Burning tokens removes them from circulation permanently by sending them to an unspendable address or using the Token Program burn instruction. Projects burn for supply reduction, memes, or deflationary mechanics. Use the Burn Token page on MonkeyTools to burn from your connected wallet.
When burning makes sense
- Buyback-and-burn announcements
- Cleaning up test mints (use devnet for tests)
- Community-driven supply reduction events
- Removing tokens sent to your treasury by mistake
How burning works on Solana
You select the token mint, enter the amount, and approve a burn transaction. The supply on-chain decreases. Burns are irreversible — double-check amount and mint.
Fees and history
MonkeyTools charges a small platform fee shown before confirmation. Successful burns can be recorded in your history and dashboard for reference.
Burn vs lock
Burning destroys supply. Locking sends tokens to a vault for time — different mechanics and messaging. Choose what matches your tokenomics paper.