Lighter's LIT token rose 13% in 24 hours for a third consecutive green day, reaching a new local high of $4.67. The move followed increased trading activity after Lighter's perpetual DEX (decentralized exchange for perpetual contracts) was integrated into Robinhood Wallet. LIT has outperformed Hyperliquid's HYPE and Ethereum's ETH, recording gains of 465% versus 136% for HYPE and 24% for ETH on the charts at press time. Over the past five months, LIT also outperformed the combined performance of HYPE and ETH. Lighter's correlation coefficient with HYPE was 0.85, while open interest rose from $138 million at the start of September to about $180 million over the past two weeks. The token remained above the Supertrend indicator on its daily chart since April 10, while its latest sideways trading channel ranged from $3.20 to $3.85. Lighter's market capitalization was roughly $1.09 billion, compared with $21.92 billion for HYPE, making Lighter about 21 times smaller by capitalization. The Robinhood Wallet integration increased network activity and fees, with protocol fees rising from $124,000 to $195,000 in the latest 24 hours, according to DefiLlama. Those fees are used to buy back LIT, supporting token demand and reducing market supply. Short liquidations also amplified the latest advance, while the token maintained a negative funding rate during its breakout. Etherscan data showed transfer count increasing from 1,914 on Aug. 29 to 6,196, equivalent to a threefold increase in network activity in six days. The data did not guarantee that LIT's gains would hold, but the move has strengthened the DEX sector's role as a major crypto market narrative.