# Lighter Permanently Retires 2,452,017 LIT as Q3 2026 Buyback Cycle Wraps Up

In Brief: On October 11, 2026, Lighter destroyed 2,452,017 LIT tokens under its new buyback model. Repurchased tokens are no longer held. They are now taken out of circulation for good, which changes how the protocol treats its buybacks. Because the program links token supply directly to trading fee

| Fact | Value |
| --- | --- |
| Published | 12 October 2026 |

Source: https://egamers.io/lighter-permanently-retires-2452017-lit-as-q3-2026-buyback-cycle-wraps-up/