Deflationary Coins

12,422 coins #9

These coins had a shrinking circulating supply over the last 30 days, oftentimes through coin burning. More

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# Coins Price Market cap 24h
1 Ethereum ETH $ 2,925.08
$ 353.13B
$ 353.13 billion
-2.52%
2 BNB BNB $ 888.29
$ 121.17B
$ 121.17 billion
-0.96%
3 USDC USDC $ 1.00
$ 73.49B
$ 73.49 billion
+0.03%
4 Wrapped BTC WBTC $ 88,795.85
$ 12.20B
$ 12.20 billion
-1.09%
5 Wrapped liquid staked Ether 2.0 wstETH $ 3,583.70
$ 11.44B
$ 11.44 billion
-2.68%
6 USDS USDS $ 0.997
$ 9.47B
$ 9.47 billion
-1.00%
7 Binance-Peg BSC-USD BSC-USD $ 1.00
$ 9.00B
$ 9.00 billion
-0.03%
8 LEO LEO $ 8.90
$ 8.20B
$ 8.20 billion
+0.01%
9 Ethena USDe USDE $ 1.000
$ 6.47B
$ 6.47 billion
-0.05%
10 Hyperliquid HYPE $ 20.95
$ 6.32B
$ 6.32 billion
-4.11%
11 Shiba Inu SHIB $ 0.0₅784
$ 4.62B
$ 4.62 billion
-1.58%
12 Coinbase Wrapped BTC CBBTC $ 88,962.61
$ 3.73B
$ 3.73 billion
-1.20%
13 Toncoin TON $ 1.53
$ 3.73B
$ 3.73 billion
-3.08%
14 PayPal USD PYUSD $ 1.000
$ 3.69B
$ 3.69 billion
-0.01%
15 Bitcoin BEP2 BTCB $ 89,183.74
$ 3.49B
$ 3.49 billion
-1.11%
16 Mantle MNT $ 0.880
$ 2.86B
$ 2.86 billion
-1.08%
17 Bitget Token BGB $ 3.64
$ 2.55B
$ 2.55 billion
-0.47%
18 OKB OKB $ 103.10
$ 2.17B
$ 2.17 billion
-0.69%
19 PEPE PEPE $ 0.0₅497
$ 2.09B
$ 2.09 billion
-3.31%
20 Falcon USD USDF $ 0.997
$ 2.05B
$ 2.05 billion
-0.35%
21 MemeCore M $ 1.62
$ 2.04B
$ 2.04 billion
+1.55%
22 Rocket Pool ETH RETH $ 3,383.07
$ 1.21B
$ 1.21 billion
-2.68%
23 Lombard Staked Bitcoin LBTC $ 89,276.63
$ 944.17M
$ 944.17 million
-0.96%
24 River RIVER $ 40.40
$ 786.74M
$ 786.74 million
-6.75%
25 PancakeSwap CAKE $ 1.93
$ 643.88M
$ 643.88 million
-1.89%
26 Stacks STX $ 0.316
$ 572.83M
$ 572.83 million
-2.90%
27 Artificial Superintelligence Alliance FET $ 0.235
$ 545.24M
$ 545.24 million
-3.23%
28 EverValue Coin EVA $ 34.24
$ 529.62M
$ 529.62 million
-2.31%
29 tBTC v2 TBTC $ 88,896.15
$ 525.58M
$ 525.58 million
-1.22%
30 First Digital USD FDUSD $ 0.999
$ 503.24M
$ 503.24 million
-0.04%
31 Injective Protocol INJ $ 4.57
$ 457.28M
$ 457.28 million
-1.85%
32 DoubleZero 2Z $ 0.130
$ 450.03M
$ 450.03 million
+2.50%
33 Lido DAO Token LDO $ 0.522
$ 441.64M
$ 441.64 million
-2.29%
34 Marinade staked SOL MSOL $ 172.18
$ 435.73M
$ 435.73 million
-2.16%
35 JUST JST $ 0.0445
$ 392.70M
$ 392.70 million
+3.29%
36 Pippin PIPPIN $ 0.391
$ 390.67M
$ 390.67 million
-5.48%
37 SPX6900 SPX $ 0.414
$ 385.90M
$ 385.90 million
-7.98%
38 Syrup Token SYRUP $ 0.321
$ 369.57M
$ 369.57 million
-9.93%
39 Bitcoin Avalanche Bridged BTC.b $ 90,147.43
$ 346.75M
$ 346.75 million
-0.45%
40 Stable STABLE $ 0.0190
$ 335.19M
$ 335.19 million
+5.28%
41 dogwifhat WIF $ 0.335
$ 334.40M
$ 334.40 million
-1.67%
42 Pyth Network PYTH $ 0.0577
$ 331.89M
$ 331.89 million
-1.00%
43 Fartcoin FARTCOIN $ 0.304
$ 303.98M
$ 303.98 million
-0.80%
44 Zebec Network ZBCN $ 0.00292
$ 282.91M
$ 282.91 million
-1.58%
45 Basic Attention Token BAT $ 0.184
$ 275.53M
$ 275.53 million
-5.12%
46 Legacy Frax Dollar FRAX $ 0.992
$ 273.71M
$ 273.71 million
-0.50%
47 Kite KITE $ 0.115
$ 243.61M
$ 243.61 million
+0.87%
48 Plasma XPL $ 0.124
$ 223.76M
$ 223.76 million
-2.80%
49 UltimaEcosystem ULTIMA $ 5,941.55
$ 222.26M
$ 222.26 million
-0.15%
50 SwissBorg BORG $ 0.219
$ 214.32M
$ 214.32 million
-6.39%
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Trending Deflationary Coins

