Lighter (LIT)

$LIT again in good momentum Hold monthly open and very good for pa https://t.co/gIBHaOgd3n

Everything is going according to plan Still optimistic about @Lighter_xyz. Some recent updates: - Korean equity perps have been added (the first perp DEX to do this) - Funding rate rebates (it’s become cheaper to hold hedge positions) But what I like the very most is the team’s attitude and actions. Don’t think I can share the details, but $LIT is the only token I’ve ever held for this long and with this level of confidence Also insanely crazy to see TradFi and DeFi merging: @RobinhoodApp testnet, @BlackRock buy $UNI, and @Citadel investing in @LayerZero_Core

I was frustrated there wasn't much data aggregation for @Lighter_xyz and $LIT so I vibe coded this dashboard. Now you can do some Lighter sleuthing - trader leaderboards, wallet PnL, volume trends, market activity. Claude code + Lighter APIs = gud tek https://t.co/tAhfXTozQ1

honestly I love the way lighter is expanding and experimenting with different things especially since those things are just copy pasta of what hyperliquid tried to do before them funding fee rebates, korean stocks, LIT staking as prerequisite for LLP, rev share from deposited USDC, soon LLP as collateral bullish $lit and am holding both $hype and $lit

Lighter just dropped a pretty cool thing for perpetual traders: They are going to implement a Funding Rate Rebates → they will return up to 15% of all funding you pay while you have positions open. How it works: - They don't just give you 15% outright ❌ - If you are Premium → you get an automatic 6% without needing to stake anything - Staking LIT → you can earn up to an extra +9% (max with 50k LIT) - Maximum total → 15% rebate on the funding paid with LIT staking + the premium account (9%+6%) So: if you are long with positive funding or short with negative funding, it now hurts you much less. Those who receive funding still collect it as usual (no changes). A good move by Lighter especially for larger HFT or MM capital. After zero fees, now they reduce the biggest hidden cost of perps. This is getting very interesting and Lighter keeps building whatever market we are in.