LC Insight
Friday, November 13, 2026Read the chain, not the rumors.

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#TokenBurns

Token burns news and analysis from LC Insight: 3 stories, newest first.

Guides

What is a gas fee? How Ethereum fees work, who gets paid and why they spike

A gas fee is what you pay Ethereum to run a transaction: gas used times the base fee plus an optional tip. The base fee is burned, the tip goes to the validator, and the price can climb 12.5% a block when the network gets busy.

Exchanges

BNB just burned $1.2 billion of itself. Why is 100 million still years away?

The 37th quarterly auto-burn destroyed 1,646,196 BNB on October 19, the most coins of any burn this year. Supply is now 131.5 million BNB, still 31.5 million above the long-term target.

Guides

What are exchange tokens? BNB keeps burning, OKB froze its supply at 21M

Exchange tokens are coins tied to a crypto exchange that give holders perks on the platform and pay gas on the exchange's own blockchain. BNB shrinks through quarterly burns toward 100 million; OKB's supply was fixed at 21 million in 2025. Both stay tied to one company.