Burn Tokens
Permanently reduce the supply of your tokens by burning them from circulation on the Solana blockchain.
Burn Tokens
Select the token and amount you wish to burn to reduce the overall supply and manage your project's economy
Summary
Amount to burn:
1
Network:
Main Network
Service Fee:
0.05 SOL
How it works
- Connect your Solana wallet
- Choose the token you want to burn from your wallet's list of assets
- Input the number of tokens you want to burn. You can choose to burn a portion or all of the tokens in your possession
- Review the amount to be burned and confirm the transaction via your connected wallet
FAQs
Answer to your question
Got questions? We’ve got answers. Here are some of the most common queries to help you use this tool
Burning tokens means permanently removing a specific number of tokens from circulation. Once tokens are burned, they can no longer be transferred, traded, or used, reducing the total supply of the token.
Burning tokens can help control the supply of a token, often increasing scarcity and potentially increasing its value. It’s also useful for projects to manage inflation, correct token supply errors, or demonstrate a commitment to reducing circulating tokens.
Burning tokens reduces the overall supply, which could influence the value of the remaining tokens. While it doesn’t directly affect token holders, the reduction in supply can lead to scarcity, potentially impacting market dynamics.
No, once tokens are burned, the process is irreversible. The tokens are permanently removed from circulation and cannot be recovered, so ensure you’re certain before proceeding.
Note: If you still hold the Mint Authority for the token, you can mint additional tokens in the future to increase the supply again. However, the specific burned tokens cannot be recovered.
No, you can choose the exact amount of tokens you wish to burn. Whether you want to burn a small portion or all of your tokens, the decision is entirely up to you. You can also use decimal points to burn a smaller amount of tokens (e.g. 10.5555) if your token has decimals.
Still have Questions?
If you couldn’t find the answer you were looking for, feel free to reach out. We're here to help—just send us a message, and we’ll get back to you as soon as possible.