On January 1, 2026, wallets linked to Justin Sun, Tron founder, acquired approximately $33M worth of LIT, the native token of Lighter, a perpetual futures DEX on Ethereum zk-rollup, per crypto. news and on-chain analyst MLM. The purchases, totaling 13.25M LIT plus 6.4M LIT from TGE, bring Sun’s stake to 14.89M LIT ($39.8M), representing 5.32% of circulating supply and 1.33% of total supply, per. Activity tied to Lighter’s Liquidity Provider Program (LLP), with Sun depositing $200M and withdrawing $38M for buys.
Four Sun-linked wallets received 1.6M LIT each at Token Generation Event (TGE) on December 30, 2025, likely as part of an LLP deposit deal, funded 34–50 minutes after the airdrop form closed, with no prior farming evidence, per MLM. Sun’s $200M LLP deposit in December 2025 funded the buys, leaving $5.5M in spot balances, per. LIT debuted at $3.40, sliding 30% to $2.45–$2.80 due to post-airdrop selling, but now trades at $2.49–$2.62, with $622–$663M market cap.
Lighter reported $3.7B in 30-day volume and $101M annualized fees, ranking high in perp DEXs. Tokenomics allocate 25% to airdrop, 24% to investors, and 26% to team (1-year cliff, 3-year vesting), with 250M circulating of 1B total supply, per. Post-launch volatility stems from airdrop profit-taking, common for new tokens, per. Justin Sun’s accumulation signals confidence, potentially stabilizing LIT.
LIT’s long-term growth depends on adoption, revenue sharing, and DeFi perp expansion. Investors should track on-chain data via Nansen or CryptoQuant and LLP activity on app.lighter.xyz. Dollar-cost average into LIT for speculative plays, with stop-losses below $2.20, or diversify into USDC or ETH ($4,070), per TradingView. Follow @mlmabc on X for updates. Sun’s stake could drive LIT to $5–$10 by 2026 if Lighter sustains volume, but volatility persists.
