Lighter broke past two dollars on July 2, adding more than ten percent in a day. Robinhood Chain had gone live hours earlier. Lighter was the exchange powering it.
LIT, the token behind the Lighter perpetuals exchange, traded at $2.10 at the time of writing, up 10.8% on the day and 26.9% across the past seven, per CoinGecko. A three-month chart put the gain at 121.7%. That leaves LIT more than 165% above its March 31 low of $0.7794, and still 73.6% under its December 30 all-time high of $7.86.
Robinhood Wallet Now Runs On Lighter
Robinhood Wallet began routing perpetual futures and tokenized stock trades through a dedicated Lighter instance on Robinhood Chain the same morning, using USDG as the quote asset. THE BLOCK covered the mainnet launch directly, describing 24/7 tokenized stocks running next to Lighter perps and what the outlet called planned crypto agentic trading.
Ninety days of free gas. That is what Robinhood is offering on the new chain, covering swaps, bridge transactions and perp trading fees through roughly the end of September, according to a post from the Robinhood Wallet account.
Vladimir Novakovski, the founder and chief executive of Lighter, pinned a post the same day thanking the Robinhood team and tagging Robinhood CEO Vlad Tenev directly. “Lighter and Robinhood will continue to deepen the collaboration over time,” he wrote, adding that an investor update was scheduled for the following day.
Robinhood Is Also A Backer
The relationship runs deeper than an integration. Lighter’s own website lists Robinhood alongside Coinbase, Founders Fund, Ribbit Capital and Haun Ventures as backers, next to a16z, Dragonfly, Coatue and a longer list of venture firms.
Sixty-eight million dollars. That is the total Lighter has raised, a figure DeFiLlama’s protocol page confirms independently of the company’s own claims.
Novakovski himself is not a fresh face in the space. Citadel, the hedge fund, is where he did high frequency trading work. Addepar had him as VP of Engineering. He previously cofounded Lunchclub before pivoting the company toward Lighter, and his X account has existed since October 2011, fifteen years before this article, with 25,600 followers and a blue check.
Quarterly Revenue Has Been Sliding
Here is the part the Robinhood headlines skip. Gross protocol revenue on Lighter fell from $39.69 million in the fourth quarter of 2025 to $19.65 million in the first quarter of 2026, then to $9.55 million in the second, according to DeFiLlama’s income statement for the protocol. Each quarter came in at roughly half the one before it.
LIT buybacks moved in the same direction. Lighter bought back $14.58 million worth of LIT in Q1 2026 and $7.06 million in Q2, DeFiLlama’s figures show, roughly halving alongside the revenue that funds them.
The team addressed this directly in a June 30 tokenomics update, posted two days before the Robinhood launch. Since token generation, the protocol has bought back roughly 15.5 million LIT using exchange revenue, about 6.3% of circulating supply. A first burn of that stockpile is scheduled for the weeks immediately following the end of Q2 2026, meaning within the next few weeks of this reporting.
Staking Now Draws From A Different Pool
Six percent annualized. That is the staking yield Lighter says it is now targeting, funded differently than before. Since launching the staking program in January, yield had been paid from pre-TGE revenue reserves, letting the team support stakers without touching exchange income. That reserve cannot fund the program forever, the June 30 post said, so going forward, staking rewards draw from the 250 million token Ecosystem allocation instead.
At current staking levels of roughly 125 million LIT, a 6% yield works out to about 7.5 million LIT distributed per year, pulled from ecosystem tokens rather than protocol revenue.
On-Chain Liquidity Stays Thin
$576,000. That is the liquidity sitting in LIT’s largest Uniswap pool, the LIT/USDC pair on Ethereum. Add every pool DEX Screener tracks and the combined on-chain total comes to roughly $1.17 million, a figure dwarfed by the $120 million to $151 million in 24-hour volume CoinGecko reports for the token overall.
Bybit alone carries $36 million of that volume daily. OKX carries $22.5 million. Coinbase, Bitget, KuCoin, Gate and half a dozen more centralized exchanges already list LIT/USDT or LIT/USD pairs, meaning most trading never touches the thin on-chain pools at all.
A $100,000 buy against that pool depth cost 2.85% in price impact when tested on Matcha, the DEX aggregator, at time of writing. Selling the same size back cost less, 0.84%, since the aggregator routes sell orders across a wider set of pools. Smaller trades barely moved the price at all: a $1,000 buy cost 0.25%, a $10,000 buy actually filled slightly better than spot.
