Lighter plans to apply for a CFTC derivatives broker license in November, LIT token surges over 15% in a single day.
According to Crypto Briefing, the native token LIT of perpetual futures decentralized exchange Lighter has risen by over 15%, trading at around $3.90. Previously, Lighter announced plans to submit a derivatives license application to the U.S. Commodity Futures Trading Commission (CFTC) in November 2026. Founder Vladimir Novakovski stated that the team has been communicating with regulators for about a year, with the goal of becoming the first on-chain perpetual futures DEX to secure CFTC regulatory approval. Upon approval, Lighter is poised to provide U.S. institutions with a compliant on-chain trading channel and lay the groundwork for establishing a U.S. operational entity.
