Supply news · Nov 9 2026
Crypto supply news, Nov 9 2026
On Nov 9 2026 we found 13 supply stories across 12 coins: 4 burns, 3 buybacks, 3 unlocks, 3 new-supply stories. Coins that burn or buy back take supply off the market; unlocks and new coins add to it.
Written the night of Nov 9 2026 from each project's own news, checked at the source. Each coin's page has its full supply numbers.
- ALGO AlgorandNew supply
The Algorand Foundation dropped its plan to raise the ALGO supply cap.
On Nov 6 2026, the Algorand Foundation said lifting the 10 billion ALGO cap is no longer being considered, and it paused its Project King Safety plan. It will also pause the xGov grant program from Dec 6 2026, while staking rewards stay in place through January 2028. People ask how the network will pay for its security after 2028.
ALGO supply research → - CAKE PancakeSwapBuyback
PancakeSwap moved this week's CAKE buyback and burn to Nov 16.
On Nov 9 2026 the team said it is upgrading the security of the contracts that handle trading-fee buybacks, so this week's buyback and burn moves to Monday Nov 16 2026. They said user funds are not affected, trading runs as normal, and the full amount will still be burned. People ask if the security work is only a check or a sign of a problem.
CAKE supply research → - CAKE PancakeSwapBurn
PancakeSwap burned about 1.79 million CAKE in October.
The October report, out Nov 4 2026, shows 1,790,527 CAKE burned and 674,316 new CAKE created. That makes 38 months in a row with fewer CAKE in total. People ask if the burns can keep up as daily new CAKE is cut in the new fee plan.
CAKE supply research → - KCS KuCoin TokenNew supply
KuCoin gave KCS holders a free airdrop of a new token, KOR.
On Nov 4 2026 KuCoin listed Kor Protocol (KOR) and shared 4,666,666 KOR with users who held at least 20 KCS during a snapshot from Oct 18 to Oct 25 2026. Rewards were based on how much KCS each user held, with extra bonuses for loyal and VIP users. People ask if these airdrops are worth enough to keep holding KCS.
KCS supply research → - LEO UNUS SED LEOBurn
Bitfinex has not burned any LEO since Sep 1.
The last LEO burn was 6,559 coins on Sep 1 2026. Bitfinex has kept buying LEO almost every day since, and about 427,000 LEO now waits to be burned. People ask when the catch-up burn comes, since earlier pauses ended with one big burn.
LEO supply research → Binance missed its monthly LUNC burn for the first time since 2023.
Binance has burned part of its LUNC trading fees on the first of almost every month since March 2023, but as of Nov 3 2026 the Nov 1 burn had not happened, and Binance did not explain why. It comes while Binance is still reopening withdrawals step by step after a large hack. People ask if the burn is only late or has stopped, since Binance burns are a big part of the LUNC story.
LUNC supply research →- MON MonadUnlock
A big unlock for the team and early investors is about two weeks away.
Monad's mainnet started on Nov 24 2025, and the team's tokens (27% of all MON) and investors' tokens (19.7%) were locked from that day. The first large release is expected around Nov 24 2026, one year after launch. People ask how much of it could be sold, and whether today's price already counts it in.
MON supply research → - NEAR NEAR ProtocolNew supply
NEAR holders voted to pay out fewer new coins each year.
In early November 2026, NEAR's House of Stake voters approved a plan (HSP-029) to cut the top yearly rate of new NEAR from 2.5% to 1.6%. The cut starts about 90 days after the network upgrade is in place, then steps down over 24 months. People ask when the change will really start, and what it means for staking rewards.
NEAR supply research → - PENDLE PendleBuyback
Pendle opened a page for real-world assets and says its buybacks beat new supply.
In its Nov 9 2026 update, Pendle launched an RWA page that shows fund-level details for real-world asset markets. It also said its PENDLE buyback passed 3 million coins, about six times what it gives out in new rewards, and one tokenized fund on Pendle passed $50M. People ask if real-world assets can become Pendle's next big source of fees.
PENDLE supply research → - PIEVERSE PieverseUnlock
A big PIEVERSE token unlock comes on Nov 14.
Nov 14 2026 is one year since PIEVERSE started trading, and locked tokens for the team, advisers and investors start to unlock. Reports differ on the size, from about 33 million to 86 million tokens, with about 300 million in circulation now. People ask if holders will sell after the unlock.
PIEVERSE supply research → - RAY RaydiumBuyback
Raydium's buyback keeps buying RAY every day.
Between Nov 2 and Nov 9 2026 Raydium's fee buyback bought about 241,700 RAY, roughly $400,000 at this week's prices, and added it to a wallet that now holds about 88.44M RAY. That wallet has never sold. People ask how long the buying lasts now that trading fees have cooled from their October high.
RAY supply research → Render opened a new burn-and-mint channel.
Since Nov 6 2026 a new channel on the Render Network has burned about 5,300 RENDER a day and minted a little less back to pay the machines doing the work. It matches the plan for the Salad compute network to move its payments onto RENDER. People ask whether it lifts the burn for good.
RENDER supply research →- STRK StarknetUnlock
About 127 million STRK unlock on Nov 15 2026.
Starknet's monthly unlock of about 127M STRK is due on Nov 15 2026, and it lands in a market that is much quieter than a month ago. Reports say it is more than 14% of a normal day's STRK trading. People ask if early backers and the team will sell these coins, and how much the price can take.
STRK supply research →
Coming unlocks for every coin, by date: Token unlocks in the next 90 days.