YZi Labs: CZ's Personal BNB Holdings Less Than 1% of Total Supply

On October 29th, YZi Labs disclosed a long article titled "BNB: The Core Engine of the Global Web3 Economy." The article stated that roughly two-thirds of the supply of BNB is held by non-affiliated public holders (on exchanges and in self-custody), while CZ's personal BNB holdings make up less than 1% of the total supply. The Binance BNB treasury holds around 4 to 5% of the circulating supply. Approximately 27% of the circulating supply is held by the BNB Foundation and is locked for programmatic burning (not for sale), which is a transparent on-chain mechanism that gradually strengthens BNB's deflationary design. BNB adopts a programmatic self-balancing mechanism. Its targeted maximum supply is 1 billion tokens, with a total maximum supply of 2.02 billion tokens, and the current circulating supply is approximately 137 million tokens. Managed by two complementary mechanisms - automatic burning and BEP-95, more than 64 million BNB tokens have been permanently burned, accounting for over 31.8% of the historical supply. Based on BNB's price of around $1115 on October 26, 2025, this indicates that approximately $72 billion worth of BNB has been burned. The article also mentioned that CZ recently received clemency and sent a strong positive signal to the market, creating an excellent opportunity for the promotion and application of BNB in North America and globally.