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Burn Announcements vs. Burn Proof: How to Verify a Token Burn On-Chain

Picture: NullTX

The cheapest word in crypto is "burned." After all, it costs nothing to type, it looks great in a headline, and it usually moves a price chart for an afternoon. Proof, however, is entirely different. It sits quietly on a public ledger waiting for anyone to inspect it, yet almost nobody takes the time to look. So, when Lighter announced it had burned 2,452,017 LIT, representing the tokens it bought back through the end of Q3 2026, I looked it up.

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