Market and tokenomics

BNB market cap and supply

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How to read the supply: “in circulation” — coins available to the market; “total minted” — current total supply; “maximum supply” — hard cap only where it is defined by the protocol or specified by the data provider.

Market capitalization, supply and reference-market metrics are loaded separately from the trading chart and are informational. The chart above uses broker Bid/Ask and execution through the cTrader Open API; the aggregator reference price below is not an execution quote.

Protocol, supply and burning of BNB

Initial issuance2017Initially the token was issued before the development of its own BNB Chain ecosystem
Asset roleNative token of BNB ChainGas, staking, governance and ecosystem operations
Original proposal200 million BNBSupply is reduced by burn mechanisms
Target supply100 million BNBAuto‑Burn gradually reduces the total supply
BurnAuto‑Burn + Real‑Time BurnQuarterly automatic burning of a portion of BSC fees
HalvingNot providedDeflationary logic is implemented through burns rather than halving the reward.

For BNB, the halving is less important than the rate of supply reduction. Auto‑Burn is designed for a gradual decrease of total supply to 100 million BNB, while a separate mechanism burns a portion of BNB Smart Chain fees in real time.

Official technical foundationBNB Chain: Auto‑Burn mechanism ↗

What is this asset

Asset of the BNB Chain and Binance ecosystem. Network fees, BNB Chain applications, and individual features of the Binance ecosystem.

What influences the price

  • Global liquidity, risk appetite and Bitcoin dynamics.
  • Network usage, fees, developer and user activity.
  • Coin supply, unlocks, staking and large flows.
  • Regulation, listings, security and technical updates.
Main groups of factors influencing the price of a crypto asset
The price reflects not only project news but also overall liquidity, participants' positions, and expectations.

Key risks

Dependence on the ecosystem, regulation, centralization of certain components, and high volatility.

Trading product

cTrader execution and the underlying crypto asset are not the same thing

The chart above uses the instrument supplied by the connected cTrader broker. Depending on the broker, this may be a CFD or another derivative rather than on-chain ownership of the coin. Before trading, check the contract specification, leverage, financing or swap, minimum volume and trading hours.

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