What is the XRP burn rate?

The XRP burn rate varies based on network activity. Each transaction burns approximately 0.00001 XRP (10 drops) as a fee. During high activity periods, thousands of XRP can be burned daily.

Yes, technically. XRP has a fixed supply of 100 billion with no new tokens ever created. Transaction fees are burned, slowly reducing supply. However, the burn rate is very small relative to total supply.

XRP Burn Rate Tracker - Live XRP Burned Statistics 2026

Q: How much XRP has been burned?

Over 11 million XRP has been permanently burned since the XRP Ledger launched in 2012. This XRP is destroyed through transaction fees and can never be recovered.

Q: Why does XRP burn tokens?

XRP burns transaction fees to prevent spam attacks on the network. By requiring a small fee that is destroyed (not paid to validators), it makes flooding the network with transactions economically unfeasible.

Total XRP Burned
~11.4M
Since 2012

Min Fee Per Transaction

0.00001

XRP (10 drops)

Circulating Supply

57.5B

XRP

% of Supply Burned

0.0114%

Of max 100B

Supply Reduction Progress

XRP started with exactly 100 billion tokens. Through transaction fee burns, the supply slowly decreases over time.

11.4M of 100B burned

At current burn rates, significant supply reduction would take thousands of years. The burn is primarily anti-spam, not deflationary by design.

Why Does XRP Burn Tokens?

Unlike Bitcoin where miners receive fees, XRP transaction fees are permanently destroyed. This serves two purposes: preventing spam attacks (making it costly to flood the network) and creating slight deflationary pressure over the long term.

How XRP Burning Works

1. Transaction Submitted

User sends XRP or interacts with the ledger. Every transaction requires a minimum fee.

2. Fee Calculated

Base fee is 10 drops (0.00001 XRP). Can be higher during congestion to prioritize transactions.

3. Fee Destroyed

The fee is permanently burned - sent to an address that no one controls. It's gone forever.

4. Supply Decreases

Total XRP supply is reduced by the burned amount. This happens with every single transaction.

Burn Rate Context

Daily transactions (average)	~1-2 million
Estimated daily burn	~10-20 XRP
Estimated yearly burn	~5,000-10,000 XRP
Years to burn 1% of supply	~100,000+ years
Total burned since 2012	~11.4 million XRP

Frequently Asked Questions

How much XRP has been burned total?

Approximately 11.4 million XRP has been burned since the XRP Ledger launched in 2012. This represents about 0.0114% of the original 100 billion supply. The burn happens continuously with every transaction.

What is the current XRP burn rate?

The burn rate varies based on network activity. With 1-2 million daily transactions at minimum fees, roughly 10-20 XRP is burned per day. During high activity periods (NFT mints, airdrops), this can spike significantly higher.

Is XRP deflationary?

Technically yes - XRP supply can only decrease, never increase. However, the burn rate is so small relative to total supply that it has negligible price impact. XRP is better described as having a "fixed supply with minor burn" rather than being meaningfully deflationary.

Where do burned XRP fees go?

Burned XRP is sent to a special "black hole" account that no one controls. The address exists but has no secret key, making the XRP permanently inaccessible. It's effectively deleted from existence.

Will XRP burning increase?

Burn rate will increase if network usage grows significantly. More transactions = more fees burned. However, even with 100x current usage, supply reduction would still be minimal on human timescales.