L-BTC has resumed trading even as an onchain snapshot shows that reserves covered only 85.15% of the token’s supply on Sept. 10, according to CryptoSlate. The snapshot indicates that backing remained below full coverage at the time of the review. Federation peg-outs were still suspended, limiting the ability to redeem L-BTC through that process. CryptoSlate also reported that live market depth had not been measured, leaving liquidity conditions unquantified. The reserve coverage figure and the status of peg-outs are key data points for monitoring the asset following the return of trading. The report does not provide a live measure of market depth or additional details on the reasons for the reserve shortfall. The information was published by CryptoSlate on Sept. 12, 2026.
