$BNB is the native cryptocurrency of the BNB Chain, a major blockchain ecosystem originally created by Binnace but now widely used by developers and users around the world.
BNB’s main roles include:
Paying transaction fees on the BNB Chain network — this includes regular transfers, smart contract actions, and operations across its connected layers like Smart Chain, opBNB, and Greenfield.
• Staking & governance — users can stake BNB to help secure the network and participate in voting on future upgrades.
• Real utility across DeFi, NFTs & payments — BNB fuels decentralized finance apps, NFT marketplaces, game platforms, and even services like Binance Pay.
BNB also features a deflationary supply model — tokens are regularly burned (destroyed) to reduce total supply over time and support scarcity.