Deflationary Coins

12,590 coins #8

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 $ 2,941.10
$ 354.96B
$ 354.96 billion
+2.54%
2 Tether USD USDT $ 1.000
$ 186.49B
$ 186.49 billion
-0.00%
3 BNB BNB $ 885.14
$ 120.67B
$ 120.67 billion
+1.43%
4 USDC USDC $ 1.00
$ 72.07B
$ 72.07 billion
-0.06%
5 Wrapped BTC WBTC $ 88,301.40
$ 12.13B
$ 12.13 billion
+0.90%
6 Wrapped liquid staked Ether 2.0 wstETH $ 3,598.58
$ 11.49B
$ 11.49 billion
+2.54%
7 USDS USDS $ 0.993
$ 9.24B
$ 9.24 billion
-0.16%
8 Hyperliquid HYPE $ 26.95
$ 8.13B
$ 8.13 billion
+21.69%
9 Shiba Inu SHIB $ 0.0₅772
$ 4.55B
$ 4.55 billion
+0.51%
10 Coinbase Wrapped BTC CBBTC $ 88,494.61
$ 3.71B
$ 3.71 billion
+0.89%
11 Toncoin TON $ 1.51
$ 3.69B
$ 3.69 billion
-0.64%
12 Mantle MNT $ 0.874
$ 2.84B
$ 2.84 billion
+2.03%
13 Bitget Token BGB $ 3.60
$ 2.52B
$ 2.52 billion
+0.42%
14 OKB OKB $ 104.06
$ 2.18B
$ 2.18 billion
+1.44%
15 PEPE PEPE $ 0.0₅506
$ 2.13B
$ 2.13 billion
+4.50%
16 Falcon USD USDF $ 0.996
$ 2.05B
$ 2.05 billion
-0.47%
17 MemeCore M $ 1.57
$ 1.98B
$ 1.98 billion
-3.23%
18 River RIVER $ 72.06
$ 1.42B
$ 1.42 billion
-6.43%
19 Lombard Staked Bitcoin LBTC $ 89,000.65
$ 941.25M
$ 941.25 million
+1.02%
20 PancakeSwap CAKE $ 1.90
$ 632.93M
$ 632.93 million
+1.17%
21 Stacks STX $ 0.300
$ 543.81M
$ 543.81 million
+2.04%
22 EverValue Coin EVA $ 34.86
$ 539.15M
$ 539.15 million
+0.89%
23 tBTC v2 TBTC $ 88,451.61
$ 523.00M
$ 523.00 million
+0.91%
24 Artificial Superintelligence Alliance FET $ 0.222
$ 514.39M
$ 514.39 million
-0.39%
25 First Digital USD FDUSD $ 0.999
$ 504.05M
$ 504.05 million
+0.04%
26 Gho Token GHO $ 0.990
$ 490.39M
$ 490.39 million
-0.41%
27 Injective Protocol INJ $ 4.45
$ 444.92M
$ 444.92 million
+1.39%
28 Lido DAO Token LDO $ 0.516
$ 436.63M
$ 436.63 million
+1.13%
29 Marinade staked SOL MSOL $ 168.24
$ 425.77M
$ 425.77 million
+1.48%
30 DoubleZero 2Z $ 0.119
$ 413.20M
$ 413.20 million
-1.74%
31 JUST JST $ 0.0463
$ 407.94M
$ 407.94 million
+2.31%
32 Syrup Token SYRUP $ 0.337
$ 387.66M
$ 387.66 million
+4.26%
33 Stable STABLE $ 0.0212
$ 372.81M
$ 372.81 million
+5.49%
34 SPX6900 SPX $ 0.382
$ 355.33M
$ 355.33 million
+3.48%
35 Pyth Network PYTH $ 0.0582
$ 334.89M
$ 334.89 million
+0.63%
36 dogwifhat WIF $ 0.326
$ 325.87M
$ 325.87 million
+0.32%
37 Pippin PIPPIN $ 0.311
$ 311.43M
$ 311.43 million
-0.31%
38 Fartcoin FARTCOIN $ 0.292
$ 292.53M
$ 292.53 million
+1.88%
39 Legacy Frax Dollar FRAX $ 0.993
$ 274.22M
$ 274.22 million
+0.03%
40 Zebec Network ZBCN $ 0.00276
$ 267.17M
$ 267.17 million
-2.84%
41 Basic Attention Token BAT $ 0.173
$ 258.70M
$ 258.70 million
+1.17%
42 Kite KITE $ 0.119
$ 252.11M
$ 252.11 million
+1.94%
43 Undeads Games UDS $ 2.34
$ 232.15M
$ 232.15 million
-2.50%
44 Plasma XPL $ 0.128
$ 230.76M
$ 230.76 million
+7.48%
45 Falcon Finance FF $ 0.0912
$ 212.00M
$ 212.00 million
+1.34%
46 UltimaEcosystem ULTIMA $ 5,641.08
$ 211.13M
$ 211.13 million
-1.20%
47 Terra Classic LUNC $ 0.0000377
$ 206.06M
$ 206.06 million
+1.06%
48 THORChain RUNE $ 0.566
$ 198.67M
$ 198.67 million
+1.20%
49 Wrapped AVAX WAVAX $ 11.85
$ 196.01M
$ 196.01 million
+1.93%
50 1inch Token 1INCH $ 0.140
$ 195.66M
$ 195.66 million
+0.85%
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Trending Deflationary Coins

Top gainers

Coins Price Market cap 24h
The White Whale WHITEWHALE $ 0.0733
$ 38.51M
$ 38.51 million
+60.35%
GameStop GME $ 0.000879
$ 6.05M
$ 6.05 million
+49.35%
GME MASCOT BUCK $ 0.000722
$ 721,942
$ 721,942
+31.18%
PURR PURR $ 0.0680
$ 39.83M
$ 39.83 million
+29.27%
EGL1 EGL1 $ 0.0419
$ 41.78M
$ 41.78 million
+24.27%
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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