Decentralized perpetuals trading platform Lighter saw its native token $LIT surge nearly 10% during the early hours of the US session.
It follows news that it had struck a major revenue-sharing deal with $USDC issuer Circle.
Lighter Strikes $920 Million $USDC Revenue-Sharing Deal with Circle — A Win for DeFi Traders
$LIT, the powering token for the Lighter ecosystem, exploded by nearly 10% on the news, and was trading for $1.46% on the news.
$LIT) Price Performance">
The agreement covers approximately $920 million in $USDC deposits on Lighter’s platform, marking a significant milestone for the young DeFi exchange.
Under the partnership, interest income generated from Circle’s $USDC reserves will be shared between Circle and Lighter.
[ ZOOMER ]
— zoomer (@zoomerfied) February 12, 2026
LIGHTER STRIKES DEAL WITH CIRCLE TO SHARE REVENUE GENERATED ON $THE $920M OF $USDC DEPOSITED ON $THE PLATFORM
This aligns with Circle’s broader revenue-sharing model, which it has previously implemented with leading exchanges such as Coinbase and Bybit.
For Lighter, the deal offers a fast and capital-efficient path to grow its yield engine, fund user incentives, and support platform features such as funding rate rebates and rewards programs.
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