Lighter plans to apply for a derivative brand license from the CFTC in November, LIT surged over 22%

According to Crypto Briefing, the decentralized perpetual contract trading platform Lighter stated during its Q3 investor call that it plans to submit a derivative brand license application to the Commodity Futures Trading Commission (CFTC) in November 2026, aiming to become the first on-chain perpetual contract DEX approved by the CFTC. Founder Vladimir Novakovski mentioned that the team has been in communication with regulators for about 11 months.

Currently, Lighter has integrated with Robinhood Chain to provide perpetual contract trading, and the number of Lighter Core accounts has exceeded 1 million. OKX market data shows that LIT has risen 22.26% in the past 24 hours, currently priced at $3.89.