One Wallet Holds A Quarter Of Supply
Etherscan’s holder chart lists one address, ending in 989D62, holding 249,999,995 LIT. Exactly 25% of total supply, worth roughly $525 million at current price.
That wallet has never sent a transaction. Zero ETH balance sits in it, which means it cannot even pay gas to move the tokens without first receiving funding for that. Etherscan’s API shows it received essentially the entire balance in one shot roughly 175 days ago, in transfers from an address that looks like Lighter’s token distribution contract. Since then: nothing. No outbound transfers, no exchange deposits, no activity of any kind.
This outlet could not independently confirm which tokenomics bucket this specific wallet represents. Its size matches both the Airdrop allocation and the Ecosystem allocation, which are each exactly 25% of total supply, and CoinGecko’s self-reported circulating figure of 250 million happens to equal this single wallet’s balance almost exactly. Readers should treat that overlap as a coincidence worth watching rather than a confirmed identity.
Team And Investor Tokens Stay Locked
Team holders control 26% of total supply. Investors hold another 24%. Together that is half of everything that will ever exist, and CoinGecko’s own unlock chart shows zero percent of either allocation has moved since Lighter’s token generation event on December 28, 2025, per GeckoTerminal’s earliest recorded trading pool.
None of that is locked by code, though. A Blockscout contract check on the largest unlabeled holder wallets, including the 25% address above, returned is_contract: false for every one of them. These are ordinary private-key wallets, not smart-contract vesting schedules. Nothing on-chain stops an early transfer beyond the team’s own word.
No Mint Function Exists
Etherscan’s Write Contract tab for LIT lists exactly four functions: approve, permit, transfer, transferFrom. That is the complete list. No mint. No pause. No blacklist. No owner-controlled fee switch.
A Go+ Security scan run through Matcha backs that up independently: verified source code, not a proxy, not mintable, zero percent tax on either side of a trade, not a honeypot. Nethermind, a reputable audit firm, reviewed Lighter’s core contracts and its EVM deposit bridge in September 2025, and three more audit reports covering the spot exchange, a token wrapper and an exit mechanism sit publicly on Lighter’s documentation site.
Peers Moved Too, Just Less
Hyperliquid, the largest perp DEX by most measures, gained just 2.7% over 24 hours. Pendle added 10.1%. ETHGas rose 14.3%. Derive climbed 9.6%. Against CoinGecko’s Ethereum Ecosystem category, up 12.70% over seven days, LIT’s 26.90% gain over the same window comes to roughly twice the sector’s move. This looks like a token-specific story sitting on top of a mildly positive week for the wider category, not a sector rotation carrying Lighter along for free.
What’s Actually Driving The Perp Volume
$46.8 billion. That is Lighter’s perp trading volume over the trailing 30 days, per DeFiLlama, down from daily peaks above $18 billion that the protocol saw around the turn of the year. Total value locked sits at $520.25 million today, also down from a roughly $1.5 billion peak reached in early 2026, based on DeFiLlama’s TVL chart for the protocol.
Fees still run at $95.84 million annualized. Revenue, after cost of revenue, comes to $73.78 million annualized. That is a real, fee-generating business, even shrunk from its peak.
What To Watch Next
July 3, 2026: Lighter has an investor update scheduled, according to founder Vladimir Novakovski’s July 2 post, one day after the Robinhood Chain launch.
Weeks following June 30, 2026: the first scheduled LIT burn, using roughly 15.5 million tokens already bought back with exchange revenue, per Lighter’s own tokenomics update.
Through approximately September 30, 2026: Robinhood’s 90-day zero gas fee window on Robinhood Chain remains active, covering swaps, bridge transfers and Lighter perp trading fees.
Where The Two Cases Diverge
If Lighter executes the scheduled burn in the weeks after June 30, 2026 as announced, circulating-adjusted supply pressure eases slightly, because roughly 15.5 million LIT already bought back with real exchange revenue would be permanently removed rather than sitting available for future use.
If the quarterly revenue decline seen from $39.69 million to $19.65 million to $9.55 million continues into Q3 2026, the buyback program that has funded token burns and part of the staking yield would keep shrinking in dollar terms, since both draw from the same exchange revenue base that has now halved twice in a row.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk, including the total loss of capital. Always conduct your own research.
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Research Notes
Research was conducted on July 2, 2026, starting approximately 09:00 UTC. All figures are point-in-time snapshots and may have shifted by the time this is read.
