LIT is the native token of Lighter, a decentralized trading platform designed to deliver exchange-grade performance while keeping execution verifiable. Lighter is built as a custom zero-knowledge rollup on Ethereum and generates cryptographic proofs for core exchange operations—including order matching and liquidations—so activity can be publicly verified while users retain the ability to deposit and withdraw via Ethereum.

Within the Lighter ecosystem, LIT is positioned as an infrastructure token intended to align incentives across traders, developers, and other stakeholders. The project has described a roadmap where parts of the platform’s execution, verification, and market-data services can be tiered or accessed through LIT staking, with value generated by Lighter’s products and services designed to accrue to LIT holders over time.

LIT is an ERC-20 token on Ethereum (18 decimals) with a maximum supply of 1,000,000,000. This page tracks Lighter’s live price, chart, market cap, volume, and other market data.

Bitcoin is a decentralized digital currency that allows for peer-to-peer transactions without the need for intermediaries, utilizing blockchain technology for secure and transparent transactions. It operates as a store of value and a medium of exchange, with a limited supply of 21 million coins.

Bitcoin is known for its decentralized nature. Unlike traditional financial systems, Bitcoin operates on a decentralized network called the blockchain. Transactions are verified and recorded by a network of computers owned by individuals known as miners. This decentralized system ensures that no single entity can control or manipulate Bitcoin transactions. The decentralization of Bitcoin is achieved through a consensus mechanism called Proof-of-Work (PoW), where miners compete to validate and add new transactions to the blockchain. This mechanism provides security and immutability to transactions, reduces the risk of censorship and government intervention, and promotes financial inclusivity by providing access to financial services for the unbanked or underbanked individuals.

The decentralized nature of Bitcoin offers various advantages. It provides security and immutability to transactions. The distributed nature of the blockchain makes it difficult for malicious actors to alter transaction records or engage in fraudulent activities. Additionally, decentralization reduces the risk of censorship and government control. Transactions cannot be blocked or controlled by any entity, allowing individuals to transact freely and anonymously. Lastly, decentralization promotes financial inclusivity by enabling individuals without access to traditional banking infrastructure to participate in the Bitcoin network.