(LIT) LIGHTERLighter / US DollarCOINBASE:LIGHTERUSDCryptocurrencyBlotUpon being listed to Coinbase Lighter lost but then recovered. The fact that the price did fall beneath the initial listing price makes me wonder about the stability of the creators, community, and backers. As for where the price will go next, Lighter (LIT) is the native utility and governance token of the Lighter protocol, a high-performance decentralized perpetual futures exchange (perp DEX) built as a custom zero-knowledge rollup (zk-rollup) on Ethereum. The project is backed by $90 million from investors including Founders Fund, Robinhood, Dragonfly, and Ribbit Capital.