Lighter has signed an agreement with Circle to share the profits generated from approximately $920 million worth of USDC deposited on the platform. To put it simply, Lighter is a Perf DEX platform. Circle is the USDC issuer. Approximately $920 million worth of USDC is deposited on the Lighter platform. The interest generated from this USDC is shared between Circle and Lighter. USDC reserves are invested in safe assets such as U.S. Treasury bonds, which generate interest. While Circle typically receives this interest, the key point of this agreement is that a portion of this profit is shared with Lighter. The implications are as follows: First, Lighter now has a deposit-based revenue model, rather than relying solely on transaction fees. Second, as the platform's TVL increases, Lighter's profits will also increase. Third, there is the potential for a long-term link to token value. The surge in chart price can be seen as a reflection of expectations that this news will further upgrade Lighter's revenue structure. In short, Lighter has entered into an agreement with Circle to share interest generated from USDC deposits, which is interpreted as securing a sustainable revenue model for the platform.