INTERVIEW: Is $LIT Cheap? | Will Price & Flip
@TrustlessState sits down with @trevor_flipper and @will__price to unpack why @Lighter_xyz may be one of the most underpriced bets in the perps market.
They talk about:
- Whether $LIT is just a beta trade to $HYPE
- Why zero-fee trading changes Lighter’s distribution strategy
- The U.S. perps market that still hasn’t opened
- Lighter buybacks, revenue, and why the valuation may not reflect the opportunity
[TIMESTAMPS]
0:00 Intro
3:05 Why Lighter Is Different
5:32 ZK Rollup Advantages
6:46 Charging Traders, Not Retail
12:07 Fairness Without MEV
14:50 Why Hyperliquid Can’t Copy
18:03 Distribution Beyond Crypto
22:08 Latency & Flow Quality
26:50 Technical Edge Across the Stack
30:31 RWAs & Pre-IPO Markets
34:07 U.S. Perps Market Play
36:05 Back-End For Big Brokers
38:28 Bootstrapping Liquidity
41:54 Lighter As A Platform
46:34 Token Value & Buybacks
50:11 Market Cap Versus FDV
53:02 Valuing LIT Properly
57:51 Cracked Team & Better Comms
58:13 Joining The Lighter Community
58:51 What Comes Next
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