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Lighter hits $200B in 30-day trading volume, overtaking Hyperliquid amid LIT token launch

Crypto Briefing
Lighter achieved $200 billion in 30-day trading volume, surpassing Hyperliquid, coinciding with its LIT token launch.

Summary

Lighter, an Ethereum-based perpetuals DEX utilizing its own ZK-powered app chain, reached a significant milestone by recording approximately $200 billion in 30-day trading volume, according to DefiLlama data. This volume surge allowed Lighter to overtake rivals Aster ($173 billion) and Hyperliquid ($165 billion) during the same period, although Hyperliquid still led in 24-hour volume ($6.8 billion vs. Lighter's $4.3 billion).

This achievement aligns with the launch of Lighter's native utility token, the Lighter Infrastructure Token (LIT). LIT is central to the platform's financial infrastructure, intended for staking, access, execution, and data services, with future use in fee payments and market-data verification. Lighter distributed 25% of the total supply to early users across two seasons.

The tokenomics allocate 50% of the supply to the community and growth programs, with the remaining 50% reserved for the team and investors, subject to vesting schedules. The project claims that value generated by Lighter products will ultimately accrue to LIT holders through growth initiatives or token buybacks. LIT is currently trading around $2.6 and has secured listings on Coinbase and Bybit's perpetual futures platform.

(Source:Crypto Briefing)