Lighter, an Ethereum-based Layer 2 decentralized change (DEX) targeted on perpetual movement, has introduced the debut of its native cryptocurrency, Lighter Infrastructure Token (LIT), to align merchants, builders, and backers because it seeks to converge conventional markets and DeFi.
The availability of LIT tokens shall be divided equally. 50% to the ecosystem and 50% to the group and traders. The moment airdrop will reward early contributors with free funds by immediately changing 12.5 million factors (earned in 2025) into LIT tokens. This corresponds to 25% of the full worth of the challenge absolutely diluted, or the utmost token doable if all have been issued.
The remainder will fund future rewards, partnerships, and growth. Groups (26%) and traders (24%) face a one-year lockup adopted by three years of linear vesting, Lightther mentioned in a submit on X.
This token is issued straight by the working firm of Lighter, a US registered C-Company.
“The way forward for finance lies within the nexus of conventional monetary programs and DeFi, and environment friendly, safe, and verifiable infrastructure shall be essential each in including real-world belongings to DeFi and in including verifiability and composability to TradFi,” Reiter instructed X.
“Our framework for the utility of the LIT token is subsequently to think about how worth is exchanged throughout the monetary system and construct the infrastructure in a manner that worth is gained by way of effectivity, transparency and innovation,” it added.
Author-based Perpetual’s common buying and selling quantity over the previous seven days was $2.7 billion, the third-largest after Hyper Liquid and Aster, in accordance with Dune-based knowledge tracker.
Hyperliquid’s HYPE token at present trades with a market valuation of $6.26 billion, making it the twenty ninth largest digital asset on the planet.
Greater than only a governance token
LITs do extra than simply enable holders to vote on selections and earn rewards. This powers the author buying and selling system as the first token.
Lighter gives commerce execution and knowledge validation companies at completely different ranges, and better ranges require extra LIT tokens to be staked. Staking means locking up your tokens to entry these options. These necessities improve as networks turn into extra decentralized. Because of this the community is operated by many customers quite than one firm.
Customers and knowledge suppliers additionally pay charges on LIT to acquire market data and examine costs. Staking helps make sure the authenticity of this knowledge for safe transactions and danger administration.
Income monitoring and buyback coverage
XPost defined that the cash Lighter makes from its buying and selling platform and future merchandise shall be absolutely traceable on the blockchain, so anybody can publicly see it.
The group might use the proceeds to gas ecosystem development or purchase again LIT tokens. Buyback means shopping for tokens to scale back the provision, which might improve the worth of the tokens.
These selections don’t observe a strict schedule and are decided by general market tendencies and the corporate’s long-term plans.
