Lighter Launches LIT Token with $68M Funding and Mainnet Momentum

Lighter, a rising competitor in decentralized derivatives trading, has officially unveiled its native token, LIT, following weeks of market speculation and growing platform activity. The token launch coincides with $68 million in funding and heightened mainnet traction, positioning Lighter as a formidable rival to Hyperliquid.

Designed as an ecosystem alignment tool, LIT distributes economic value to traders, developers, institutions, and investors. Every dollar generated by Lighter's products will accrue directly to token holders. The US-based C-Corp behind LIT will operate the protocol at cost, with on-chain revenue transparency guiding allocations between ecosystem development and token buybacks.

The token's 50/50 supply split reserves half for ecosystem growth and half for internal stakeholders—26% to the team and 24% to investors. Future utility includes roles in market data validation and pricing infrastructure, functioning as both a fee asset and staking instrument.