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LIT Price Jumps 10% As Lighter Strikes $920 Million Deal with Circle

LIT Price Jumps 10% As Lighter Strikes $920 Million Deal with Circle WikiBit 2026-02-13 00:00

Decentralized perpetuals trading platform Lighter saw its native token $LIT surge nearly 10% during

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>

Lighter ($LIT) Price Performance. Source: TradingView

The agreement covers approximately $920 million in $USDC deposits on Lighters platform, marking a significant milestone for the young DeFi exchange.

Under the partnership, interest income generated from Circles $USDC reserves will be shared between Circle and Lighter.

[ ZOOMER ]

LIGHTER STRIKES DEAL WITH CIRCLE TO SHARE REVENUE GENERATED ON $THE $920M OF $USDC DEPOSITED ON $THE PLATFORM

— zoomer (@zoomerfied) February 12, 2026

This aligns with Circles 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.

The post $LIT Price Jumps 10% As Lighter Strikes $920 Million Deal with Circle appeared first on BeInCrypto.

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