Lighter repurchased 597,200 LIT in September, cumulative buyback hits 18.15M tokens
- —September buyback totaled 597,200 LIT; cumulative repurchases reached 18.15M tokens
- —Cumulative buyback equals 7.26% of LIT circulating supply
- —September trading volume was $56.2B, open interest $1.64B
- —Network revenue for September came in at $4.44M
Why it matters: Steady buybacks shrink LIT supply, potentially supporting the token's price if trading activity holds up.
Source: TokenPost