Lighter LIT token falls 15% amid broader market pullback
Crypto Briefing
The LIT token for the Lighter perpetual exchange dropped over 15% due to a general market selloff.Summary
Lighter, an Ethereum-based perpetual futures exchange, experienced a significant decline in its native token, LIT, which fell more than 15% to below $1.70, mirroring a broader market selloff that affected Bitcoin. Despite this token depreciation and heavy selling, Lighter maintains robust on-chain activity, recording $2.25 billion in 24-hour trading volume, placing it third behind Hyperliquid and Aster. The platform also ranks third in open interest with $1.31 billion. Furthermore, the Lighter team has been actively conducting LIT buybacks, totaling approximately $2.8 million since the program's announcement on January 6, 2026.
(Source：Crypto Briefing)