Lighter(LIT)

Overview

Lighter is a decentralized trading platform designed for security and scale, and it describes itself as the first exchange to offer verifiable order matching and liquidations. Its stated aim is to deliver performance comparable to traditional centralized exchanges while allowing the correctness of matching and liquidation processes to be cryptographically verified.

LIT is the token associated with the platform's ecosystem. Because decentralized derivatives platforms differ widely in technical implementation, liquidity, and available features, readers should consult official documentation and on-chain data for current details.