Terra Classic Burns Over 1 Billion LUNC in Just 11 Days as November Activity Continues
Terra Classic has recorded more than 1 billion LUNC in burns during the first 11 days of November, bringing the total to 1,059,926,741 LUNC.
The latest figures show continued burn activity across the Terra Classic ecosystem, with several days recording more than 100 million LUNC burned. The total was reached even before Binance made its November contribution through its monthly LUNC burn program.
Terra Classic Daily Burns: November 1 to 11
Between November 1 and November 11, Terra Classic recorded a combined total of 1.05 billion LUNC burned.
November 5 recorded the highest daily burn, with 162,378,802 LUNC. November 4 followed with 155,899,646 LUNC, while November 2 recorded another 129,195,434 LUNC burned.
Here is the complete daily breakdown:
| Date | Daily LUNC Burn |
|---|---|
| November 1 | 49,235,378 |
| November 2 | 129,195,434 |
| November 3 | 82,947,432 |
| November 4 | 155,899,646 |
| November 5 | 162,378,802 |
| November 6 | 75,835,070 |
| November 7 | 58,236,740 |
| November 8 | 106,869,333 |
| November 9 | 89,546,669 |
| November 10 | 89,266,013 |
| November 11 | 60,516,224 |
| Total | 1,059,926,741 |
The daily figures demonstrate that burn activity has remained consistent throughout the first 11 days of November, with four days recording more than 100 million LUNC burned.
Binance November LUNC Burn Still Pending
One notable development is that Binance has not yet carried out its November LUNC burn contribution under its monthly burn program.
The delay comes as LUNC withdrawals remain suspended on Binance. This means users are currently unable to withdraw and transfer their LUNC out of the exchange through its withdrawal service.
Binance’s monthly burn program is based on trading fees generated from LUNC trading activity. Its next contribution remains pending, and the timing of the November burn has not yet been confirmed.
As a result, the reported 1.05 billion LUNC burned during the first 11 days does not include a new November contribution from Binance.
What Does This Mean for the LUNC Supply?
Token burns are an important part of the Terra Classic community’s ongoing efforts to reduce the overall LUNC supply.
By sending tokens to designated burn addresses, those tokens become permanently inaccessible, reducing the available supply.
However, the long term impact of these burns also depends on other factors, including trading demand, network activity, staking participation, and overall market conditions.
With more than 1.05 billion LUNC already burned in November and Binance’s monthly contribution still pending, attention will remain on the daily burn figures and the exchange’s next update.
The coming weeks will show how much additional LUNC can be burned before the end of November.
