LIT's recent surge has attracted attention, with significant short-term volatility. What exactly is happening behind the scenes?

The most direct catalyst is the official launch of perpetual contract trading on Avantis DEX for Lighter Protocol, supporting up to 10x leverage. What does this mean? The formal expansion of the derivatives ecosystem. Professional traders and liquidity will follow, and such extensions always attract institutional interest.

Meanwhile, on-chain data shows that whales are continuously operating—transferring USDC to the platform and大量购入LIT, with this round of activity totaling 1.12 million tokens. From a supply perspective, this buyback directly locks circulating tokens, providing solid fundamental support.

Another point worth noting is that Lighter recently launched a product line supporting equity-type perpetual contracts. Targets like MSTR and BMNR can now be traded 24 hours a day, 5 days a week, breaking the traditional financial market time restrictions. This has elevated the underlying asset value of LIT to a new level.

Looking at the price performance: trigger price at 3.08, a 3.49% increase in 5 minutes, reaching 3.94% in 15 minutes, and a 6.72% upward momentum on the 4-hour level. Signs of continued short-term upward movement are quite evident.