Lighter (LIT)

$LIT is brewing and reaching targets. 🔥 Stay away from $epic and $tlm coins. https://t.co/4wjdwKxfV8

➠ @Lighter_xyz is building one of the strongest narratives in on-chain trading. Over the past few weeks, the team has: • Updated its tokenomics with programmatic buybacks and token burns • Integrated directly into Robinhood Wallet on Robinhood Chain • Confirmed options trading is coming in Q3 • Started working toward becoming a regulated decentralized perpetuals exchange in the U.S. The @RobinhoodApp partnership is the real story. Instead of fighting for the same crypto-native users, Lighter now has access to one of the largest retail distribution channels in the industry. That's an advantage very few perpetual DEXs can match. The tokenomics update also changes the equation. The protocol is pushing toward a revenue → buyback → burn model, creating a direct link between protocol activity and token supply. One thing I'll be watching is how the team handles the first burn, since they've said unallocated tokens could be burned instead of the tokens bought back from the market. Transparency there matters. Then there's options. Adding options alongside perpetuals expands the platform beyond directional trading and opens the door to more advanced strategies, deeper liquidity, and higher user retention. Execution, revenue growth, and continued user adoption will determine whether the market absorbs that supply. Lighter is no longer just another perpetual DEX. It's building a full-stack on-chain derivatives platform with Robinhood serving as a powerful distribution layer.

The Story Is The License For Lighter. Everyone is quoting the same number on the Robinhood x Lighter deal about 28 million users. The perps are not available in the US, UK, Canada, Switzerland, Singapore, or the UAE. Robinhood's home market is the US. So the 28m headline and the people who can actually open a perp on Lighter are two very different crowds. It changes what the story is. ✅ $LIT jumped 24% and the protocol started burning it, 15.5m gone in the first buyback ✅ Robinhood is covering gas and charging zero perp fees for 90 days to pull the eligible regions in ✅ the roadmap is cross-asset margin, options, and a CFTC license This isn't Lighter winning the perp war. It's @Lighter_xyz quietly repositioning from a perp DEX into a full onchain asset-management layer, with Robinhood as the distribution rail for everywhere the US rules don't reach. The headline is the users. The story is the license.

extended just closed a $12.5m round today. @eToro led, jump crypto participating the pattern that matters: > robinhood → @Lighter_xyz (2x LIT via robinhood wallet) > eToro → @extendedapp (perp engine integrated into zengo self-custody wallet) in one week, two of the biggest retail brokers globally publicly commit to onchain perp DEX infrastructure. not their own products. through partnerships extended runs on starknet. 100+ markets including tradfi (EUR/USD, gold, S&P 500, oil, nasdaq). the eToro/zengo integration matters because eToro has 40m retail users. now they route perp volume through a self-custody wallet to an onchain DEX. hyperliquid still owns the crown. but the competition now has retail broker distribution behind it. that changes the medium-term math and if the broker convergence thesis is real, being on extended points before TGE can be a really good bet

Missed @lighter_xyz's Q2 Investor Call? Here's the TL;DR 👇 Overall, it was a strong update. My biggest takeaway is that Lighter is clearly building for institutional adoption. Almost every major announcement pointed in that direction. That said, one thing was noticeably missing: Season 3. That's what I missed the most. Here are my biggest takeaways: 🔹100% of protocol revenue continues to go towards LIT buybacks. 6M LIT were bought back in Q2, with token burns also planned. 🔹 Around half of the circulating supply is staked, with a 6% staking yield target. 🔹Lighter keeps improving its infrastructure, cutting costs by over 50% while making the platform much faster. 🔹 RWAs continue to grow. New markets include SpaceX, STRC and pre-IPO names like Anthropic and OpenAI. 🔹 The RFQ program has already processed over $1B in volume, improving execution for RWAs and less liquid assets. 🔹 New order types (TWAP, Atomic and Chase Limit) are now live, with more trading tools on the way. 🔹 ETH is now available as collateral, and the roadmap includes BTC, more stablecoins, tokenized gold and even stocks. 🔹Long-term, users will be able to use tokenized equities as collateral across perpetuals, options and yield products. 🔹Lighter is now integrated with Robinhood Wallet, while ecosystem integrations have already generated $6.4B in trading volume. 🔹The team is working with the CFTC towards becoming a regulated US exchange. To me, this reinforces the idea that Lighter is building the infrastructure institutions will eventually need, not just another crypto trading platform. Overall, the team seems focused on scaling the product, expanding distribution and preparing for the next wave of adoption. The only thing I really missed was an update on Season 3. No timeline, no teaser, no details. Hopefully we'll hear more about it soon, as I think it's what much of the community was waiting for.

From aggressive token burns to supply reductions and inflation shutdowns, tokenomics became the biggest narrative this week. This time it's: $LIT ( @Lighter_xyz ) $ASTER ( @Aster_DEX ) $S ( @SonicLabs ) Here are 3 stories you shouldn't miss 👇 1️⃣ Lighter Introduces Permanent Revenue-Funded Burns ( $LIT ) Lighter is moving from a buyback-and-hold model to a fully deflationary system. 🔹 All revenue buybacks now burned 🔹 First burn: 15.5M LIT 🔹 ~6.3% of circulating supply 🔹 Staking rewards separated The perp DEX will now permanently remove every revenue-funded buyback from circulation, directly linking exchange activity to long-term supply reduction. 2️⃣ Aster Executes First Buyback-Linked Burn ( $ASTER ) Aster completed the first burn under its upgraded tokenomics just 12 days after launch. 🔹 2.9M ASTER burned 🔹 99% of fees fund buybacks 🔹 Rewards sent to veASTER stakers 🔹 Bi-weekly burns continue Each buyback now triggers a matching burn from team reserves, creating a dual model focused on both yield and supply reduction. 3️⃣ Sonic Skips 47.6M Token Mint To Reduce Inflation ( $S ) Sonic Labs skipped its scheduled annual token issuance and signaled a long-term move toward ending inflation. 🔹 47.6M $S mint skipped 🔹 No new supply issued in 2026 🔹 Inflation reduction planned 🔹 Validator rewards still unresolved The decision reflects growing community pressure for scarcity, though Sonic still needs to solve how validator incentives will work without future inflation.