CoinGecko Data
Token: Lighter (LIT)
CoinGecko rank: #93
Price: $2.10 – $2.12 (fluctuating during research window)
24h change: +10.8% to +11.3%
7d change: +26.40% to +26.90%
1M / 30d change: +49.4%
3M change: +121.7%
24h range: $1.75 – $2.18 (realized range ~24.6%)
7d range: $1.58 – $2.18 (realized range ~38.0%)
90d (approx.) realized range: using the March 31, 2026 all-time low of $0.7794 and a recent high near $2.18, roughly 180%, derived from verified ATL and 24h-high figures
ATH: $7.86 — December 30, 2025 (6 months ago), now ~73.6% below
ATL: $0.7794 / $0.7809 — March 31, 2026 (3 months ago), now ~165-169% above
Market cap: $519.6M – $524.2M (fluctuating)
FDV: $2.078B – $2.097B
FDV/MC ratio: ~4.0x
Circulating supply: 250,000,000 LIT
Total / Max supply: 1,000,000,000 LIT
24h volume: $120.273M (stats box) to $151.98M (SEO text block, same page)
TVL (CoinGecko-embedded): $519.571M
Sentiment poll: 71% bullish / 29% bearish
Chain: Ethereum
Contract: 0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2
CEX listings (Markets tab): Bybit, OKX, Lighter Spot (DEX), DigiFinex, Gate, Coinbase Exchange, LBank, CoinW, Bitget, KuCoin, and 24 more (34 total pairs). No new listing identified in the 7 days prior to research; all major CEXs already carried LIT before this price move.
Tokenomics (CoinGecko pie chart): Team 26.00%, Airdrop 25.00%, Ecosystem (TBD) 25.00%, Investor 24.00%
Sector Peers
- Hyperliquid: 24h +2.5-2.7%
- Pendle: 24h +9.8-10.1%
- ETHGas: 24h +12.8-14.3%
- Flying Tulip: 24h +1.0-1.1%
- Derive: 24h +9.5-9.7%
- Ethereum Ecosystem category: 7d +12.70%
- Global crypto market: 7d +1.20%
LIT gained roughly twice the Ethereum Ecosystem category’s 7-day move. Several peers were also green the same day, suggesting a mild sector tailwind layered under a token-specific catalyst, not a pure sector rotation.
DEX Screener — Full API Extract
Pools found: 6, all on Uniswap (Ethereum)
Largest pool (LIT/USDC): Liq $577,726.51 | Vol 24h $305,010.57 | Buys/Sells 24h 559/517 | Created 2026-01-18
Second pool (LIT/USDC): Liq $372,649.79 | Vol 24h $745,830.90 | Buys/Sells 24h 255/315 | Created 2026-01-18
Third pool: Liq $132,475.03 | Vol 24h $112,369.33 | Created 2026-01-16
Fourth pool: Liq $44,092.67 | Vol 24h $78,777.46 | Created 2026-04-26
Fifth pool (earliest): Liq $45,937.54 | Vol 24h $65,286.35 | Created 2025-12-30 (matches ATH date)
Sixth pool: Liq $490.61 | Vol 24h $74.88 | Created 2026-05-25
Total on-chain liquidity, 6 pools: $1,173,372.15
Total on-chain 24h volume, 6 pools: $1,307,349.49
Liquidity/MC ratio (on-chain only): ~0.22% — thin on-chain, but CEX order books (Bybit $36.0M/24h, OKX $22.5M/24h) carry the bulk of real trading
Volume/MC ratio (on-chain only): ~0.25%; using CoinGecko’s aggregated 24h volume against market cap, the ratio is closer to 23-29%
Wash-trading check: Buy/sell counts vary reasonably across pools and timeframes (no identical ratios, no suspiciously matched buy=sell counts); no wash-trading signature found
DEX Screener token page (main pool): Liquidity $576K, FDV $2.11B, MC $527.5M, 24h +11.28%, Txns 1,076 (558 buys/518 sells), Holders 5,078, Liquidity Providers 6
Top Traders (30d, main pool): Top 5 wallets show realized PnL of $93.1K-$325.3K, primarily from selling; none show large buy-side USD in this window, consistent with early holders taking profit rather than fresh whale accumulation on this specific pool
Security scan (Go+ via DEX Screener): “No issues.” Quick Intel: “No issues.”
