BNB Chain Completes 37th Quarterly Burn, Removing 1.65M Tokens
BNB Chain has removed approximately 1.65 million BNB from circulation in its latest quarterly Auto-Burn.
BNB Chain has removed approximately 1.65 million BNB from circulation in its latest quarterly Auto-Burn. BNB (BNB) is trading at ₹69,155 ($726.53), down 0.2% since this brief published. This is an original Token Times brief synthesising 2 outlets (Blockonomi, The Cryptonomist), plus live market data, as of Mon, 19 Oct 2026 14:00:02 UTC.
The burn reduces BNB's total supply, potentially increasing scarcity and supporting token value. The Auto-Burn mechanism's transparency and auditable nature add credibility to the process.
- 1.65M BNB ($1.197B) removed in 37th quarterly burn
- BNB's circulating supply now closer to 100M target
- Auto-Burn formula uses BSC block production and BNB price
- Market cap impact: $95.76B, BNB price at $728.13
Blockonomi and The Cryptonomist both report that BNB Chain completed its 37th quarterly Auto-Burn, removing 1,646,196.44 BNB worth approximately $1.197 billion. They agree on the burn amount, value, and the mechanism's adherence to the formula based on BNB price and BSC block production. However, The Cryptonomist emphasizes the long-term supply reduction target to 100 million tokens, a detail not highlighted by Blockonomi.
BNB Chain has completed its 37th quarterly Auto-Burn, removing 1,646,196.44 BNB from circulation. This burn is part of a process designed to reduce the total supply of BNB tokens over time.
The burned tokens were worth approximately $1.197 billion at the time of the burn and were sent to the 0x…dEaD blackhole address. The Auto-Burn formula, which is independently auditable, uses BNB's price and Binance Smart Chain (BSC) block production to determine the burn amount.
Blockonomi and The Cryptonomist corroborate the burn amount and value, with both outlets reporting the removal of 1.646 million BNB. The Cryptonomist adds that the burn is part of a broader strategy to reduce BNB's total supply to 100 million tokens.
The Lorentz and Maxwell Upgrades, which aim to speed up BSC block production, may influence future burn calculations. This burn follows previous quarterly burns, continuing the network's commitment to reducing supply.
In the current market context, with the total crypto market cap at $2.82 trillion and 
Bitcoin up 0.88% in the last 24 hours, BNB is trading at $728.13, showing a 0.84% increase in the same period. The token's market cap stands at $95.76 billion.
Since this brief published about 2 hours ago, BNB (BNB) has moved from ₹69,306.99$728.13 to ₹69,154.70$726.53 — -0.22%.
The chart plots BNB's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BNB ≈ ₹75,740.75 (about $726.53), up 1.2% over 24 hours. The rupee itself trades about 9.5% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
BNB Chain Completes 37th Quarterly Burn, Removing 1.65M Toke — questions & answers
What is the purpose of the BNB Auto-Burn?
The Auto-Burn aims to reduce BNB's total supply over time, potentially increasing scarcity and supporting token value.
How is the burn amount determined?
The Auto-Burn formula uses BNB's price and Binance Smart Chain block production to calculate the burn amount.
What is the long-term goal of the burn process?
The long-term goal is to reduce BNB's total supply to 100 million tokens.
How much is 1 BNB worth in rupee today?
About ₹75,740.75 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $726.53. The rupee price moves with both BNB's US-dollar price and the USDT/INR rate; use our BNB in rupee page for any amount.
Has BNB's price moved since this brief was published?
BNB is down 0.22% since this brief first published — trading at ₹69,155 ($726.53) now versus ₹69,307 ($728.13) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Blockonomi, The Cryptonomist, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.