Digital Asset Database Digital asset research & education
BTC$77,361+0.35% ETH$2,392-0.77% USDT$0.9998+0.01% BNB$687.31+1.15% XRP$1.35+0.37% USDC$0.9998+0.01% SOL$99.73+0.34% TRX$0.3246+0.51% FIGR_HELOC$1.01-0.12% HYPE$81.84-0.29% ZEC$816.37-0.68% DOGE$0.0818+0.34% RAIN$0.0167+2.44% USDS$1.0000+0.02% XMR$500.56+0.80% LEO$9.24-1.40% WBT$70.88-0.18% LINK$11.12-0.39% ADA$0.1992+1.95% XLM$0.1747-0.35% BCH$244.50-0.27% DAI$1.0000+0.00% CC$0.1101-2.93% USDE$0.9996+0.01% USD1$0.9994+0.00% LTC$49.85+0.49% GRAM$1.33+1.08% UNI$5.88+2.73% HBAR$0.0740-0.05% USDG$1.00+0.04% AVAX$7.18-0.20% SHIB$0.00000516+0.81%
Menu
Home
Assets All assetsSectorsRankingsHeat mapScreenerCompare assets★ Saved
Fundamentals Fees & revenueValue lockedExchange volumeNetwork activityStablecoinsStaking & yield
Valuation Valuation ratiosSupply & issuanceMetric definitions
Institutional Exchange-traded productsCorporate treasuries
Research Research notesEvents calendarRisk frameworkSecurity incidents
Learn Learn libraryGlossaryCalculatorsMethodologyData sourcesData freshnessAI agentsPublic API
News Ask the data Global market About us
Reading options
Photography CryptoStudio
Guided view

New to markets — prices, yields, market cap? We explain every term as you browse, in plain English. Same data, with the help built in.

Expert view

You already know the market. Just the data — clean, fast and compact, with no extra explanations. This is the default view.

Light or dark
Language
Public API

Every figure on this site is available as JSON, with its period and source attached.

Read the API docs
Definition burnburningburn addresssupply burn

Token Burn

Permanently destroying units of an asset, either by deleting them in the contract or by sending them where nobody can spend them.

Three mechanisms are common. A contract can expose a burn function that reduces total supply directly. Units can be sent to an address with no known private key, which leaves them visible forever but unspendable. A protocol can burn at the base layer, as Ethereum does by destroying the base fee of every transaction under EIP-1559, so usage itself removes supply. Burns are verifiable on-chain, which distinguishes them from most corporate announcements, but the source matters: destroying tokens from a treasury the issuer controls removes units that were never available to anyone else.

In practice

Under EIP-1559 the base fee paid on an Ethereum transaction is destroyed rather than paid to a validator, so ordinary network usage reduces supply.

The common misunderstanding

Burning tokens does not create value by itself; it changes the number of units, and any effect on price depends on demand, which a burn does not change.

01

The figure this maps to

Token Burn Rate

How many tokens are permanently destroyed each day by the protocol's burn mechanisms.

Limits: Burns tied to network congestion, such as the EIP-1559 base fee, scale directly with demand for blockspace, so a quiet month understates the mechanism's capacity and a mint frenzy overstates it, and neither extrapolates to a year. Discretionary buyback-and-burn programs are corporate or governance…

02

Related terms

Buyback A protocol or company using its income to purchase its own token on the market, then either…
Fee Switch A setting in a protocol's contracts that, when turned on, redirects part of the fees users already…
Net Issuance New units created over a period minus units destroyed, showing whether supply actually grew or…
Token Issuance The creation of new units of an asset, either by a blockchain's own rules or by a contract that…
Total Supply Every unit of an asset that exists on-chain right now, including locked units, minus any that have…
03

Lessons that use it

Assets

All assetsSectorsRankingsHeat mapScreenerCompareSaved

Fundamentals

Fees & revenueValue lockedExchange volumeNetwork activityStablecoinsStaking & yield

Valuation & risk

Valuation ratiosSupply & issuanceMetric definitionsRisk frameworkSecurity incidents

Institutional

Exchange-traded productsCorporate treasuriesEventsResearch notesNews

Learn

Learn libraryGlossaryCalculatorsAsk the dataAI agentsPublic API

About

About usContactMethodologyData sourcesEditorial policyData freshness

Legal

DisclaimersTerms of usePrivacy policy