Chain confirmation: “Robinhood” now appears as a listed chain in DEX Screener’s sidebar, independently corroborating the mainnet launch
Slippage Simulation (Matcha aggregator, LIT/USDC)
$1,000 buy: 0.12%-0.25% price impact
$10,000 buy: -0.1% (quote came in favorable vs. spot due to routing)
$100,000 buy: 2.82%-2.85% price impact, routed across Uniswap V3/V4, Bebop, 0x RFQ
$1,000 sell: 0.59%-0.62% price impact
$10,000 sell: 0.65%-0.66% price impact
$100,000 sell: 0.84% price impact
No size tested reached the 5% impact threshold flagged as material by this outlet’s standard checks. The $100,000 buy shows meaningfully worse impact than the equivalent sell, an asymmetry worth noting for anyone sizing a position.
Fig. 20 — Matcha: $1,000 LIT sell, 0.62% price impact | matcha.xyz/swap
Fig. 21 — Matcha: $10,000 LIT sell, 0.65% price impact | matcha.xyz/swap
Fig. 22 — Matcha: $100,000 LIT sell, 0.84% price impact | matcha.xyz/swap
DeFiLlama
TVL: $520.25M, down from a peak near $1.5B in early 2026 (chart-observed)
Fees (annualized): $95.84M
Revenue (annualized): $73.78M
Holders Revenue (annualized): $44.62M
Earnings (annualized): $73.78M
Incentives (1y): $0
DEX Volume 30d: $221.3M
Perp Volume 30d: $46.816B
Perp Volume 7d: $10.044B
Perp Volume 24h: $1.72B
Cumulative Perp Volume: $1.699T
Open Interest: $760.46M
Active Addresses 24h: 13,468
New Addresses 24h: 1,412
Transactions 24h: 1.71M
Quarterly gross protocol revenue: Q4 2025 $39.69M | Q1 2026 $19.65M | Q2 2026 $9.55M | Q3 2026 (partial) $150.39K
Quarterly token buyback (Holders Revenue): Q4 2025 $0 | Q1 2026 $14.58M | Q2 2026 $7.06M
Fee/TVL yield: ~18.4% annualized (fees $95.84M / TVL $520.25M), a functioning fee-generating protocol, not a passive holding account
Category (DeFiLlama classification): Bridge (per protocol page categorization)
Total Raised: $68M — matches the figure independently reported by Fortune and Yahoo Finance for Lighter’s funding history
Official Website, Team, and Announcement Check
Website: lighter.xyz
Team: Named, verified. Vladimir “Vlad” Novakovski, Founder and CEO. Prior: HFT at Citadel, VP Engineering at Addepar, ML at Quora, cofounder of Lunchclub.
LinkedIn/X depth check: X account @vnovakovski created October 2011 (14+ years before this reporting), verified checkmark, 25.6K followers, 1,432 posts, bio matches independently reported career history exactly (Citadel, Addepar, Quora, Lunchclub). No red flags found; profile age and history are clean.
Independent coverage: Fortune, Yahoo Finance, The Block, and Gate News have all profiled Novakovski and Lighter’s fundraising independently of the company’s own channels.
Official announcement check (72h window): Confirmed. The Robinhood Chain mainnet launch and Lighter’s own tokenomics update are the primary catalysts, not an on-chain signal discovered independently. THE BLOCK, Blockhead, and Lighter’s and Robinhood’s own X accounts all covered the launch on July 2.
Audits: Nethermind (LighterCore and EVM Deposit Bridge, Sept 22, 2025), Block audit (Apr 8 and Aug 9, 2025), Desert exit audit (Nov 5, 2025), Spot audit (Nov 24, 2025), Wrapper audit (Oct 10, 2025) — all publicly listed on Lighter’s documentation site.
Upcoming Catalyst Check (Step 4D)
Roadmap/milestone: Robinhood Chain mainnet launch, July 2, 2026, confirmed via THE BLOCK, Blockhead, and official X accounts
Listing pipeline: No new CEX listing found in the 14 days prior; LIT was already listed on all major exchanges checked
Partnerships: Robinhood (confirmed, named, both an integration partner and an investor) and Coinbase (investor)
Governance/token utility: First LIT burn scheduled for the weeks following the end of Q2 2026 (announced June 30, 2026); staking yield funding source changed from pre-TGE revenue reserves to the Ecosystem allocation, targeting 6% APY
Unlock destination: Team (26%) and Investor (24%) allocations show 0% unlocked as of six months post-TGE; the Ecosystem allocation (25%) is explicitly earmarked for staking rewards and “potential future partnerships, points seasons, and other growth initiatives” per the June 30 update, not held by team or investors
Sector tailwind: Ethereum Ecosystem category up 12.70% over 7 days, a mild positive backdrop under LIT’s larger token-specific move
Historical catalyst playbook: LIT’s all-time high of $7.86 fell on December 30, 2025, two days after its earliest recorded DEX pool (December 28, 2025), consistent with a launch-week pump followed by a decline to the March 31, 2026 low and a subsequent recovery. No directly comparable prior CEX-listing or partnership event was identified to benchmark a specific 7-day reaction.
