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32nd Quarterly BNB Burn: BNB Chain Burns Over 1.5 Million BNB

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by Giorgi Kostiuk

9 months ago


On July 10, 2025, BNB Chain reported the completion of its 32nd quarterly BNB token burn, which saw a significant amount of tokens destroyed.

Official Details of 32nd BNB Burn

According to the official announcement from BNB Chain, a total of over 1,595,599 BNB was burned, valued at approximately $1.024 billion at the time of burn. This total includes the actual burn of over 1,595,470 and BNB burned in the Pioneer Burn of over 129 BNB. The transaction ID for the burn is: 0x6e8b15a99eac623219c6439f95810a6cc8dccd8c15aea648ce17f45f57601065. The transaction fee for the 32nd burn was 0.0000021 BNB, while the gas price was 0.1 Gwei. The estimated value of the next burn, scheduled for Q3 2025, is over 1,596,134 BNB.

BNB Burn Mechanism

In its official announcement, BNB Chain also explained that following the mainnet launch in April 2019, the BNB token transitioned from the Ethereum network to BNB Chain, adopting the 'Build and Build' philosophy. BNB utilizes an **Auto-Burn** system to gradually reduce its total supply to 100 million BNB. The burn amount is adjusted based on the price of BNB and the number of blocks generated on BSC during a quarterly period, ensuring transparency and predictability. The Auto-Burn mechanism is independently auditable.

Future Burns and Auto-Burn

This quarter's burn and the upcoming burn will occur on BSC due to the BNB Chain Fusion, and the corresponding BNB amount will be sent to the blackhole address: 0x000000000000000000000000000000000000dEaD. It is also worth noting that following the Lorentz and Maxwell upgrades, BSC is producing blocks more frequently than when the Auto-Burn system was first defined. The real-time burning mechanism is based on gas fees, and BSC validators determine the ratio of gas fees collected on each block that is burned at a fixed rate. So far, 265,000 BNB have been burned with this mechanism since the introduction of BEP95.

Thus, BNB Chain continues its token burn policy aimed at controlling the supply of BNB and enhancing its value. The next burn is scheduled for 2025.

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