$LIT Lighter - A New Hyperliquid Competitor?
💡Lighter, one of the fastest-growing perp DEXs, announced the launch of the LIT token and automatically distributed 25% of the Total Supply to participants of the first two points seasons. No claim needed – tokens went straight to wallets, and crypto folks are celebrating a fat airdrop.
💡 Over the past 30 days, the platform showed ~$200B in trading volume, surpassing Hyperliquid ($HYPE) and Aster ($ASTER) in this metric.
💡 The project's tokenomics split the community in half: 50% for ecosystem/community, 50% for team/investors. Insider tokens are locked for one year, followed by a planned unlock over 3 years.
💡A real battle has unfolded on Polymarket – traders have placed $71M+ on predictions for the LIT token's FDV.
💡 Opinions are divided online: some call the tokenomics clean with a community focus, while others warn about dump risks due to the high insider percentage.
💡Whales are already actively jumping into Lighter – both shorting and longing. The LIT token is currently trading at around $2.7.