BNB · BNB
The exchange token and gas coin of BNB Chain
No new supply and a quarterly burn make BNB structurally deflationary, and you need it for BNB Chain gas and Binance perks — its weak spot is having no real VC narrative.
How we judge every coin · tap▾
You want coins with the best chance to rise. Three forces decide it: inflation (fewer new coins = less selling pressure), narrative (a strong story pulls buyers in), business model (is the token actually needed, and used). Full method →
BNB · the supply only ever goes down.
BNB is the native asset of BNB Smart Chain — 200M at genesis, ~133.16M left, and no way to mint another one.
Sell pressure. There is none. Validators are paid out of gas fees, so the chain has no block reward, and the founding vesting schedule ran out in 2021.
Buy pressure. Two burns. The quarterly Auto-Burn destroyed 1,615,827 BNB on Jul 15 2026, and the real-time gas burn took another 5,898.
Net. Nothing added, ~1.62M removed — the float shrank 1.22% in 90 days, and the next burn is due around Oct 15 2026.
- 37th quarterly Auto-Burn~1.62M BNBOct 15 2026 · removed from market
The chain pays validators out of gas fees, so there is no block reward and no way to mint a single new BNB.
Founding-team, angel and sale allocations finished releasing in 2021. The schedule is spent, and nothing is left to unlock.
The reserve that funds the quarterly burn held 5,254,188 BNB at the last read, and its only outgoing transfer in 90 days went to the burn address rather than to the market.
No estate or trustee is distributing BNB, and no long-term lock is unwinding into the float.
Nothing is bought back on the open market. Supply comes down by destroying reserve coins outright, which is the quarterly burn row below.
A fixed slice of every block's gas fee is destroyed in real time. Reading the burn address at both ends of the window, that took out 5,898 BNB over 90 days.
There is no treasury programme buying BNB in the market. The reserve already holds coins, so it never needs to buy any.
Validator staking runs as usual, but no new lock-up with a fresh announced quantum opened in the window.
The quarterly burn destroyed 1,615,827 BNB on Jul 15 2026 in a single transfer from the reserve to the burn address. The next one is due around Oct 15 2026, inside the window.
My research. My portfolio. Free.
Deep research weekly. My real holdings monthly.