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Lighter token jumps 20% on U.S. license plans and Robinhood integration push

Lighter's LIT token surged up to 20% following executive comments outlining plans to seek a U.S. derivatives license in November and expand its integration with Robinhood.

A 24-hour price chart from CoinGecko showing Lighter's LIT token surging nearly 20% to reach $3.90.
Image: @coingecko

Lighter's LIT token climbed between 15% and 22% on Wednesday to trade near $3.90, fueled by regulatory ambitions and bullish research coverage. According to posts on social media platform X referencing the project's Q3 investor update call, Vlad stated that Lighter plans to apply for a U.S. license next month.[1][3][4][5]

The protocol aims to file for a Commodity Futures Trading Commission (CFTC) derivatives license in November, seeking to become the first regulated on-chain perpetual decentralized exchange in the United States. If approved, Lighter plans to integrate into Robinhood's U.S. platform, extending its current reach beyond Robinhood Wallet's non-U.S. users.[1][2][4][5][6]

Market momentum was also supported by research firm Delphi Digital, which highlighted LIT as a core pick in a new speculative trading report. Delphi pointed to Lighter's zero retail fees alongside its ongoing distribution through Robinhood Wallet as primary drivers.[3][4]

Key facts

  • Lighter's LIT token gained roughly 15% to 22% in 24 hours, trading around $3.90.
  • Lighter plans to file for a CFTC derivatives license in November, aiming to become the first U.S.-approved on-chain perpetual DEX.
  • On Lighter's Q3 investor update call, Vlad stated the exchange plans to integrate into Robinhood's U.S. offering upon regulatory approval.
  • A U.S. integration would broaden Lighter's distribution beyond its existing non-U.S. Robinhood Wallet integration.
  • Delphi Digital designated LIT as a core pick in a speculative trading report, citing zero retail fees and Robinhood Wallet distribution.

Sources 路 6 sources

  1. CB

    Crypto Banter@crypto_banterPost on X 路

    馃毃LIGHTER TO APPLY FOR U.S. LICENSE NEXT MONTH, EYES ROBINHOOD U.S. INTEGRATION! On the Q3 Investor Update call, Vlad said Lighter plans to apply for a U.S. license next month. Once approved, the company expects to integrate into Robinhood鈥檚 U.S. offering, expanding access beyond the current non-U.S. wallet integration. The move would open Lighter鈥檚 onchain perps to a much larger U.S. user base through Robinhood鈥檚 distribution.

    Open source
  2. CB

    Crypto BriefingArticle 路

    Lighter鈥檚 LIT token climbs over 15% as exchange eyes US license filing Lighter's potential CFTC approval could revolutionize US institutional access to decentralized exchanges, impacting regulatory landscapes. The post Lighter鈥檚 LIT token climbs over 15% as exchange eyes US license filing appeared first on Crypto Briefing .

    Open source
  3. CB

    Coin Bureau@coinbureauPost on X 路

    TODAY: Lighter (ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2) SURGES over 15% to around $3.9, outperforming the broader crypto market. The rally comes as Delphi Digital highlights its trading utility and Robinhood Wallet integration. Lighter also plans to seek a U.S. license NEXT MONTH, potentially expanding into Robinhood's U.S. platform.

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  4. CO

    CoinGecko@coingeckoPost on X 路

    $LIT is up 20% to $3.90 today. Here's why: 馃煝 Delphi Digital named LIT one of its core picks in a new report on speculative trading, citing its zero retail fees and distribution through Robinhood Wallet. 馃煝 Lighter plans to file for a CFTC derivatives license in November, aiming to become the first on-chain perp DEX approved by the U.S. regulator.

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  5. DN

    DEGEN NEWS@DegenerateNewsPost on X 路

    NEW: $LIT UP OVER 20% IN 24H, WITH 10%+ COMING AFTER REPORTS FROM @Lighter_xyz'S Q3 INVESTOR CALL SAY THE PROJECT WILL APPLY FOR A US LICENSE NEXT MONTH AND PLUG INTO @RobinhoodCrypto'S US OFFERING ONCE APPROVED https://t.co/RIqh52CsRg

    Open source
  6. CO

    CoinGape@CoinGapeMediaPost on X 路

    馃毃 JUST IN: #Lighter plans to apply for a U.S. license next month and integrate into #Robinhood鈥檚 U.S. offering once approved, according to an #investor call.

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