Lighter withdrew 32.05 million USDC from the platform to its vault address, of which approximately $7.5 million went to LLP.

According to Techub News, MLM monitoring shows that Lighter withdrew 32.05 million USDC from the platform to its vault address, with approximately $100,000 still remaining in the transaction fee wallet within the Lighter platform. Of this $32.05 million, approximately $8.6 million has been deposited back into Lighter since October 16th, with about $7.5 million going into LLP (transaction fees generated are returned to holders and reflected in LLP earnings). This is unusual, as it has never been publicly disclosed or mentioned in any documentation before – equivalent to about 25% of total revenue being used for this purpose. The remaining approximately $21.9 million USDC was transferred to a Coinbase escrow address. Lighter also disclosed that its vault address is hardcoded into account 0 in the contract, responsible for receiving platform transaction fees, and the address can be changed through the contract mechanism.