Hyperliquid lists rival Lighter’s LIT token for pre-market trading

Key Takeaways

• Hyperliquid has listed the LIT token for pre-market trading.
• Lighter’s rapid growth since its October mainnet launch has positioned it as a serious challenger to Hyperliquid.

Hyperliquid has added LIT, the native token of rival perpetual exchange Lighter, to its pre-market contract trading platform.

Lighter is a zero-knowledge rollup-based perpetual derivatives DEX built on Ethereum Layer 2. The platform launched its public mainnet on October 1, 2025, following a private beta that began in January. Since launch, it has become one of the most active perpetuals platforms, emerging as a direct competitor to Hyperliquid.