Binance Completes 31st Quarterly $BNB Token Burn, Removing $916M Worth of Tokens

Finance

Binance Completes 31st Quarterly $BNB Token Burn, Removing $916M Worth of Tokens

The 31st quarterly token burn for $BNB, the native cryptocurrency of the Binance platform, has recently been completed by Binance.

A striking 1,579,207 $BNB tokens have been burned in this latest burn, which equals about $916 million at current market prices. Yet again, Binance has proven itself to be very committed to reducing the total supply of $BNB and thereby maintaining the deflationary nature of the token to drive value for its holders.

BNB Chain completed its 31st quarterly BNB token burn 10 minutes ago, destroying a total of 1,579,207.716 BNB, worth approximately $916 million. BNB uses an automatic burn mechanism aimed at reducing the total supply to 100 million tokens. The number of tokens burned each quarter…

— Wu Blockchain (@WuBlockchain) April 16, 2025

Burning tokens represents part of Binance‘s strategic approach to the supply of $BNB, an effort that has been in place since the token’s inception. Each quarter, Binance chooses a set number of tokens that it will burn. This number is determined based on a formula that accounts for the price of $BNB and how many blocks were produced on the Binance Smart Chain (BSC) during that time period. What is the plan for future burns？ Binance has stated that it will burn up to half of the total supply—that is, around 100 million $BNB.

Ongoing Commitment to Deflationary Supply

Binances quarterly token burns are part of a larger undertaking to ensure that increasingly fewer $BNB tokens exist, thus making the remaining tokens more valuable. The exchange has committed to burning tokens until a total of approximately 100 million $BNB tokens are rendered inoperative. This destruction process for $BNB tokens was set in place when they were first introduced and has since become an important part of the value proposition for $BNB.

The last burn of more than 1.5 million $BNB takes the total number of tokens burned to a very substantial level, underpinning the long-term deflationary design of $BNB. Since Binance ties the market price of $BNB so closely to the size of each quarterly burn, the crypto exchange is effectively working to establish a cycle where supply reduction translates into an upward price push as demand increases.

Although the burn is the main way to reduce the circulating supply, it is essential to understand that this number does not account for the tokens burned under Binance‘s Pioneer Burn Program. That is a different kind of burn with a different goal. The tokens reduced by this program, which are supposed to be consumed in a way that doesn’t affect the DeFi tokenomics at play, are also counted separately and contribute additionally to the already reduced circulating supply.

BNB Burn Process: How It Works

Figuring out how much $BNB gets burned every three months is not done randomly. Two key numbers are used to make the calculation: the price of $BNB and the number of blocks produced on the Binance Smart Chain (BSC) during the prior three months. Together, these metrics make up a balanced, sensible, and transparent way to arrive at the burn amount, which in no way takes a chance.

Connecting the burn to BNBs price makes sense. As BNB grows in price, Binance burns a smaller number of tokens, as what is burned has to be equivalent to a certain amount in USD. Conversely, in a period of low prices, more tokens are burned. Presumably, this is still maintaining the equivalent value in terms of USD. This strategy ensures that the number of BNB tokens burned is somewhat relatively constant; if they were not burned at this rate, the whole idea of maintaining a deflationary currency would be moot.

The $BNB community usually looks forward to the quarterly burns. They are commonly perceived as events during which Binance almost certainly is going to announce something positive about the projects progress. From a trading perspective, he said, these announcements are almost always good for the price because they underscore the long-term scarcity of the token. Burns are seen as a way for Binance to not only regulate the market cap of $BNB, but also to keep the price growing. Again, this is more of a trading narrative than it is a tokenomics narrative.

Looking Forward: $BNBs Long-Term Deflationary Trajectory

The 31st quarterly burn underscores Binances commitment to reducing the supply of $BNB, but it also calls attention to the growing importance of this model in a broader cryptocurrency ecosystem. When it comes to impact, the quarterly burn might be the most important event for the $BNB token. In the market, it could very well be that the quarterly burn strengthens the position of $BNB because its part of a narrative of $BNB being a deflationary token. And Binance sends a clear message when it comes to this element of the tokenomics: “$BNB is built for sustainability and long-term growth.”

For investors and holders of $BNB, this burn serves as yet another reminder of the deflationary force at work. As Binance goes on burning tokens each quarter—tokenuities that come with each quarterly report, if you will—that burning and the overall reduction in supply could push $BNB higher as undervalued assets tend to do.

In the future, Binance intends to keep carrying out this burning process, and with each burn that occurs on a quarterly basis, the potential for a big effect on $BNB‘s market value magnifies. By whittling the number of tokens in circulation down to the bone, Binance hopes to God that whatever’s left is something very few people possess, thereby enhancing $BNBs potential to be one of the most sought-after and scarce tokens.