Binance Donates and Burns $97.57M in GIGGLE Trading Fees
Binance processed GIGGLE trading fees worth nearly $98 million in November 2025, donating half to Giggle Academy and burning the remainder to decrease circulating supply.
USDT
Summary
According to GiggleFund's announcement, Binance processed GIGGLE spot and leverage trading fees between November 1–29, 2025, totaling 6,837.99 GIGGLE, equivalent to approximately $97.57 million in USDT. Half of the collected GIGGLE was donated to Giggle Academy, while the other half was burned to reduce token circulation. This action forms part of Binance's ongoing program to support community initiatives and manage supply.
Terms & Concepts
- Token Burn: The permanent removal of cryptocurrency tokens from circulation to reduce supply.
- GIGGLE: A cryptocurrency associated with Giggle Academy and traded on Binance.
- Giggle Academy: An organization linked to the GIGGLE cryptocurrency, receiving token donations from Binance.