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Lighter Launches LIT Token With 25% Airdrop as Trading Begins

LIT is positioned as a utility layer powering access tiers with revenues tracked on‑chain for potential buybacks.

Overview

  • Total supply is split 50% to the ecosystem and 50% to team and investors, with 12.5 million 2025 points converted into tokens equal to 25% of fully diluted supply.
  • Team allocations account for 26% and investor allocations 24% of supply, both locked for one year followed by three years of linear vesting.
  • LIT functions beyond governance through staking requirements for higher execution and data‑verification tiers, plus fee payments for market data and price checks.
  • Lighter says all protocol income will be visible on‑chain and may be directed to ecosystem programs or discretionary token buybacks based on conditions.
  • Trading went live on the LIT‑USDC pair with early prices reported around $2.3–$2.6, the token secured a Coinbase spot listing and Bybit perpetuals, and Lighter recorded about $200 billion in 30‑day volume while leading the 7‑day tally but trailing Hyperliquid over 24 hours.