Spot & Margin Trading

Pre-Market Trading: Lighter Protocol (LIT) Trading Closure and Settlement Timeline

Published on 2025-12-30 09:22

The settlement for Lighter Protocol (LIT) pre-market trading is about to begin. Please ensure your Spot account holds sufficient LIT tokens to fulfill all pending settlement orders within the specified time. Failure to meet the delivery requirements on time will result in the loss of your entire collateral.
 
Key Timeline:
 
Pre-Market Minting End on: Dec 30, 2025, 7:30 AM (UTC)
Pre-Market Trading Ends on: Dec 30, 2025, 7:40 AM(UTC)
Pre-Market Trading Settlement Starts on: Dec 30, 2025, 14:00 PM (UTC)
Pre-Market Trading Settlement End on: Jan 4 2025, 8:00 AM(UTC)
 
 

Due to the detailed tokenomics disclosed by the Lighter Protocol (LIT) project, pre-listing trades will undergo a proportional conversion process. Details are as follows:


Conversion ratio: Lighter Protocol (LIT): Lighter Protocol (LIT) POINTS = 1:1

Attention:
1.After the minting portal is closed, users cannot stake USDT to mint PreToken and cannot use the cancel staking function;
2.After the LIT Premarket closure, the system will take a snapshot of users’ LIT PreToken holdings and clear the LIT PreToken balances.
3.Users participating in PreToken minting should ensure that you hold sufficient LIT tokens in your accounts within the delivery time. The corresponding amount of tokens will be deducted automatically from the accounts within the delivery time and the staked amount will be returned to your accounts.
4.After the settlement, we will settle the accounts for users who held LIT PreTokens at the time of the snapshot (The settlement is expected to be completed within 1 hour, but please refer to the actual timing). Once settled, you will receive the real LIT from the settlement, as well as the locked USDT from users who failed to complete the settlement on time.

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