BNB Token Burn 36 Destroys 1.6 Million BNB

Binance has just completed its 36th quarterly token burn on the BNB Smart Chain network. No fewer than 1.62 million BNB tokens have been removed from circulation, valued at approximately $932 million /price/binancecoin/. This marks yet another occasion on which the company has destroyed massive quantities of its native token, a strategy aimed at reducing the total supply.

BNB is available at OKX and Bybit.

The numbers are gradually declining

Looking at the history of the burns, it is striking that the number of tokens destroyed per quarter is gradually decreasing. Where Binance burned around 2.14 million BNB in January and October 2023, this figure has now dropped to about 1.62 million per quarter. This pattern makes sense, because as more tokens are destroyed, the available supply also falls.

Although fewer tokens are being physically destroyed, the dollar value of each burn remains quite high. This is due to the significant increase in BNB’s price. A perfect illustration of this is the 34th burn from January 2026, in which only 1.37 million BNB were destroyed. Yet the value of that burn amounted to approximately $1.28 billion, the highest amount of any recent burn.

Almost a third of the supply removed

Up to and including the 36th burn, Binance has removed a total of 66.8 million BNB from the system. This represents more than 33% of the total supply. The cumulative value of all destroyed tokens now stands at approximately $18.65 billion, a colossal amount that shows how valuable this deflationary mechanism has been.

This method of destroying tokens helps Binance support the long-term value of BNB. By reducing the available supply, the price can theoretically rise more easily when demand increases. It is a strategy used by many crypto companies to make their tokens more attractive to investors who believe in scarcity and value creation.