Lighter (LIT) Price Jumps 20% as Exchange Plans CFTC License Filing

TLDR LIT rose 19.7% to $3.83 on October 21, trading between $3.16 and $3.87. Lighter plans to file for a CFTC derivatives license in November 2026. Robinhood Chain integrated Lighter for perpetual trading on July 1, with a 50/50 revenue split. Market cap reached about $951.5 million, with 24-hour volume at $102.5 million. Lighter has bought back about 15.5 million LIT and plans to burn the tokens. LIT, the native token of the Lighter Protocol, rose 19.7% over 24 hours to trade at $3.83 on October 21. CoinGecko data shows it traded between $3.16 and $3.87 during that time.

Source: CoinCentral