Lighter withdrew 32.05 million USDC from the platform to its treasury address, with approximately $7.5 million entering LLP.

On December 30, according to MLM monitoring, Lighter has withdrawn a total of 32.05 million USDC to its treasury address from the platform. Currently, about $100,000 remains in the fee wallet within the Lighter platform. Of this $32.05 million, approximately $8.6 million has been redeposited into Lighter since October 16, with about $7.5 million entering LLP (which generates fee rebates to holders, reflected in LLP earnings). This is quite unusual, as it has not been publicly disclosed before nor mentioned in documentation—equivalent to about 25% of the total revenue being used for this purpose. The remaining approximately $21.9 million USDC has been transferred to a CEX custody address. Lighter also disclosed that its treasury address is hardcoded in the contract as account 0, responsible for receiving platform fees, and the address can be changed through the contract mechanism.