Nobody announces a block reward, which is why the issuing half of supply goes unread — and on most tokens it is the larger half.
Five ways a supply grows: a schedule, a formula, a vote, a contract role, a rebase. Only the first is fixed in advance.
netsupply.org/blog/where-new…
$LUNC burn is a tax on transactions, so it counts traffic.
Last 24 hours: 1,260 taxed transactions, 120,484,919 LUNC, $6,303.
Median day of the previous fortnight: 1,042.
Whatever the Binance suspension turns out to be, the chain has not slowed.
netsupply.org/tokens/terra-c…
51% of $UNI's burn events land in one hour: 08:00 UTC. 726 events, 15 Jun–7 Sep, q < 0.0001.
110.5M UNI reached the dead address this year. 100M came from the treasury timelock by governance vote — tokens never in the market.
Float moved −1.03%.
netsupply.org/tokens/uniswap
We tested 89,946 $LUNC burns, the twelve weeks to 1 September.
Weekends do run quieter: 11% fewer burns a day. Thursday busiest, Saturday slowest. p = 5×10⁻⁵⁵.
Our own gate refuses to publish it — the effect is too small to tell anyone about.
netsupply.org/t/lunc
$LUNC’s on-chain tax went from 0.5% to 1.5% on 2 August. 1.2 points of it burn.
The 35 days before: 2.12B LUNC destroyed.
The 35 days after: 2.94B.
Up 39%, not 200%. Volume is the other half of that product, and we don’t measure it.
netsupply.org/tokens/terra-c…
Nobody has ever taken tokens back out of a burn address. Supplies come back anyway — by a vote, by an issuer, or by design.
Recovering coins and restoring a count are different operations, and only one of them has ever happened.
netsupply.org/blog/can-burne…
$BNB's three quarterly burns of 2026: 1.37M (Jan), 1.57M (Apr), 1.62M (Jul).
Over 12 months that is $3.83B at burn-date prices, annualised from our daily readings — and 4.9% of the float.
The largest burn in crypto by dollars. Not by share.
netsupply.org/tokens/bnb-cha…
6.6 billion $SHIB burned in the last 12 months. 2,269 transactions, every hash on the page.
Float: 589 trillion.
6.6B ÷ 589T = 0.0011%. Our page rounds it to 0.00%. A burn is real when there is a hash. It is a supply event when the denominator notices.
netsupply.org/tokens/shiba-i…
🔥 Top burners — 3 Sep 2026
🥇 $UNI — $701.6K (120.0K UNI)
🥈 $PUMP — $668.4K (163.73M PUMP)
🥉 $HYPE — $218.7K (2.6K HYPE)
Tracked programmes destroyed $1.74M across 1147 on-chain events on 3 Sep 2026.
netsupply.org/net-supply
$XRP destroyed $346,349 worth of tokens over the last 12 months.
Over the same 12 months, $6.67bn left escrow.
Both numbers are on-chain and public. The burn is real — and roughly 19,000 times smaller than what was released against it.
$LUNC is one of the few that survives the subtraction:
total supply −0.6%,
float −0.1% over 12 months.
Measured, day by day — not projected.
Every figure lands here first: t.me/netsupply
🔥 Top burners — 30 Aug 2026
🥇 $PUMP — $979.9K (193.82M PUMP)
🥈 UNI — $309.0K (66.0K UNI)
🥉 LEO — $63.1K (6.5K LEO)
$1.48M destroyed across 1258 on-chain events on 30 Aug 2026.
📊 netsupply.org/net-supply
🔥 Top burners — 29 Aug 2026
🥇 $PUMP — $1.03M (223.48M PUMP)
🥈 UNI — $257.4K (58.0K UNI)
🥉 HYPE — $157.7K (1.9K HYPE)
$1.68M destroyed across 1216 on-chain events on 29 Aug 2026.
📊 netsupply.org/net-supply
The people who can change a token's supply are almost always fewer than the people who own it.
Four cases: a vote that followed its own rules, one decided by two holders, one forged, one rented for a single transaction.
$CRO
netsupply.org/blog/who-can-c…
ethereum:native's total supply grew 0.8% last year. Its circulating supply fell 6.8%.
Not the burn: 6,742,752 ethereum:native went into staking on net, seven times the year's issuance.
We computed it from 53 windows of the chain, not from an aggregator.
netsupply.org/t/eth
🔥 Top burners — 27 Aug 2026
🥇 $PUMP — $1.46M (299.96M PUMP)
🥈 UNI — $569.4K (130.0K UNI)
🥉 HYPE — $289.3K (3.4K HYPE)
$2.68M destroyed across 1567 on-chain events on 27 Aug 2026.
📊 netsupply.org/net-supply
🔥 Top burners — 26 Aug 2026
🥇 $PUMP — $1.15M (254.84M PUMP)
🥈 UNI — $230.5K (54.0K UNI)
🥉 ETH — $59.8K (24 ETH)
$1.51M destroyed across 1415 on-chain events on 26 Aug 2026.
📊 netsupply.org/net-supply
🔥 Top burners — 25 Aug 2026
🥇 $PUMP — $1.16M (244.30M PUMP)
🥈 UNI — $372.3K (86.0K UNI)
🥉 HYPE — $283.1K (3.6K HYPE)
$2.13M destroyed across 461 on-chain events on 25 Aug 2026.
📊 netsupply.org/net-supply
Aster burns from its team allocation, not from the market.
Both burns in the 24 August update are on the chain, and our reading of the dead address lands 183 tokens from Aster's own total. Over 91 days the tradeable supply rose 4.45%.
$ASTER
netsupply.org/blog/aster-bur…
🔥 Top burners — 24 Aug 2026
🥇 $CAKE — $103.37M (59.01M CAKE)
🥈 ASTER — $4.83M (7.16M ASTER)
🥉 PUMP — $1.07M (203.85M PUMP)
$110.06M destroyed across 58 on-chain events on 24 Aug 2026.
📊 netsupply.org/net-supply
