the transaction, were sent to dead wallets on the BNB Chain. Following the burn, the remaining total supply of BNB stands at 133,166,127.91 tokens.
Auto-Burn and Real-Time Mechanisms
BNB employs an auto-burn system designed to gradually reduce its total supply to 100 million BNB. The amount burned each quarter is adjusted based on BNB's price and the number of blocks generated on BSC during that period. This process is independently auditable and operates independently of the Binance centralized exchange. Additionally, a real-time burning mechanism based on gas fees, introduced via BEP-95, has burned 290,954 BNB since its inception. BSC validators determine the ratio of gas fees collected per block that is burned at a fixed rate.
Transition to BSC and Ninth Anniversary
Due to the BNB Chain Fusion, this quarter's burn and all future burns will occur directly on BSC, with the corresponding BNB sent to a 'black hole' address. The burn coincides with BNB's ninth anniversary, as the token launched on July 14, 2017. Earlier in July, BNB Chain unveiled its tech roadmap for the second half of 2026, emphasizing speed improvements.
Performance Milestones and Future Plans
In the first half of 2026, BSC reduced block intervals to 450 milliseconds, brought in-memory finality down to 650 ms, and nearly doubled benchmark throughput to approximately 5,200 transactions per second. The goal for the second half of 2026 is to double mainnet throughput again, targeting a tenfold improvement across BNB Chain. Beyond the current stack, BNB Chain is developing a next-generation L1 architecture to support different use cases. The testnet is expected by the end of 2026, with mainnet release in early 2027.