Why is Lighter [LIT] up today? U.S. licensing plans, perps inflows & more…
Lighter [LIT], the decentralized perpetuals trading protocol, climbed 19% to a new high of $1.62. The move came as investors reacted to growing discussion around the protocol’s plans for the U.S. market. Interest also appeared to strengthen across derivatives and spot markets. The rally followed comments from Lighter founder and CEO Will Price, who confirmed the protocol’s interest in entering the U.S. perpetuals market.