LIT Price Jumps 10% as Lighter Lands $920M Revenue-Sharing Deal with Circle

LIT, the native token for the Lighter ecosystem, rose nearly 10% during the early US session after Lighter struck a major revenue‑sharing deal with USDC issuer Circle. The agreement covers about $920 million in USDC deposits on Lighter’s platform, a notable milestone for the young DeFi exchange.

Under the partnership, interest income generated from Circle’s USDC reserves will be shared between Circle and Lighter. The deal gives Lighter a fast, capital‑efficient path to expand its yield engine, fund user incentives and support features such as funding‑rate rebates and rewards programs.

Lighter’s approach contrasts with exchanges that launched proprietary stablecoins. Hyperliquid introduced its native stablecoin USDH in late 2025 after a governance auction, diverting billions in deposits and yield away from Circle and other issuers while capturing revenue internally and reducing centralization risks—moves that required significant capital and infrastructure.

United States

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