Binance Removes 2.14 Million BNB in $1.32 Billion Quarterly Burn, Accelerating Token Deflation

Binance permanently removed 2.14 million BNB from circulation in its 35th quarterly burn, destroying $1.32 billion in value at the time of the event. Conducted on April 15, 2026, the burn was carried out using the Auto-Burn mechanism, which calculates the amount of BNB to destroy based on the token’s price and the number of blocks generated on the BNB Smart Chain during the quarter. The burn included 4,500 BNB from the Pioneer Burn Program, which accounts for tokens lost by users and redirects them toward the quarterly deflationary total. Since the program began, Binance has burned over 62 million BNB, representing more than 30% of the initial 200 million supply. The burn brings BNB closer to its final circulating cap of 100 million tokens.