TENDRIL sell-triggered burn drained a BNB Chain liquidity pool
A token-burn-triggered swap moved nearly $4.42 million in USDT from a BNB Chain pool, leaving its TENDRIL side nearly depleted.
A token-burn-triggered swap moved nearly $4.42 million in USDT from a BNB Chain pool, leaving its TENDRIL side nearly depleted. Tether (USDT) is trading at ₹94.06 ($0.9991). This is an original Token Times brief based on reporting by The Cryptonomist, with live market data added, as of Sat, 07 Nov 2026 07:00:01 UTC.
The transaction shows how token-design mechanics can rapidly concentrate liquidity in one side of a BNB Chain pool, increasing the operational and counterparty risks for users and liquidity providers.
- Nearly $4.42 million in USDT left the affected BNB Chain pool
- Net pool outflow was $555,670.54 after prior USDT inflows
- The TENDRIL side of the pool was left nearly empty
- USDT traded at $0.999106 while the broader market remained flat
- BNB Chain Completes $1.197B Auto-Burn as Market Sentiment Remains Neutral
- TENDRIL sell-triggered burn drained a BNB Chain liquidity pool — this brief
According to The Cryptonomist, a sell-triggered TENDRIL token burn on November 4, 2026, nearly emptied the token’s side of a liquidity pool on 
BNB Chain. The associated swap removed almost $4.42 million in USDT, sharply reducing the available liquidity on that side of the pool.
The reported headline figure does not represent the transaction’s entire net effect on pool balances. The Cryptonomist calculated a net outflow of 555,670.538752928908475139 USDT because substantial USDT had entered the pool earlier during the same transaction; this figure was not independently corroborated by another outlet in the supplied coverage.
No second publication was provided to verify the transaction or the reported calculations. The available account nevertheless identifies the mechanism, network, token, date and dollar amounts, while the stark difference between the gross USDT movement and the smaller net outflow highlights the importance of examining the complete transaction flow rather than the swap amount alone.
Live data showed 
Tether at $0.999106, up 0.02% over 24 hours and down 0.01% over seven days, with a $176.87 billion market capitalization. DeFiLlama listed USDT’s circulating supply at $176.78 billion, while BNB stood at $694.02, up 0.37% over 24 hours but down 1.39% over seven days. The total crypto market capitalization was $2.61 trillion, the overall market was flat, and the Fear & Greed Index registered 25, indicating extreme fear. The broader market backdrop was therefore subdued despite the isolated liquidity shock to TENDRIL’s pool.
Since this brief published about 13 hours ago, Tether (USDT) has moved from ₹94.06$0.9991 to ₹94.06$0.9991 — +0.00%.
The chart plots USDT'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 USDT ≈ ₹99.41 (about $0.9991), up 0.0% over 24 hours. The rupee itself trades about 5.7% 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 assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 7, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
TENDRIL sell-triggered burn drained a BNB Chain liquidity po — questions & answers
How much USDT left the TENDRIL pool?
The Cryptonomist reported that the swap removed almost $4.42 million in USDT, while the transaction’s net pool outflow was 555,670.538752928908475139 USDT after earlier inflows.
What caused the liquidity pool shock?
A sell-triggered burn of TENDRIL on November 4, 2026, nearly emptied the token side of a BNB Chain liquidity pool during the reported swap.
Was the USDT market showing unusual weakness?
USDT traded at $0.999106, with a 24-hour gain of 0.02% and a seven-day decline of 0.01%. The broader crypto market was flat.
How much is 1 Tether worth in rupee today?
About ₹99.41 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9991. The rupee price moves with both USDT's US-dollar price and the USDT/INR rate; use our Tether in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Cryptonomist. 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.