The 37th quarterly BNB burn has destroyed 1,646,196.44 BNB, worth about $1.197 billion at burn time according to BNB Chain. The announcement on the BNB Chain blog, dated Monday 19 October 2026 with figures as of 10:05 UTC, puts the remaining total supply at 131,512,085 BNB. That leaves 31,512,085 BNB to go before the supply reaches the 100 million target set for the token.
Measured in tokens, this is the largest of the last five quarterly burns. It also moved the dollar figure back above $1 billion after July’s burn came in at $931.7 million.
The tokens went to the address 0x000000000000000000000000000000000000dEaD, which nobody controls, in a single transaction on BNB Smart Chain linked from the blog post. Some early coverage rounded the value to “about $1 billion”. The figure BNB Chain itself gives is $1,197,344,519.40, and it is a valuation of the destroyed coins at the price around the time of the burn. Nobody paid that sum: it is the market value of tokens that no longer exist.
The 37th BNB burn in figures: 1.65 million BNB and $1.197 billion
The amount burned, its dollar value and the supply left afterwards come straight from the BNB Chain post. Everything else in this section is our own arithmetic on those figures.
Dividing $1,197,344,519.40 by 1,646,196.44 BNB gives an implied price of roughly $727 per BNB. BNB Chain does not publish a reference price in the post, so treat that $727 as a back-of-the-envelope figure, not an official one. For comparison, BNB traded at $724.1 at 10:36 UTC on 19 October, according to the market feed Coindaro uses, almost flat (+0.16%) over 24 hours.
Against July, the burn grew in both units. In BNB it is about 1.9% larger than the 36th burn (1,646,196 against 1,615,828). In dollars it is about 28.5% larger ($1.197 billion against $0.932 billion), because the implied price rose from about $577 to about $727 between the two dates.
Relative to what was left, 1.65 million BNB is about 1.24% of the 133.17 million supply reported after the July burn.
BNB burn history: five quarters of official figures
The table below takes each row from the matching post on the BNB Chain blog (33rd, 34th, 35th, 36th and 37th burns), which we reopened on 19 October. The implied price column is our own division of the dollar value by the BNB burned, rounded, and only as precise as the rounded dollar figures BNB Chain gives for the older burns.
| Burn | Date | BNB burned | Value at burn time (BNB Chain) | Supply left after the burn | Implied price (our calc) |
|---|---|---|---|---|---|
| 33rd | 27 Oct 2025 | 1,441,281.413 | ~$1.208B | 137,738,379.26 | ~$838 |
| 34th | 15 Jan 2026 | 1,371,803.77 | ~$1.277B | 136,361,374.34 | ~$931 |
| 35th | 15 Apr 2026 | 1,569,307.34 | ~$1.02B | 134,786,916.53 | ~$650 |
| 36th | 15 Jul 2026 | 1,615,827.795 | ~$931.7M | 133,166,127.91 | ~$577 |
| 37th | 19 Oct 2026 | 1,646,196.44 | ~$1.197B | 131,512,085 | ~$727 |
Sources: BNB Chain blog posts for the 33rd, 34th, 35th and 36th burns, and the 37th post linked above. The 34th figure combines 1,371,703.67 BNB from the Auto-Burn and 100.1 BNB from the Pioneer Burn. The 35th supply is given as of 11:55 UTC on 15 April 2026.
Four burns in 2026 (the 34th to the 37th) have now removed 6,203,135.35 BNB, by our addition. Over the same stretch the reported supply fell from 137,738,379.26 to 131,512,085 BNB, a drop of about 6.23 million.
The two totals differ for a reason that shows in every row. Each quarter the supply fell by slightly more than the quarterly burn: about 5,200 BNB more between the 33rd and 34th, about 5,150 between the 34th and 35th, about 4,960 between the 35th and 36th, and about 7,850 between the 36th and 37th. Our reading, and it is only the newsroom’s reading, is that the difference comes from the BEP-95 gas-fee burn described below, which destroys BNB block by block between quarterly events. BNB Chain does not reconcile the two figures in its posts, so this is an inference, not a confirmed breakdown.
BNB burn mechanism: how the Auto-Burn sets the amount
The quarterly burn is not decided by a vote or by a company’s profits. It runs on a formula, called the Auto-Burn, which BNB Chain’s 37th post describes in one sentence: the amount depends on the price of BNB and on the number of blocks BNB Smart Chain (BSC) produced during the quarter.
The post adds that the formula’s parameters “have been adjusted to keep the idea and spirit consistent”. The reason, spelled out more fully in the 36th burn post in July, is speed: after the Lorentz, Maxwell and Fermi upgrades, BSC produces blocks more frequently than when the formula was defined (the October post names Lorentz and Maxwell). Left unchanged, a formula that counts blocks would burn more just because blocks come faster. That last step is our reading; BNB Chain says only that the parameters were adjusted.
