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Lighter Debuts LIT Token as Trading Starts on Major Exchanges

The design makes protocol revenue trackable on-chain with discretionary buybacks.

Overview

  • Lighter converted 12.5 million 2025 points into LIT for an immediate 25% supply airdrop, with the remaining ecosystem pool reserved for future incentives.
  • Half of total supply goes to the ecosystem and half to insiders, with team (26%) and investor (24%) allocations locked for one year and vesting linearly over three years.
  • The token underpins staking-based access tiers, execution and data services, and fee payments, positioning LIT as operational infrastructure rather than a pure governance asset.
  • LIT is trading around $2.6 after listings that include Coinbase spot and Bybit perpetuals, with activity data showing strong usage despite differing tracker totals.
  • DefiLlama shows roughly $200 billion in 30‑day volume for Lighter while a Dune-based tracker puts its 7‑day average near $2.7 billion; CoinGecko and Bubblemaps data cited the airdrop’s value near $675 million, ranking among the largest to date.