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Lighter burns 15.6 million LIT as crypto’s buyback trend gathers pace
Jul 11, 2026
< 1 min read
by Ashish Kumar
for CryptoPolitan
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AI Overview
On July 10, 2026 Lighter burned 15,638,702 LIT tokens amassed through an automated buyback program by the end of Q2 2026. The burn highlights a broader crypto trend toward active supply management and could increase LIT scarcity, support adoption and market confidence across DeFi and exchange ecosystems.
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On July 10, Lighter burned 15,638,702 LIT tokens it had amassed through its automated buyback program by the end of the second quarter of 2026. The importance of the action stems not from the quantity of tokens that are being destroyed, but from the fact that it signifies a bigger trend within the crypto industry....
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Coins
$ 0.104
-1.26%
$ 2.39
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In This News
Coins
$ 0.104
-1.26%$ 2.39
-7.94%Predictions Markets
See what traders are focused on
Share: