Lighter, $LIT, is up +10% today and +25% this week. Here is why: Lighter plans to apply for CFTC licenses in November, aiming to become the first US-approved on-chain perp DEX. Delphi Digital also called Lighter "the clearest second bet" after Hyperliquid. The exchange did $137+ BILLION in Q3 volume, with $8.55 MILLION going to LIT buybacks and burns.
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