BNB Chain Burns 1.6M Tokens Worth $932M in 36th Quarterly Event
2026-07-15 19:13

Woofun AI reports that BNB Chain has finalized its 36th quarterly token destruction event, marking the third such occurrence in 2026. The operation eliminated 1,615,827.795 BNB, equivalent to approximately $932 million at the time of execution. This reduction was carried out via the BNB Auto-Burn mechanism, which functions independently of Binance and aims to decrease the total circulating supply from the current 133.17 million to a target of 100 million.

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Tags:
BNB
BNB Chain
BNB Foundation
BNB Auto-Burn
Binance
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