
Lighter (LIT) Price
Lighter#56LIT News
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A Lighter whale increased LIT holdings having spent $9.1 million to buy 3.91 million LIT.
BitcoinWorld Early Ethereum Investor Spends $9.1M to Accumulate LIT Token An anonymous wallet identified as an early Ethereum investor has spent approximately $9.1 million over the past two months to acquire 3.91 million LIT tokens, according to blockchain tracking firm Lookonchain. The purchases were executed at an average price of $2.33 per token, with the whale continuing to add to its position in recent days. […] This post Early Ethereum Investor Spends $9.1M to Accumulate LIT Token first appeared on BitcoinWorld .
BlockBeats News, August 7th, according to LookIntoChain monitoring, a whale address 0x7378 continued to buy LIT. In the past two months, they have spent a total of $9.1 million to purchase 3.91 million LIT at an average price of $2.33.
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LIT Info
1. Project introduction
Lighter is a decentralized trading platform and zero-knowledge rollup on Ethereum, designed for unmatched security, scale, and performance. It is the first exchange to offer verifiable order matching and liquidations, delivering best-in-class performance comparable to traditional exchanges. Built with custom ZK infrastructure, Lighter Core combines succinct execution proofs with Ethereum as the anchoring layer, ensuring users always maintain custody of their assets and can securely exit. The platform is engineered for high throughput and low latency, processing tens of thousands of orders per second while adhering to a publicly predefined set of rules, with all operations cryptographically proven and verified on Ethereum.
2. Team introduction
Vladimir Novakovski – Founder & CEO
- Vladimir Novakovski is the Founder and CEO of Lighter. He is also an angel investor in Fabric Cryptography and Daimo. He previously worked in quantitative research and trading at Citadel, served as a Portfolio Manager at Graham Capital, and held engineering leadership roles at Addepar and Quora. He holds a Bachelor’s degree in Economics from Harvard University.
Emin Ayar – Engineering Team Lead
- Emin Ayar is the Engineering Team Lead at Lighter. He previously worked as a Software Engineer at Lunchclub and graduated from Çanakkale Onsekiz Mart University.
Ahmet Avcı – Team Lead
- Ahmet Avcı is the Platform Team Lead at Lighter (formerly Lunchclub). He previously worked as a Software Engineer at Lunchclub and Trendyol Group. He holds a Bachelor’s degree in Computer Science from Bilkent University and studied at KTH Royal Institute of Technology.
3. Investment institution
Lighter's investors include Founders Fund, Ribbit Capital, and Haun Ventures. The project raised $68 million in funding. The latest round was led by Peter Thiel’s Founders Fund.
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