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BNB Chain burns 1.65M BNB tokens worth $1.2B in 37th quarterly auto-burn, reducing supply to 131.5M BNB

Protocol Fundamentals
19 Oct 2026
Blockonomi
View Source
Bullish
BNB Chain burns 1.65M BNB tokens worth $1.2B in 37th quarterly auto-burn, reducing supply to 131.5M BNB

BNB Chain completed its 37th quarterly auto-burn, removing 1,646,196.44 BNB tokens from circulation, valued at approximately $1.197 billion. This burn reduces the total supply to 131,512,085 BNB, moving closer to the long-term goal of 100 million BNB. The burn uses a transparent formula based on BNB's price and BSC block production, recently adjusted due to network upgrades that increased block speed. The burned tokens are sent to a blackhole address, permanently removing them from circulation, supporting BNB's role in powering transactions and governance on the BNB Chain ecosystem.

BNB Chain's recent token burn removed 1,646,196.44 BNB from supply, valued at about $1.197 billion. For readers following the broader cryptocurrency market, 23 of 50 major cryptocurrencies on Pluang rose while 25 fell as of Oct 19, 2026 18:21 WIB. Notable price moves included AXS at Rp18.020 with a 1-day change of -1.83%, AAVE at Rp2.711.732 down 1.75%, and MANA at Rp1.511 down 1.63%.

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