---
title: "LAB Team Burns 10 Million LAB Tokens, Lookonchain Says"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292256548.md"
description: "The LAB team has burned 10 million LAB tokens, according to Lookonchain monitoring. According to Odaily, the burned tokens were valued at $11.3 million."
datetime: "2026-07-10T01:04:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292256548.md)
  - [en](https://longbridge.com/en/news/292256548.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292256548.md)
---

# LAB Team Burns 10 Million LAB Tokens, Lookonchain Says

The LAB team has burned 10 million LAB tokens, according to Lookonchain monitoring. According to Odaily, the burned tokens were valued at $11.3 million.

### Related Stocks

- [LAB.US](https://longbridge.com/en/quote/LAB.US.md)

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