Lighter LIT

Ethereum EcosystemDeFiDerivativesPerpetual Contracts

Lighter leads in team governance and security compliance, with roadmap delivery remaining a key focus, currently holding a solid C+ rating.

Rating updated 2026-07-28
C+55 / 100

Sector Rank #50 · Global Rank #212

Roadmap Delivery37.5F
Technical Implementation----
Tokenomics41.93F
Team Governance85.83B
Market Ecosystem48.2F
Security & Compliance64.17D
01

Overall Rating

C+ · 55 / 100
Roadmap Delivery
37.5
Tokenomics
41.93
Team Governance
85.83
Market Ecosystem
48.2
Security & Compliance
64.17
Overall Score
55

Lighter has an overall rating C+f C (total score 57.42), ranking high in team governance, security compliance, and market ecosystem across six dimensions. The main points of deduction were roadmap delivery (37.5 points) — mainly influenced by development continuity (0 points) and development heat trends (0 points).

Rating Team Conclusion: "Lighter has relative advantages in team governance, security compliance, and market ecosystem, but its current shortcomings are focused on roadmap delivery." " It is recommended to observe small positions and wait for key sub-sectors to improve before increasing allocation weighting.

02

Six-Dimension Rating Breakdown

Roadmap Delivery

36/100

Roadmap On Time Delivery Rate?Lack of near-term roadmaps and on-time delivery data.Weight 35%Insufficient data · 30 / 100

Last 4 upgrades achieved?Recently, some important features have been launched, but there have been service interruptions.Weight 30%There was delivery, but there was a service interruption · 40 / 100

Milestones to Deliver?Lack of clear information on pending delivery milestones.Weight 20%Insufficient data, possibly already delivered · 30 / 100

History Extension Record?There is a lack of clear historical delay records.Weight 15%Insufficient data · 50 / 100

Technical Implementation

61/100

Consensus Mechanism?As an Ethereum zk-rollup, it inherits its PoS consensus.Weight 30%PoS (Inherited from Ethereum) · 90 / 100

Main network years of operation?The mainnet will launch in December 2025, with a short runtime.Weight 15%About 0.4 years · 30 / 100

Recent upgrades?Important features have been launched, but were previously interrupted due to high TPS service disruptions.Weight 35%There were important upgrades, but technical issues arose · 50 / 100

Client Diversity?As a zk-rollup, it mainly relies on Ethereum clients.Weight 20%Relying on Ethereum, it lacks sufficient data · 60 / 100

Tokenomics

43/100

Deflationary Mechanism?Product revenue is used for buybacks, with no specific token burning.Weight 30%There is a buyback mechanism, but no direct destruction · 35 / 100

Inflation rate?There are numerous token unlock programs and inflationary pressures are high.Weight 25%There is a large number of unlocks, and inflationary pressure is high · 20 / 100

Staking rate/position lock-up rate?A staking feature has been launched, but there is a lack of specific data on staking rates.Weight 25%There is a staking function, but staking rate data is insufficient · 30 / 100

Supply Upper Limit?There is a clear supply cap of 1 billion tokens.Weight 20%1 billion (hardtop) · 100 / 100

Team Governance

86.75/100

Core Development Team?The core development team is clear, with well-known VC investments.Weight 30%The core team is clear, backed by VCs · 90 / 100

Governance mechanisms?The project is highly centralized and lacks on-chain governance.Weight 25%A high degree of centralization and unclear governance mechanisms · 80 / 100

Financial Transparency?Financing information is open and transparent, and fund management is sound.Weight 25%Financing information is transparent, and capital management is sound · 95 / 100

Concentration of key people?No hidden owner, but no multiple signatures for management addresses.Weight 20%No hidden owner, but zero multi-signature ratio · 80 / 100

Market Ecosystem

56/100

Active Address?The number of daily active addresses is moderate, and user engagement needs improvement.Weight 30%Moderate activity level · 65 / 100

Ecological chain/L2 quantity?It has been deployed on multiple chains such as Ethereum, Arbitrum, and Base.Weight 25%4 chains / L2 · 75 / 100

DeFi TVL?The current TVL is about $553 million, having once surpassed $1 billion.Weight 25%Approximately $553 million · 55 / 100

Developer community?There is a lack of public data, and development activity trends are low.Weight 20%Insufficient data, low development activity · 20 / 100

Security & Compliance

63/100

Historical Major Failure?There have been service interruptions caused by technical issues.Weight 25%There was a time when high TPS caused service interruptions · 60 / 100

Regulatory Attitude?Lack of clear global regulatory compliance information.Weight 30%Data is insufficient and uncertain · 65 / 100

Sec Attitude?Lack of clear stance from the SEC on the nature of its token.Weight 30%There is controversy / insufficient data · 65 / 100

Client Bug Frequency?Lack of publicly available data on client bug frequency.Weight 15%Insufficient data · 60 / 100

04

C+ Peer Comparison

Export CSV
LighterC+ · 55xDollar StablecoinC+ · 59.88PixelsC+ · 59.72HashflowC+ · 59.65
Overall Score5559.8859.7259.65
Roadmap Delivery37.556.6137.537.5
Technical Implementation--60.25----
Tokenomics41.9364.153535
Team Governance85.8358.8487.4373.37
Market Ecosystem48.262.276.1290.7
Security & Compliance64.1756.9261.8756.17

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