Its usage is mostly by European songsmiths (such as ATB) who employ a fluid usage of language.
As such, most people will write "lyst" as "list", not realising they've used the wrong word. This is a common problem with older words, such as "tryst", as people assume spellings rather than check against meaning.
Where we used to hide
And the world seemed so dark and cold outside
Remember that field
Where we used to kiss
And the rain washed away our secret lyst"
lyrics from "Long Way Home" by ATB