Most projects talk about buybacks. $LIT just made them permanent.
Starting July 1, revenue funded LIT buybacks are no longer recycled. They're burned forever, with the first post Q2 burn expected to remove around 15.5M LIT from circulation, creating a stronger long term supply story.
What also caught my attention is that Lighter is not just another perp DEX. Its ZK rollup architecture and growing TradFi integrations are giving it a unique position as onchain and traditional finance continue to converge.
With momentum building, roughly $150M in 24h trading volume, and the perp DEX narrative gaining traction again, LIT is becoming one of the projects worth keeping on the watchlist.
Do you think this is just the beginning of the perp DEX comeback, or is the market getting ahead of itself?
Starting July 1, revenue funded LIT buybacks are no longer recycled. They're burned forever, with the first post Q2 burn expected to remove around 15.5M LIT from circulation, creating a stronger long term supply story.
What also caught my attention is that Lighter is not just another perp DEX. Its ZK rollup architecture and growing TradFi integrations are giving it a unique position as onchain and traditional finance continue to converge.
With momentum building, roughly $150M in 24h trading volume, and the perp DEX narrative gaining traction again, LIT is becoming one of the projects worth keeping on the watchlist.
Do you think this is just the beginning of the perp DEX comeback, or is the market getting ahead of itself?