2025-12-26 19:23:06

LIT is a decentralized on-chain contract platform for DEX. It is currently in the pre-launch contract phase, and the spot market has not yet gone live. Some market participants are continuously shorting to lock in hedging profits of their LIT holdings.

In terms of trading activity, LIT ranks first in 24-hour trading volume, comparable to the popularity of HYPE. The initial circulating supply is expected to be around 250 million tokens. From a market capitalization perspective, comparing HYPE and ASTER, LIT's current price is estimated to be at a relatively reasonable level.

The competition in the DEX decentralized contract exchange sector is fierce, and it is still uncertain who will ultimately succeed. But from the current landscape, Lighter has indeed shown strong competitiveness. The development of this field is still in its early stages, and there are many variables ahead.

HYPE3,12%

ASTER1,02%

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gas_fee_therapist

· 8h ago

It's so competitive before the market opens; spot trading is about to explode. What are the short sellers and hedgers waiting for? Can they really lock in profits? Being the number one in trading volume sounds good, but this track is too crowded. Lighter has some potential, but no one can predict early on.

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ForkTongue

· 14h ago

Trading volume leads before the market opens? I've seen this trick before. Once the spot market goes live, it might plummet.

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StableNomad

· 14h ago

honestly the shorts locking in profits before spot launch feels like we've seen this movie before—reminds me of UST in May, except this time it's allegedly "rational hedging". statistically speaking, 250m circulating is... a lot when you actually do the math on fully diluted. not saying it's a rug waiting to happen but the risk-adjusted returns here are looking spicy ngl

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GweiWatcher

· 14h ago

The contract is so popular that we've already set our sights on LIT. The spot market hasn't even opened yet, and the excitement is already this high. Once it launches, it will probably trigger another wave of rapid rise and sell-off.

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ApeDegen

· 14h ago

Pre-market futures are being traded so aggressively, and the spot market is going crazy once it goes live. By then, the sell-off might be so intense that it could break me. Short hedging sounds quite professional, but in reality, it's just someone using your enthusiasm to lock in profits for themselves. A circulation of 2.5 billion compared to those two, if the price were truly reasonable, I would be convinced. But it just feels like hype. The DEX space is so crowded now. Who knows how long Lighter can last? Anyway, I don't believe any of them can dominate. First in trading volume? Just hot money speculation. Once the spot market launches, we'll see what's real and what's not.

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Ser_Liquidated

· 14h ago

Pre-market futures are already this intense, and after the spot trading goes live, it might explode. I'm a bit worried. Short sellers and hedgers are also quite smart, locking in profits early. Wait, is a circulating supply of 250 million compared to HYPE really reasonable at this price? The DEX track is so competitive; honestly, it's hard to say how long Lighter can last.

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DustCollector

· 14h ago

Pre-market trading volume is already the highest? These people are really desperate. The spot market hasn't even gone live, and they're playing so aggressively. --- A circulating supply of 250 million compared to HYPE... it doesn't seem that cheap. It looks reasonable but is actually quite risky. --- The DEX track is so competitive. How long Lighter can hold on is uncertain; anyway, I'm just watching. --- Those doing short hedging are waiting here. The real showdown will be on the day the spot market goes live. --- High trading activity doesn't necessarily mean a bright future. This wave might just be a pre-hype bubble. --- Big uncertainties early on mean anything can happen... Those who understand, understand.

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