Neither post publishes the adjusted constants, nor the block count used for this quarter, nor a pre-burn estimate for the 37th. Third-party sites and exchange blogs print several versions of the equation, and they do not agree with each other. We are not reproducing any of them here, because none of them is confirmed on BNB Chain’s own pages.
What the table does show is that price matters. The two smallest burns of the five came in the two quarters with the highest implied prices (the 33rd and 34th), and the three larger ones followed after BNB fell. The 37th does not fit: its implied price is higher than July’s, yet more BNB was burned.
Here is one possible factor, and it is our hypothesis, not something BNB Chain has said. The gap since the previous burn was longer this time: 96 days from 15 July to 19 October, against 91 days from 15 April to 15 July. If the block count runs from one burn to the next rather than over the calendar quarter, which BNB Chain does not specify, more blocks would have fed the formula. Without the block count or the new constants, nobody outside BNB Chain can test it.
The other burn: BEP-95 and gas fees
Separately from the quarterly event, BSC burns part of the gas fees paid in every block, under a rule known as BEP-95. The 37th post says the share burned is set through validator governance. The July post put the total burned this way at roughly 291,000 BNB since BEP-95 started. The October post gives no updated total.
A third, much smaller stream is the Pioneer Burn Program, which, as the April post describes it, helps users recover BNB and pegged tokens lost through honest mistakes by covering those losses through the quarterly burn. It added 100.1 BNB to the January burn. No Pioneer figure appears in the October post.
Why the burn now happens directly on BNB Smart Chain
Older BNB burns ran through BNB Beacon Chain, the separate chain that used to host BNB’s BEP-2 version. That chain was retired under the BNB Chain Fusion plan, which folded everything onto BSC. Since then, both the 36th and 37th posts say, the quarterly burn happens on BSC itself, by sending tokens to the dead address. Anyone can look up the transaction on a block explorer.
The burn also has a longer history than the Auto-Burn. The first quarterly burn, in October 2017, destroyed 986,000 BNB, and Binance funded those early burns from its profits. The formula-based Auto-Burn replaced that method in December 2021, according to a Cointelegraph explainer on the BNB Auto-Burn published in July 2022, which also gives 200 million as BNB’s original supply. For a broader look at the coin itself, see our BNB coin page.
31.5 million BNB to go: the road to 100 million
With 131,512,085 BNB left, the program still has 31,512,085 BNB to burn before it stops at 100 million. Counting from the 200 million starting supply, about 68.5 million of the planned 100 million reduction is done, by our calculation.
How long the rest takes depends on the formula’s inputs, which change every quarter. As a rough guide only: at the 2026 pace of about 6.2 million BNB a year, 31.5 million would take around five more years. That is an extrapolation, not a forecast, and a different BNB price or a further change to block times would move it.
Supply reduction is one part of how a token is designed to work, alongside issuance, unlocks and who holds what. Our glossary entry on tokenomics explains the terms. For a contrast, TRON shows the opposite case: TRX supply kept growing every day for 108 days even while its network moved trillions in stablecoins.
What the burn changes for BNB holders, and what it does not
A burn reduces the number of BNB in existence. It does not move money into anyone’s account, and holders do not receive anything. Each remaining token is a slightly larger share of a slightly smaller supply, about 1.24% smaller than in July.
The October post calls the Auto-Burn “an independently auditable, objective process” and makes no claim about the price. Nor did the market show a clear reaction by late morning: BNB was up 0.16% over 24 hours and down 3.29% over seven days at 10:36 UTC, according to our market data. At $724.1 it sat about 47% below its record of $1,369.99, set on 13 October 2025.
For people who trade BNB on an exchange, nothing changes in practice: balances, deposits and withdrawals are unaffected. BNB remains the token used to pay gas on BSC. If you hold it on Binance, our Binance review covers the exchange itself.
What we still do not know
Four points are still open.
- The exact block and UTC time of the burn transaction. The blog gives figures as of 10:05 UTC; we could not load BscScan to confirm the block.
- The updated Auto-Burn constants and the block count used for this quarter, which BNB Chain has not published.
- A new cumulative total for BEP-95 gas burns, last given at about 291,000 BNB in July.
- Whether third-party BNB burn trackers such as bnbburn.info, which had not added the 37th burn when the newsroom checked, will show the same figures.
Next BNB burn expected around mid-January 2027
No date has been announced for the 38th burn. The pattern of the last five gives a rough window: 27 October 2025, then 15 January, 15 April and 15 July 2026, and now 19 October. Each burn has landed two to four weeks after a calendar quarter closed, and BNB Chain announces it once it is done. On that pattern the next one would come around mid-January 2027, while BEP-95 keeps burning gas fees in every block until then.