Lighter Token Jumps 21% on Robinhood Wallet Partnership

Lighter's $LIT token climbed more than 20% to trade at approximately $3.90, according to data from CoinGecko cited by CryptoNews. The recent price action comes as attention returns to the exchange's perpetual futures integration with Robinhood Wallet and a recent research report from Delphi Digital.

CoinGecko figures showed $LIT trading at $3.88, reflecting a 21.3% increase over 24 hours alongside a trading volume of roughly $125.5 million. The token registered a daily price range between $3.21 and $3.97, bringing its market capitalization close to $974.4 million.

Robinhood Partnership and Rewards

Robinhood originally announced the integration of Lighter perpetual futures inside its self-custody wallet on July 1, arriving alongside the Robinhood Chain mainnet launch built using Arbitrum technology. The partnership included an allocation of 11 million $LIT tokens to a community points program. Eligible participants earn double points for perpetual futures trades executed through Robinhood Wallet compared to Lighter's web application.

According to disclosures from the platform, U.S. residents remain excluded from Lighter perpetual futures offered through Robinhood Wallet. The restriction also extends to residents of the United Kingdom, Canada, Switzerland, the United Arab Emirates, and Singapore, among other jurisdictions.

Delphi Digital Research

Delphi Digital featured Lighter in an October report examining speculative trading businesses and revenue-generating platforms, placing the venue alongside Hyperliquid. Using DefiLlama data from October, the research cited approximately $56 billion in Lighter trading volume over a 30-day period.

The report described Lighter as an order-book exchange utilizing zero-knowledge proofs for order matching, offering free retail trading while tying business revenue to premium accounts and distribution agreements, such as the 50/50 revenue-sharing arrangement with Robinhood.

Key facts

• Lighter's $LIT token climbed 21.3% over 24 hours to around $3.88.
• CoinGecko reported a circulating supply of 250 million tokens against a maximum supply of 1 billion.
• Robinhood integrated Lighter perpetual futures into its self-custody wallet on July 1.
• Delphi Digital's October research cited roughly $56 billion in 30-day trading volume for Lighter.
• U.S. residents and users in several other jurisdictions remain excluded from the perpetual futures offering.