Catenaa, Saturday, January 03, 2026- Ethereum-based decentralized perpetuals exchange Lighter has launched its native token, LIT.

LIT outlines a supply structure that directs half of all tokens toward ecosystem growth ahead of its token generation event.

Lighter said 50% of the total LIT supply is reserved for the ecosystem. Of that amount, 25% of the fully diluted value will be distributed through an airdrop to users who participated in the platform’s first two points seasons in 2025.

The remaining ecosystem allocation will be used for future incentive programs and strategic partnerships.

The Lighter team will receive 26% of the token supply, while investors are allocated 24%. Both portions are subject to a one-year lockup followed by linear vesting over three years.

The exchange said revenue generated from its decentralized trading platform and future products built on its infrastructure will be visible onchain.

Those proceeds are planned for growth initiatives and token buybacks tied to the LIT ecosystem.

Lighter also plans to link access to parts of its transaction infrastructure and fairness verification systems to LIT staking.

These functions are expected to decentralize in stages over time as the network develops.

The LIT-USDC trading pair went live early Tuesday. The token was trading near $2.34 in early U.S. hours, below its reported pre-market level of about $3.25.

Lighter launched its public mainnet in October and has grown into one of the largest decentralized perpetuals exchanges by volume.

The platform recorded about $292.5 billion in trading volume in November, according to industry data.

The company raised $68 million in November at a $1.5 billion valuation and expanded into spot trading earlier this month.