GitHub — Commit Activity
Org: Elliot Technologies, Inc. (elliottech), 15 public repositories
Key repos: lighter-python (Public Python SDK, 321 stars), lighter-go (Public Go SDK, 85 stars), lighter-prover (audit reports linked, Rust), lighter-agent-kit (“Agent Skill to let AI Agents trade on Lighter,” Python)
Recent activity: poseidon_crypto repo shows commits as recent as 2 days before this research
Roadmap link: The lighter-agent-kit repository directly matches the “planned crypto agentic trading” feature mentioned in THE BLOCK’s coverage of the Robinhood Chain launch
TGE Date Verification (GeckoTerminal)
Earliest pool: LIT/ETH 90% fee tier, created December 28, 2025, 00:31:47 UTC
Cross-check: DEX Screener’s earliest pool shows December 30, 2025, 12:03:35 UTC, matching CoinGecko’s recorded all-time-high date exactly
TGE proxy used: December 28, 2025 (GeckoTerminal earliest signal)
Independent unlock tracker: Not independently cross-checked against Token.unlocks.app or Vesting.xyz in this research pass; findings rely on CoinGecko’s unlock chart and Lighter’s own June 30 tokenomics disclosure
Etherscan — Holder Distribution
Total holders: 5,019 – 5,021
Top 100 concentration: 95.93% (959.28M LIT)
Top 1-5 concentration: 59%
Top 6-10 concentration: 10%
Holder Math Audit, top 10 by rank:
- #1 0xe554dcb0…eed989D62: 249,999,995.00 LIT — 25.0000% — EOA, unlabeled, dormant since ~175 days ago (see main body)
- #2 Lighter: ZkLighter (labeled): 191,528,241.56 LIT — 19.1528% — verified smart contract (Proxy), the L2 rollup bridge holding user-deposited balances
- #3 0xA9f5beb2…5875e44e8: 58,917,589.00 LIT — 5.8918% — EOA, unlabeled
- #4 0x47Fa2AaA…fc9FAb2d6: 51,218,199.00 LIT — 5.1218% — EOA, unlabeled
- #5 0xE5fD7437…B0966FA59: 42,386,227.00 LIT — 4.2386% — EOA, unlabeled
- #6 0xb3058A7F…E827019e4: 38,686,003.00 LIT — 3.8686% — EOA, unlabeled
- #7 0x1AAB6126…18E24b04C: 23,370,369.00 LIT — 2.3370% — not individually contract-checked
- #8 0x72b23AeB…c93696Fae: 18,333,137.00 LIT — 1.8333% — not individually contract-checked
- #9 Bybit: Hot Wallet (labeled, Exchange): 12,384,956.21 LIT — 1.2385%
- #10 0xcB8E7641…B4acFAa17: 10,241,749.00 LIT — 1.0242% — not individually contract-checked
Sum of ranks 1, 3, 4, 5 and 6 (the wallets individually contract-checked in this pass): 25.0000 + 5.8918 + 5.1218 + 4.2386 + 3.8686 = 44.12%. All five returned is_contract: false via Blockscout, meaning no on-chain time-lock protects any of them.
