BitMart: Lighter Protocol (LIT) Pre-Market Trading Live as Minting (creating new tokens) Begins

BitMart has officially listed Lighter Protocol’s LIT token, opening LIT/USDT trading and marking the platform’s entry into perpetual contract services on Ethereum.

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Summary

BitMart announced the official listing of Lighter Protocol’s LIT token on December 30 at 17:30 local time, launching the LIT/USDT trading pair. Lighter Protocol, a perpetual contracts trading platform built on Ethereum, utilizes zero-knowledge aggregation to achieve low-latency execution and instant finality. This follows earlier minting and pre-market trading activities that began on December 26, allowing users to stake USDT to mint LIT tokens and trade prior to the official launch.

Terms & Concepts
  • Minting: The process of creating new tokens on a blockchain.
  • Staking: Locking cryptocurrency to earn rewards, often used to access or mint assets.
  • USDT: A U.S. dollar-pegged stablecoin issued by Tether.