Lighter
LIT#70LIT is the token of Lighter, an exchange for perpetual futures built on Ethereum.
- Market cap
- $866.14M
- Volume 24h
- $96.83M
- All-time high
- —
- Circulating supply
- 250M of 1B
Fails our Shariah screening. Needs caution: interest (riba), nature of the asset, excessive uncertainty (gharar), and benefit and harm (maslahah). Fails: business model and usage.
- 2 pass
- 4 caution
- 2 fail
Verdict history
- Not halalCurrent
First publication
Fundamentals, market picture and news will appear here.
AI Insight
Fundamentals: Moderate
Lighter is a well-funded perpetuals exchange on an Ethereum zk-rollup with real revenue, but half of LIT supply starts unlocking from late December 2026 and the token has no governance role.
Reviewed every 3 months and on major eventsNews: Negative
LIT came under pressure after Robinhood said it would offer US perpetual futures through its own derivatives arm.
Reviewed monthly and when something material happensPrice & market
LIT trades near $3.82, inside the current zone of $3.75-3.88 and inside the risk zone of $3.67-3.90. Price lost 21.2% over 7 days and slipped below its 50-day average, though it remains far above the 200-day average and in the upper part of its yearly range (percentile 90.2). 30-day volatility is very high at 103%. Fundamentals are moderate: the exchange earns real revenue, but team and investor tokens start to unlock soon and a major partner announced a competing product. On a 2-12 week horizon the view for now is cautious, while the long-term view is neutral. Support lies at $3.47-3.58 and the revision level is $3.44.
- Review level
- $3.44
AI-assisted analysis. Not investment advice.
Technical analysis
4HThe trend and key levels appear once enough 4H candles close.
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category
