Lighter DEX introduces LIT token, distributing 25% via airdrop.

Ethereum-based Layer 2 decentralized exchange Lighter has launched its native token, the Lighter Infrastructure Token (LIT), as it seeks to better align traders, developers and investors while bridging traditional finance and decentralized markets.

LIT’s supply is split evenly between the ecosystem and the team and investors. Half of the tokens are allocated to ecosystem initiatives, including an immediate airdrop that converts 12.5 million points earned by early users in 2025 into LIT. The airdrop represents 25% of the project’s fully diluted token supply, with the remaining ecosystem allocation reserved for future incentives, partnerships and expansion.

The other 50% of the supply is allocated to the team (26%) and investors (24%), with those tokens subject to a one-year lockup followed by a three-year linear vesting schedule, according to a post by Lighter on X. LIT is issued directly by Lighter’s operating entity, which is registered as a U.S. C-corporation.

Lighter said LIT is designed to support infrastructure that enables value exchange across both traditional finance and decentralized finance, emphasizing efficiency, transparency and verifiability as core principles.

Data from a Dune-based tracker shows perpetuals traded on Lighter have averaged $2.7 billion in volume over the past seven days, ranking the platform third behind Hyperliquid and Aster. Hyperliquid’s HYPE token currently has a market capitalization of about $6.26 billion, making it the 29th-largest digital asset globally.

LIT is positioned as a core infrastructure token rather than a simple governance asset. It underpins Lighter’s execution and data verification systems, with users required to stake increasing amounts of LIT to access higher service tiers as the network becomes more decentralized.

Participants and data providers also pay fees in LIT to access market data and price verification services, with staking mechanisms designed to support data integrity and risk management.

Lighter said revenue generated from its trading platform and future products will be transparently tracked onchain. The company may deploy that revenue to support ecosystem development or conduct token buybacks, depending on market conditions and long-term strategy, without committing to a fixed timeline.