What is LIT? LIT is currently a pre-market contract and not yet listed in the spot market. Some people will continue to short it to hedge their LIT holdings and lock in profits. LIT is a decentralized exchange (DEX) on-chain contract, and I believe it is currently on par with Hype, ranking first in 24-hour trading volume! The initial circulating supply is likely 250 million tokens. The market capitalization is for reference only; compared to Hype and Aster, LIT's current projected price is reasonable. It's still uncertain who will ultimately dominate the decentralized contract (DEX) market... Currently, Lighter is a strong competitor. {future}(LITUSDT)