Lighter Leads Perp DEX Token Rally

Crypto Insight Summary: LIT rose 13% to $4.21 and has doubled in 30 days as traders position for a U.S. perpetuals opening that Lighter has not applied for. Robinhood order flow now supplies 17% of the exchange's daily volume, against 12% on a 30-day basis, while perp DEX volume across the sector fell 30% over seven days. Crypto Insight Analysis: Direction: Bullish LIT Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: LIT's price surge driven by U.S. expansion speculation, but sector-wide perp DEX decline limits broader impact.