Valuation Shock: Lighter Overtakes Established DEX Names

[madtrader]

Shortly after launch, LIT gained a major credibility boost when Coinbase listed the LIGHTER-USD trading pair. With prices stabilizing around the $2.7–2.9 range, Lighter’s valuation has already surpassed well-known names like Pump.fun and Jupiter, placing it among the top DEX tokens by FDV.

Market participants point to strong trading volumes and rising mindshare as reasons Lighter could re-rate further. Some investors expect LIT’s valuation to converge with competitors such as Aster, while more bullish voices even compare its upside to Hyperliquid. These projections, however, rest heavily on continued growth and sustained user engagement.

[nihalsari]

everyone says “early” until you zoom out and see the valuation lol