News linked to both this project and an event.
Odaily News Lighter team released the project's August data summary. In August, Lighter's open interest (OI) exceeded $1 billion, with trading volume reaching approximately $39.5 billion, and its global market share in perpetual contract trading volume continued to rise month-over-month. The independent trading platform built by Robinhood in partnership with Lighter also achieved significant growth in August, with total trading volume reaching approximately $5 billion and total accounts surpassing 21,000, generating approximately $500,000 in total trading fees for the month. Additionally, Lighter repurchased a total of 927,800 LIT tokens in August.According to OKX market data, Lighter is currently trading at 4.42 USDT, up over 15.16% in the past 24 hours.
Odaily News According to on-chain analyst Ai Yi's monitoring, Hyperliquid's largest LIT short position added $2.5 million in margin today, with a current floating loss of $5.605 million. The short position holds 2.528 million LIT tokens, valued at approximately $8.9 million, with an entry price of $1.3. After LIT was listed on Upbit today, its price surged briefly, prompting the short position to add margin to reduce liquidation risk. Currently, the margin for this single position stands at $7.16 million, with a liquidation price of $5.78.
According to the official announcement, Upbit will list the LIT/KRW trading pair.
According to an official announcement, South Korean crypto exchange Upbit will list the PEAQ, LIT, KMNO, MORPHO, GRAM, LDO, PAXG, OSMO, and AMP tokens on its BTC and USDT markets. Trading for these tokens will begin at 3:00 PM local time on June 19.
Lighter official posted on X updating the protocol's buyback data, indicating that since TGE, over 15 million LIT tokens have been repurchased, representing approximately 6% of the circulating supply.
according to CoinW's "On-Chain Smart Money" monitoring, the on-chain whale "Short Altcoin King" (address: 0xa312114b5795dff9b8db50474dd57701aa78ad1e) has been earning substantial profits by continuously shorting LIT and other altcoins and meme coins. Platform data shows that this whale has realized profits of $3.19 million and $2.11 million on LIT and ASTER respectively, with total cumulative earnings reaching $10.44 million over the past 90 days.It is reported that CoinW's "On-Chain Smart Money" now supports copy trading for this address, allowing users to copy trades with "zero profit sharing."Risk Warning: The above information is compiled based on historical on-chain data and does not constitute any investment advice or profit promise. Digital asset trading carries high risks; past performance does not guarantee future returns. Users should make cautious decisions based on their own risk tolerance.