Ethereum-based Layer 2 decentralized exchange Lighter has introduced its native cryptocurrency, the Lighter Infrastructure Token (LIT), as it moves to align traders, developers and investors while pushing deeper into onchain market infrastructure.
The total LIT supply is split evenly between the ecosystem and the team and investors. Fifty percent is earmarked for ecosystem growth, including an immediate airdrop that converts 12.5 million points earned by early users in 2025 into LIT tokens. The airdrop represents 25% of the project’s fully diluted supply, with the remaining allocation reserved for future incentives, partnerships and expansion.
The remaining 50% of tokens are allocated to the team (26%) and investors (24%). These tokens are subject to a one-year lockup followed by a three-year linear vesting schedule, Lighter said in a post on X. The token is issued directly by Lighter’s operating company, which is registered as a U.S. C-corporation.
Lighter said LIT is designed to facilitate value exchange across traditional finance and decentralized finance by prioritizing efficiency, transparency and verifiability in financial infrastructure.
According to a Dune-based data tracker, perpetuals trading on Lighter has averaged $2.7 billion in volume over the past seven days, ranking the platform third behind Hyperliquid and Aster. Hyperliquid’s HYPE token currently carries a market valuation of about $6.26 billion, making it the world’s 29th-largest digital asset.
LIT is positioned as a core infrastructure asset rather than a governance-only token. It underpins Lighter’s execution and data verification layers, with higher service tiers requiring users to stake increasing amounts of LIT as the network decentralizes.
Users and market data providers also pay fees in LIT for access to pricing and verification services, with staking mechanisms designed to help ensure data reliability and support risk management.
Lighter said revenue generated from its trading platform and future products will be fully transparent and verifiable onchain. The company may use that revenue to support ecosystem growth or conduct token buybacks, depending on market conditions and long-term objectives, without committing to a fixed schedule.