Top gainers

Coins Price Market cap 24h
Enso ENSO $ 0.863
$ 17.67M
$ 17.67 million
+44.54%
INFINIT IN $ 0.0839
$ 24.25M
$ 24.25 million
+43.33%
snowball SNOWBALL $ 0.00157
$ 1.53M
$ 1.53 million
+18.72%
Bondex Token BDXN $ 0.0186
$ 10.45M
$ 10.45 million
+12.83%
nubcat NUB $ 0.00704
$ 7.04M
$ 7.04 million
+11.68%
All gainers

What Are Deflationary Tokens?

Deflationary tokens are cryptocurrencies engineered to shrink circulating supply over time. Through burns, buy-backs, or ever-slower issuance, they aim to create scarcity that—if demand holds or grows—may push unit prices higher. The mechanism is transparent and on-chain, but never a guarantee of value; utility and market interest still rule.

Quick Facts

  • Core idea: Net-reduction in tokens (or in issuance rate) → potential supply/demand asymmetry.
  • Burn mechanics:
    • Protocol burns – % of every tx auto-destroyed (e.g., 1% of each transfer).
    • Buy-back & burn – team/DAO uses revenue to market-buy tokens and send to 0x…dEaD.
    • Scheduled burns – quarterly events, milestone burns, or halving-like block-reward drops.
    • Utility sinks – tokens spent in-game, for NFT mints, or naming services are permanently removed.
  • Transparency: Burns are viewable on-chain; verify contract code and burn address supply.
  • ≠ price up only: A 50% supply drop with 90% demand loss still nets lower market cap.

Deflationary Patterns You’ll Meet

  1. Capped-supply + falling issuance – Bitcoin-style halvings (dis-inflationary until 21M).
  2. Tx-tax burn tokens – Safemoon, EverReflect, etc.; tax 1–2% on every transfer, split between burn and holders.
  3. Revenue burners – Binance uses ~20% of quarterly profit to buy & burn BNB until 100M left.
  4. Sink economies – AXS breeding fees, STEP’N shoe-minting, ENS registration costs—tokens vanish as users consume services.

Live Examples (verify latest burns yourself)

  • BNB – Auto-burn formula + quarterly profit burns; target 100M left.
  • Ethereum (post-1559) – Base fee burned every block; net supply can deflate when usage is high.
  • Shiba Inu – Team burns portions of treasury and NFT mint proceeds; community runs “burn playlists.”
  • Fantom (FTM) – Governance voted to burn 10% of block rewards; plus on-chain fees burned.
  • KCS (KuCoin Token) – Daily buy-back & burn from exchange revenue.

Benefits

  • Scarcity narrative – easy for retail to grasp “number go down, price go up.”
  • Holder alignment – fee-funded burns tie network activity to token value capture.
  • Auditable – burn addresses and tx taxes are visible on-chain; no black-box repurchases.
  • Marketing spice – deflationary pitch attracts early liquidity and social media buzz.

Risks & Side Effects

  • Liquidity shrink – excessive burns can thin order-books and increase volatility.
  • Hoarding incentive – users delay spending if they expect tomorrow’s token to be scarcer (bad for utility coins).
  • Perverse taxes – high transfer taxes discourage arbitrage and CEX listings.
  • Fundamental mask – teams may hype burns to hide lack of product-market fit.
  • Centralised burns – admin-key burns or undisclosed buy-backs can be paused or reversed.

Due-Diligence Checklist

  1. Read tokenomics paper – is burn % fixed or governance mutable?
  2. Inspect burn address on explorer – confirm supply is really destroyed.
  3. Check burn size vs float – 0.01% monthly is cosmetic; 2%+ can matter.
  4. Revenue source – protocol revenue burns are stronger than inflationary mint→burn loops.
  5. Audit & code – ensure burn logic can’t be disabled or upgraded maliciously.
  6. Demand side – burns help only if users, fees, or real sinks exist.

Final Thoughts

Deflationary design is a scalpel, not a magic wand. When tied to genuine usage (fees, sinks, revenue) it can tighten supply and reward long-term holders. When used as a marketing gimmick—tiny burns, endless mint, or opaque buy-backs—it adds noise without value. Treat every “burn” headline with scepticism: verify on-chain evidence, weigh demand drivers, and never let smoke substitute for substance.

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