Rewards Hub Lighter has transferred approximately $32.05 million USDC from its protocol to its project treasury, leaving about $100,000 USDC in the fee wallet, according to MLM monitoring. Since October 16, around $8.6 million USDC has been re-deposited into the protocol, with $7.5 million USDC allocated to LLP, benefiting LLP holders. This allocation, representing about 25% of total revenue, was previously undisclosed and undocumented. Additionally, approximately $21.9 million USDC has been moved to a Coinbase address.
Lighter Transfers $32.05 Million USDC to Treasury, $21.9 Million Sent to Coinbase
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