BNB (BNB) Price
BNB
BNB
$840.601
$840.601 (Infinity%)
LIVE
Volume (24H)
$25.22
Circulating Supply
137.7M
Market Cap
$115.8B
About BNB (BNB)
About BNB (BNB)
The BNB token functions as the gas and governance asset of the BNB Chain ecosystem. It is used to pay transaction fees, participate in onchain governance, and is involved in certain protocol-related, validator, and delegation mechanisms associated with network operation.. BNB also employs an automatic supply reduction mechanism, combining real-time fee burning with a quarterly auto-burn program intended to gradually reduce the total supply toward a target of 100 million BNB.
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About BNB (BNB)
About BNB (BNB)
The BNB token functions as the gas and governance asset of the BNB Chain ecosystem. It is used to pay transaction fees, participate in onchain governance, and is involved in certain protocol-related, validator, and delegation mechanisms associated with network operation.. BNB also employs an automatic supply reduction mechanism, combining real-time fee burning with a quarterly auto-burn program intended to gradually reduce the total supply toward a target of 100 million BNB.
BNB Cryptopedia articles
BNB Cryptopedia articles
Frequently asked questions
Frequently asked questions
What is BNB (BNB)?
BNB is the native token of the BNB Chain ecosystem, used to power transactions, staking, and governance on BNB Smart Chain and related networks.
What is BNB used for?
BNB is used to pay transaction fees, stake to support network security, and participate in onchain governance. It is also widely used across decentralized applications built on BNB Chain.
What is BNB smart chain?
BNB Smart Chain (BSC) is an EVM-compatible Layer 1 blockchain within the BNB Chain ecosystem. It supports smart contracts and decentralized applications with low fees and fast transaction times.
How does BNB's token supply work?
BNB has a maximum supply of 200 million tokens and uses an automatic burn mechanism that includes real-time fee burning and quarterly auto-burns. The goal is to reduce total supply to 100 million BNB over time.
Is BNB an exchange token?
BNB originated as an exchange-related token but has evolved into a network-native asset used broadly across the BNB Chain ecosystem for gas, staking, and governance.
What networks support BNB?
BNB is native to the BNB Chain ecosystem, including BNB Smart Chain, opBNB, and other related infrastructure components.