- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Lighter withdrew 32.05 million USDC from the platform to its treasury address, with approximately $7.5 million flowing into the LLP.
BlockBeats News, December 30, according to MLM Monitor, Lighter has withdrawn a total of 32.05 million USDC from the platform to its treasury address, with approximately $100,000 still remaining in Lighter's platform fee wallet.
Out of this $32.05 million, around $8.6 million has been re-deposited back into Lighter since October 16, with about $7.5 million entering the LLP (fees generated returned to holders, reflected in LLP earnings). This is somewhat unusual as it has never been publicly disclosed before and was not mentioned in the documents—equivalent to around 25% of total revenue being used for this purpose.
The remaining approximately $21.9 million USDC has been transferred to a Coinbase custody address. Lighter also disclosed that its treasury address is hard-coded in the contract as account 0, responsible for receiving platform fees, and the address can be changed through a contract mechanism.
You may also like
Why Is On-Chain Fixed-Rate Lending Hard to Come By? "Basis Swap" Trading Is the Way Out
Key Market Insights for January 8th, how much did you miss out on?
USD 1 Billion Surge in Market Cap: Behind the Scenes with Trump Family Bet and CEX Shilling
Trend Research: 2026 Beyond Paradigm, WLFI Initiates Financial Ecosystem New Era
2025 Crypto Card Annual Report: 40,000 Monthly Active Users, Average Spending of Less Than $100
Coinbase Stock Jumps 8% After Goldman Sachs Upgrades COIN to Buy
Key Takeaways: Coinbase’s stock increased by 8% following Goldman Sachs’ upgrade from “neutral” to “buy.” Goldman cited confidence…
How to Flip Real Estate in the Prediction Market
Market Timing is Hard: Less than 10% will actually make it to the end of the year
Is the New Year Pump FOMO Back, or Is It Alt Season Again?
Jupiter Token Buyback Controversy, Vitalik's 2026 Vision, What's the Overseas Crypto Community Talking About Today?
Arkstream Capital: When Cryptocurrency Returns to 'Financial Logic' by 2025
Unstable Stablecoins: Understanding the Market’s Concerns and Dynamics
Key Takeaways Recent financial reports indicate concerns and instability in the stablecoin market. Circle, a leading stablecoin issuer,…
Ten People Redefining the Power Boundaries of Crypto in 2025
From Wall Street to the White House, from Silicon Valley to Shenzhen, a new power network is taking shape.
Whale Trader Reaps Significant Profits from Ethereum Sales
Key Takeaways A whale, identified as address “0xa339”, has executed a large sale of 50,623 ETH. The total…
ZEROBASE Surges Dramatically as High-Yield Ecosystem and Institutional Confidence Drive Growth
Key Takeaways ZEROBASE (ZBT) experienced a significant 58.95% price increase in the past 24 hours, reaching a peak…
Whale Executes Major Position with $1.8 Million USDC on HyperLiquid
Key Takeaways A significant crypto whale has deposited $1.8 million USDC into HyperLiquid. The whale used the funds…
Whale Deposits 1.81 Million USDC in HyperLiquid for Leveraged LIT Position
Key Takeaways A significant investor has deposited 1.81 million USDC into HyperLiquid. The investor utilized a 3x leverage…
Coinbase Recognized as a Top Fintech Pick for 2026 by Clear Street
Key Takeaways: Coinbase has been identified as one of the top three fintech stock picks for 2026 by…
Why Is On-Chain Fixed-Rate Lending Hard to Come By? "Basis Swap" Trading Is the Way Out
Key Market Insights for January 8th, how much did you miss out on?
USD 1 Billion Surge in Market Cap: Behind the Scenes with Trump Family Bet and CEX Shilling
Trend Research: 2026 Beyond Paradigm, WLFI Initiates Financial Ecosystem New Era
2025 Crypto Card Annual Report: 40,000 Monthly Active Users, Average Spending of Less Than $100
Coinbase Stock Jumps 8% After Goldman Sachs Upgrades COIN to Buy
Key Takeaways: Coinbase’s stock increased by 8% following Goldman Sachs’ upgrade from “neutral” to “buy.” Goldman cited confidence…
App