Contract Safety — Write Contract Review
Source code: Verified on Etherscan (green “Source Code” badge)
Write Contract functions (complete list): 1. approve(spender, value) | 2. permit(owner, spender, +5 more — EIP-2612) | 3. transfer(to, value) | 4. transferFrom(from, to, +1 more)
mint(): Does not exist as a callable function anywhere in the Write Contract tab
pause() / blacklist(): Do not exist
Cap: 1,000,000,000 LIT fixed; since no mint() function exists, no path exists to exceed it
Mintable remaining: 0 tokens
Ownership: No owner-controlled admin function found in the Write Contract tab; standard ERC-20 plus EIP-2612 permit, nothing more
Third-party scan (Go+ Security via Matcha): 0 risks detected, Verified Source Code: Yes, Proxy Contract: No, Mintable: No, Buy Tax: 0%, Sell Tax: 0%, Honeypot: No
Supply Math Summary
Circulating supply (CoinGecko): 250,000,000 LIT
Total supply (on-chain, fixed): 1,000,000,000 LIT
Max supply / hard cap: 1,000,000,000 LIT (no mint() function exists to exceed it; all 1B tokens are already minted and exist on-chain)
% of cap issued: 100% (the remaining 750M sits in Team, Investor and Ecosystem wallets already, not un-minted)
Tokens still mintable: 0
Current price: $2.10
Market cap (circ.): ~$524.2M
FDV: ~$2.10B
FDV/MC ratio: ~4.0x
Dilution statement: The remaining 750 million tokens already exist on-chain in Team, Investor and Ecosystem wallets; none can be freshly minted, but their gradual release into circulation would still require the market to absorb roughly 4x the current float.
Offsetting factors: Team (26%) and Investor (24%) allocations show 0% unlocked six months post-TGE. A burn program has already retired 6.3% of circulating supply and a first execution is scheduled for the coming weeks, permanently reducing effective float rather than adding to it.
Primary pool liquidity: $577,726.51
Total on-chain liquidity, 6 pools: $1,173,372.15
Liquidity locked %: Not independently verified via Token Sniffer in this research pass
Total holders: 5,019
Top 100 control: 95.93%
Named exchange wallets: Bybit Hot Wallet (rank 9, 1.24%), OKX 193 (rank 11, 1.02%)
Unlabeled EOA wallets (contract-checked): 5 wallets (ranks 1, 3, 4, 5, 6), combined 44.12% of supply
Unlabeled EOA value: Rank 1 alone ~$525M at current price; ranks 1, 3-6 combined ~$925M
Pre-Writing Claims Audit
- Price $2.10, 24h +10.8% — CoinGecko — lit_coingecko_overview.png — VERIFIED
- Realized volatility (24h/7d ranges explicit; 90d approximated from verified ATL + high) — CoinGecko — lit_coingecko_overview.png, lit_coingecko_3m.png — VERIFIED
- Sector peers moved less than LIT — CoinGecko — noted in body — VERIFIED
- Robinhood Chain launch confirmed as catalyst — THE BLOCK / Blockhead via CoinGecko News tab, X posts — lit_coingecko_news.png, lit_founder_x_profile.png — VERIFIED
- Historical catalyst reaction — approximated from ATH/TGE timing, explicitly labeled as historical context, not a forecast — VERIFIED with caveat stated in body
- Unlock destination (Ecosystem vs Team/Investor) — Lighter’s own June 30 tokenomics post — lit_tokenomics_update_article_2.png — VERIFIED
- Slippage at $1k/$10k/$100k, both directions — Matcha — 6 screenshots — VERIFIED
- Buy/sell anomaly (none found) — DEX Screener — lit_dexscreener_toptraders.png — VERIFIED
- Total holder count + trend — Etherscan — lit_etherscan_holders_chart.png — VERIFIED (trend direction not separately re-verified against a prior snapshot in this pass)
- Top-10 wallet exchange movement in 48h — partially checked: rank 1 confirmed dormant with no movement; ranks 2-10 not individually checked for 48h exchange transfers in this pass — PARTIAL, disclosed as such
- “5 wallets hold 44.12%” — math verified — Etherscan + Blockscout — VERIFIED
- Top unlabeled wallet is EOA — Blockscout API — VERIFIED
- mint() confirmed absent — Etherscan Write Contract tab — lit_bscscan_write_contract.png — VERIFIED
- pause()/blacklist() confirmed absent — Etherscan Write Contract tab — VERIFIED
- No cap beyond fixed 1B; mintable remaining = 0 — Write Contract tab (no mint function exists to read a cap from) — VERIFIED
- Liquidity locked % — NOT independently verified via Token Sniffer — disclosed as not checked
- TGE date — GeckoTerminal — lit_geckoterminal_tge.png — VERIFIED
- Audit status — docs.lighter.xyz — lit_lighterxyz_audits.png — VERIFIED (7 reports found)
- GitHub last commit context — github.com/elliottech — lit_github_org.png — VERIFIED (org-level activity; specific commit diff not individually reviewed)
- Team announcement in 72h — X, THE BLOCK, Blockhead — VERIFIED
