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> $IBM on Lighter. Not tradable yet Lighter shipping so fast $LIT
$LIT at $340m marketcap seems extremely cheap I haven’t done any research on metrics but I’m opening a long here and then diving in If you asked me what the marketcap was I would have said probably about $3b I haven’t seen the founder tweet and get ratio’d by @aaalexhl in awhile, so that’s bulli
$LIT putting up insane numbers lately >$509M TVL >$39B monthly perp volume >$25M+ annualized revenue >$794M open interest That’s why many people compare Lighter with bigger perp DEXs like Hyperliquid people still sleeping on Lighter🕯️ $LIT could become the biggest narratives 🕯️
alright fuck it im buying LIT
CFTC Approves Perpetual Futures for US Users; Hyperliquid Airdrop Geo-Blocks Some
Lighter doing higher buybacks than Hyperliquid relative to market cap is the kind of alpha most people ignore 🕯️ $LIT → 5.39% $HYPE → 2.86% Efficiency > size => Lighter 🕯️
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