{"path":"/supply/burned","tier":2,"parameters":{"a":["ETH"],"c":["native","usd"],"f":["csv","json"],"i":["10m","1h","24h","1w","1month"]},"queried":{"a":"ETH","path":"/v1/metrics/supply/burned"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/supply#get-v1-metrics-supply-burned","studio":"https://studio.glassnode.com/charts/supply.Burned","metric_variant":{"bulk":"/supply/burned/bulk","pit":"/supply/burned_pit"}},"bulk_supported":true,"timerange":{"min":1438226400,"max":1794491400},"modified":1794493200,"descriptors":{"name":"Burned Supply","short_name":"Burned Supply","group":"Supply Dynamics","tags":["on-chain","supply"],"description":{"default":"**Definition.** Burned Supply is the cumulative sum of ETH destroyed by the EIP-1559 base-fee mechanism since the London Hard Fork activated it. [Burn Rate (Base Fee)](https://studio.glassnode.com/metrics?a=ETH\u0026m=supply.BurnRate) is the rate counterpart, and [Minted Supply](https://studio.glassnode.com/metrics?a=ETH\u0026m=supply.Minted) is the issuance counterpart.\n\n**Technical.** EIP-1559 established a per-transaction base fee that is sent to a burn address rather than to the block producer, reducing the overall ETH supply. Base fees of failed transactions are included.\n\n**Interpretation.** Indicates the cumulative deflationary pressure on Ethereum.\n"},"data_sharing_group":"onchain"}}
