Lighter DEX has announced a new token listing with the launch of its native LIT token, marking major token launch news in the DeFi space. The token supply is split 50% to the ecosystem and 50% to the team and investors. Early participants received a 25% airdrop by converting 12.5 million points into LIT. Issued by a U.S.-registered C-Corporation, LIT powers Lighter’s trading systems and requires staking for advanced services. The project plans to use revenue for ecosystem growth or token buybacks.

Citing Coindesk, perpetuals-focused Ethereum-based Layer 2 decentralized exchange Lighter has launched its native token, the Lighter Infrastructure Token (LIT). The token supply is split 50% to the ecosystem and 50% to the team and investors. Early participants received a 25% airdrop of the total fully diluted value by converting 12.5 million points into LIT. The token is issued by a U.S.-registered C-Corporation and is designed to power Lighter’s trading systems, with staking required for higher-level services. Lighter also plans to use revenue for ecosystem growth or token buybacks.