Gram / Toncoin (GRAM) Burn

From activation on 17 Jun 2023 to 31 Aug 2026, tonstat records 5,263,680 GRAM destroyed over 1,172 days with no gap. On-chain total supply is 5,241,746,528 GRAM (3 Sep 2026), so the burned share is 0.10% — about $7M at the early-September-2026 price of $1.34, less than a single day of Ethereum's burn at its peak.

The books close: supply on burn-start day was 5,087,755,206; adding 157.8M minted and subtracting 5.26M burned gives 5,240.3M, within 0.03% of current total supply — the ~1.4M residual is the source's daily rounding. So the Mint, Burn and Net columns on this page are three numbers from one ledger, not stitched from three sources.

The mechanism: validators voted in June 2023 to set fee_burn = 1/2 in burning_config; burned fees include gas, forwarding and storage fees denominated in GRAM. No button to press, no dead wallet to watch, no "rounds" — only total supply shrinking block by block.

The program's first half-year was nearly flat: 15–17K GRAM per month, ~500/day (Jul–Nov 2023). Then December 2023 jumped to 151,304 (peak 15 Dec: 21,241) — the ton-20 inscription craze reaching TON after Bitcoin and Avalanche. January 2024 eased to 94,924, but February through August 2024 ran 206–346K every month: April 2024's 346,393 (10 Apr: 27,484; 11 Apr: 24,205) was the crest of the Telegram memecoin and mini-app wave around the Notcoin launch.

The absolute peak is the last week of September 2024, when Hamster Kombat distributed its HMSTR token (26 Sep 2024) to tens of millions of players: 26 Sep 31,581 → 27 Sep 38,986 (the all-time record) → 28 Sep 32,621 → 29 Sep 29,286 → 30 Sep 25,999 GRAM. September 2024 as a whole burned 553,335 GRAM — 10.5% of three years of burning in one month, and double the second-highest month.

For the full year, 2024 burned 3,201,949 GRAM (8,748/day), 61% of the lifetime total. From October 2024 the curve fell continuously: Q4 2024 at 215–282K per month, 2025 sliding from 199,427 (January) to 77–103K per month in the second half, 1,340,215 for the year (3,672/day, −58%). The tap-to-earn airdrops passed, and TON's fees returned to those of a cheap payments network.

In early 2026 the network minted ~97K GRAM/day (about 2.9–3.0M per month, 0.7% a year) and burned 85–92K per month. On 3 Apr 2026 minting stepped up to ~150–167K/day, then on 9 Apr 2026 Catchain 2.0 activated: block time from ~2.5 s to ~0.4 s with the masterchain block reward unchanged at 1.7 GRAM — so six times as many blocks pushed minting to 449,128 that day and a steady ~570K/day from 10 Apr. May 2026 minted 17.38M, August 2026 17.59M; annualized ≈ 208M GRAM, or 4.0% of total supply (TON Foundation projected inflation rising to ~3.6%).

Three weeks later, phase two of the MTONGA roadmap cut the standard transaction fee sixfold, from 0.00234 to 0.00039 GRAM, effective at the end of April 2026. The daily series shows it immediately: 30 Apr burned 2,829; 1 May 1,164; 2 May 689. April 2026 burned 84,602, May just 36,126 (−57%), June 29,277, July 32,551, August 38,198 — a new pace of ~1,000–1,250/day. Burning fell by less than sixfold because storage fees and contract gas were not cut proportionally and transaction counts rose with cheaper fees.

The combined effect: before April 2026 the network minted ~97K and burned ~2.9K per day — a 33:1 ratio. After the two changes it mints ~570K and burns ~1.2K — roughly 470:1 on a daily basis, or 120:1 over the trailing 12 months (101.8M minted versus 840K burned). Two data days, 8 May and 17 Jun 2026, show half the usual mint and very low burn (17 Jun: 186) — most likely partial days at tonstat; the ledger keeps the source figures as they are.

Minting by year from the tonstat series: 2023 (from 17 Jun) 12.92M; 2024 21.53M; 2025 32.54M; 2026 to 31 Aug already 90.81M — eight months minting 2.8× the whole prior year, and 58% of all three years' issuance combined. Burns over the same periods: 0.24 / 3.20 / 1.34 / 0.49M. Burn as a share of mint: 1.8% (2023), 14.9% (2024 — the only year burning mattered), 4.1% (2025), 0.5% (2026).

2025 minting exceeded 2024 with no upgrade: TON validator rewards depend on block count and configuration, and tonstat shows minting rising from ~59K/day (2024) to ~89K/day (2025). This ledger cannot isolate the cause from the data; it records issuance rising three years in a row even before Catchain 2.0.

For GRAM to deflate at the current mint rate it would need ~570K burned per day — 15× the Hamster Kombat record day and 470× a normal 2026 day. At a fixed fee of 0.00039 GRAM that is nearly 3 billion transactions a day. TON chose cheap fees and high speed for Telegram users; from here the 50% fee burn is a design statement, not a force on supply.

CoinGecko lists 2.78B circulating of 5.24B total GRAM (53%); the remaining ~2.46B are tokens in early-miner wallets, the TON Foundation and related funds excluded from circulation under CoinGecko's method. This ledger has no unlock-schedule source for GRAM — the Unlocks column is empty for lack of data, not zero — and cannot verify the circulating boundary on-chain.

The token's name and ticker changed from Toncoin/TON to Gram/GRAM effective 15 Jun 2026, after a governance vote on 1–8 Jun 2026 passed with 81.22% — a rename only, no swap, no migration; the blockchain remains The Open Network. Data before that date on this page is the same token under its old name.

Only just over half of total supply counts as circulating on CoinGecko, so FDV is nearly double market cap. ATH $8.25 on 14 Jun 2024 — right in the memecoin and mini-app season that drove peak burning; ATL $0.52 on 20 Sep 2021 (CoinGecko). From the peak to early September 2026 the price fell 84% while total supply rose 3% and the mint rate sextupled.

The sole source is tonstat.com's GraphQL: three daily series, toncoinsBurnedDays, toncoinsMintedDays and totalSupplyDaily. Burn is the fee share sent to the blackhole per burning_config, mint is validator rewards; the ledger checks the closed-book identity mint − burn = Δ total supply on every run. Today's incomplete day is dropped, so the table always ends at yesterday.

There is no revenue, buyback or unlock column for GRAM; USD in the state card = quantity × price at the time the page was last updated, not the price at burn time. The "burned" row in the state table is the daily series summed from 17 Jun 2023, excluding any fees before that date (which went 100% to validators). Circulating supply is CoinGecko's.