Lighter repurchases 17.5 million LIT tokens after TGE

  • Lighter says it bought back 17.5 million LIT since its token generation event.
  • 17.5 million LIT equals about 7% of the token's current circulating supply.
  • Lighter continues purchases using trading fee revenue under its buyback policy.

Decentralized perpetual futures exchange Lighter says it has repurchased 17.5 million LIT tokens since its TGE (token generation event). The amount equals about 7% of LIT's current circulating supply. Lighter said it is continuing the buyback policy by purchasing LIT on the market with trading fee revenue.

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