Overview
- LIT’s supply is split 50% for ecosystem uses and 50% for team and investors, with 25% of the total distributed immediately to 2025 points earners from Seasons 1 and 2 converting 12.5 million points.
- Team and investor allocations of 26% and 24% are subject to a one-year lockup followed by three years of linear vesting.
- The token is issued by Lighter’s U.S. C‑Corp, and protocol revenues will be fully trackable on-chain with potential deployment to ecosystem growth or discretionary token buybacks.
- Token utility includes staking-based access tiers, LIT-denominated fees for subscribers and data providers, and staking to secure and validate trading and risk data.
- Lighter ranks among the highest-volume perp DEXs, averaging about $2.7 billion over seven days, and it raised $68 million in November from Founders Fund, Ribbit Capital, and Haun Ventures.