USTC burns are driven by taxes derived from on-chain transactions, and donations that are sent to the official burn wallet.
Changes to total supply of USTC from on-chain sources are largely derived from taxes, and are a bellweather for the health of the chain. More utility = more taxes = more USTC burned 🔥
Rank | Owner | LUNC Burned | % Total | Wallet Address | |
---|---|---|---|---|---|
1 | Terra Form Labs | 438,873,713 | 18.9% | terra1xtlkxkund5xxsj8uj94y6fmx2sf9unkc9l7lpg | See all burns |
2 | KUCOIN | 6,869,940 | 0.3% | terra1rvxcszyfecrt2v3a7md8p30hvu39kj6xf48w9e | See all burns |
3 | Unknown | 5,734,019 | 0.2% | terra1luagdjcr9c9yvp3ak4d7chjm5gldcmgln5rku5 | |
4 | Binance | 1,895,721 | 0.1% | terra132wegs0kf9q65t9gsm3g2y06l98l2k4treepkq | See all burns |
5 | Binance | 1,688,998 | 0.1% | terra1hhj92twle9x8rjkr3yffujexsy5ldexak5rglz | See all burns |
6 | Unknown | 904,498 | 0.0% | terra1a40kva4wz285s6gpg6re5cmvqwjghnvzn65cy3 | |
7 | Unknown | 844,776 | 0.0% | terra1w4wexfkf8zajupm4zeenymw8cwhasc6jczck59 | |
8 | #BURNITALL Validator | 829,834 | 0.0% | terra16aumxyfeh2vrd2kr9qk2gadmwmg4jm5kw6nryp | See all burns |
9 | Unknown | 696,517 | 0.0% | terra1pgcadmmetsyxmvzp9zfqxr96yd42raum5kgejn | |
10 | Binance | 689,384 | 0.0% | terra1az3dsad74pwhylrrexnn5qylzj783uyww2s7xz | See all burns |
Like many, I lost big during the Terra collapse. I didn't panic sell when UST de-pegged, and consequently lost a huge portion of my savings. It was a hard lesson to learn.
I built this site as a passion project. If my work helps you, consider a small donation. Any amount helps!