You can buy literally the 2nd best if not 1st best perp dex that is the first fully registered dex in the US for a measly 10% of its only competitor. With all value going to the token. Yeah I’m buying $lit
The value created by all Lighter products and services will fully accrue to LIT holders. We are building in the USA and the token is issued directly from our C-Corp, which will continue to operate the protocol at cost.
Airdrops are by far the best thing in crypto. Without them you’d have 80-90% less participants
Airdrops give users (farmers) opportunities to make 6 figs and with every user who makes 6 figs is a user for life.
This is the flywheel in crypto.
Farm > Defi > Space Growth
perp dexes like hype & lighter will always outperform the market in both directions, for the simple fact people like to trade and it isnt a meta THEY MAKE MONEY EITHER DIRECTION.
Ill be building a perp dex portfolio, As it seems a no brainer
The @Lighter_xyz revenue numbers are in and they are looking good.
With over $160m Annualised revenue (as of now) This is 40% of Hypes revenue.
On a rev to rev basis. Lighters fair value would be 8b+ FDV. Yes you heard that FAIR VALUE!
oh and btw HLP has barely made any profit over the last 3 months and it will continue to be like that until the next massive liqudation event. LLP on the other hand has consistenly made profits every day for the last 3 months
@Lighter_xyz LLP suffered due to letting their users cooking on their shorts. @HyperliquidX HLP cooked because their users were cut short loosing millions in profit to benefit their own product.
Wonder which is more user alined hmm..