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   /       /       /    Lighter Prepares to Burn 15.5 Million LIT in First Revenue-Funded Supply Reduction, Will LIT Rally?

Lighter Prepares to Burn 15.5 Million LIT in First Revenue-Funded Supply Reduction, Will LIT Rally?

Lighter Prepares to Burn 15.5 Million LIT in First Revenue-Funded Supply Reduction, Will LIT Rally?

Lighter will carry out its first revenue-funded LIT token burn, removing about 15.5 million tokens, or 6.3% of circulating supply. The perpetuals exchange repurchased the Lighter Infrastructure Token (LIT) with trading revenue through the end of Q2 2026.

The burn is the first under a June tokenomics overhaul that routes buybacks into permanent supply cuts. Lighter said it will publish the Ethereum transaction hash once the burn settles on-chain.

Revenue-Funded LIT Token Burn Replaces Buybacks

The burn follows a late-June tokenomics overhaul, when Lighter said buybacks would cut supply rather than sit in its treasury. The exchange has bought back LIT with trading fees since its LIT token debut in December.

“buybacks will be used to permanently reduce the LIT supply through burns,” Lighter said in the June update.

Those buybacks rest on real revenue. Traders have paid Lighter about $69 million in fees since it began trading, according to DefiLlama.

Roughly $2.8 million of that came in the past month. The team will move the repurchased LIT to an Ethereum burn address. It may instead burn undistributed tokens, which it calls economically equivalent.

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The model echoes rival Hyperliquid, whose fee-funded HYPE buybacks have topped $1 billion and been credited with HYPE’s 2026 run.

LIT Price Climbs as Supply Tightens

LIT’s live price sat near $2.54 on July 10, up about 8% in 24 hours, BeInCrypto data shows. The 15.5 million tokens are worth roughly $39 million at that price. LIT has more than tripled from its March low near $0.78, yet trades well below its $7.86 December record.

The burn cuts supply once, but the same overhaul emits about 7.5 million LIT a year in staking rewards. That steady issuance offsets part of the one-time reduction.

Revenue-backed burns often read as a positive signal, since they shrink supply using real income rather than new emissions.

Still, a lasting rally is not guaranteed. Monthly fees have edged lower, and LIT’s longer-term price outlook likely hinges on whether trading revenue keeps funding buybacks. Lighter said it will share the transaction hash, letting anyone verify the burn on-chain.

Источник: BeInCrypto

11-07-2026
Cryptocurrencies / Cryptocurrency News

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