$LIGHT — Lighter — up 22% today. Here's what's behind it.
Lighter is a decentralized perpetual futures exchange built on a custom Ethereum zk-rollup — designed to deliver centralized exchange-level speed and zero fees for retail traders. [101 Blockchains]
What's driving the pump:
Lighter executed an aggressive 10 million LIT buyback — locking 4% of circulating supply and triggering a 40% price recovery from its March lows. [Bitcoin Foundation]
Staking $LIT now grants users better trading fees and faster order execution — giving the token real utility beyond speculation. [Crypto Debut]
The risk to know:
50% of total supply is allocated to team and investors behind a one-year cliff. That cliff expires December 2026 — after which 13.5 million LIT starts entering the market every single month. [Coin Gabbar]
Real product. Real buybacks. Real unlock pressure coming end of year.
December 2026 is the date to watch. 🫡
DYOR before touching anything.
#light