Lighter (LIT)

Very bullish news around @Lighter_xyz lately…

▪️ Telegram integration.
▪️ $14.4M Q1 revenue.
▪️ +20K users in minutes

But the real question is:

Will any of this actually be reflected in LIT’s price? 👇

After the recent announcements, I took a deeper look at Lighter and there’s a clear disconnect between the protocol and the token.

Let’s break it down:

1) The protocol is executing extremely well

→ ~$4.8M monthly revenue (Q1 2026)
→ Telegram Wallet integration → access to millions of users
→ +20K users joined within minutes
→ Strong pipeline (Robinhood, Coinbase, etc.)
→ Working towards a CFTC onchain derivatives license

Even in a weak perp DEX environment, Lighter keeps shipping.

This is real distribution + real usage.

2) But the model is different (and this matters)

Unlike Hyperliquid:

→ Lighter is pushing a 0-fee trading model for users
→ Revenue comes from alternative mechanisms (not pure trading fees)

This is powerful for growth…

But also means:

→ Lower revenue per user (for now)
→ Heavily de

80‑day bear market channel in $LIT, Bear Market things

Rebound of +35% from lows with recent news of integration in the Lighter Telegram App

Collision against the upper part of the bear channel and rejection or…

Breaks the bear trend after 80 days and to the moon?

Place your bets https://t.co/JLfNKkpyZY

🚨 Lighter is positioning for something big

They’re actively working toward a CFTC license for onchain derivatives in the US
→ That’s the gateway to institutional liquidity

Retail + institutions on the same rails = massive unlock