LIT is criminally undervalued at < 5% of HYPE.
Criminally undervalued for the talent and new features ahead.
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LIT is criminally undervalued at < 5% of HYPE.
LIT HYPE
As HYPE rises
perp Dex's big 3 LIT also
rising together
(This post is not investment advice) https://t.co/VhfZIz5Fyh
HYPE
The main player of this issue is HYPE
Funds are flowing into the perp Dex
CEX out!!
(Not investment advice) https://t.co/LEUwAAYbW2
🎗️Extended: FDV to Points Conversion
by this time, @extendedapp is leading on @starknet and in the top 10 perp dex by volume.
– $208M TVL
– $64.5M fee annualized
– $145B cumulative volume
– $378.68M OI
farming XPoints now is kinda like farming $LIT last year. and we already see otc trading around $2–$3 per point, so this could be another 5-fig airdrop.
let’s calculate it more specifically.
they introduced emissions at 1.2M points / week starting Apr 2025, so ~40M points already emitted.
projecting forward to Q2 TGE, call it ~80M total points to keep things simple.
if 30% of supply goes to points, the only variable left is FDV.
run the math.
1/ bear case: $300M FDV (highest odds on Polymarket) – 30% = $90M to points – $90M / 80M pts ≈ $1.1 per point
2/ base case: $1B FDV as a reasonable mid-tier perp – $300M / 80M pts ≈ $3.75 per point
3/ bull case: $1.8B FDV (around where $LIT trades) – $540M / 80M pts ≈ $6.75 per point
which also means people doing OTC at $2–3/pt are implicitly valuing Extended
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