Binance will launch pre-market trading for Lighter (LIT) perpetual contracts.

2025-12-262025-12-23 by admin

PANews reported on December 23 that Binance Futures will launch pre-market trading of LITUSDT perpetual contracts at 23:00 Beijing time on December 23, 2025, with a maximum leverage of 5x.

LITUSDT perpetual contracts are built on Ethereum, with the underlying asset being Lighter Protocol (LIT). This protocol focuses on perpetual contract trading, employing zero-knowledge aggregation technology to reduce latency and provide instant final confirmation. The total supply of LIT is 1 billion, the settlement asset is USDT, and funding fees are settled every four hours.

PANews reported on December 31 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, wrote on the X platform: "Typically, during these last holiday trading sessions, many institutional investors exit the market, and algorithmic trading programs and bot trading programs begin to dominate the market, along with sell-offs for tax avoidance. These constitute the market dynamics in the last few days of December." Previously, in BitMine's announcement of acquiring 44,463 ETH last week, Tom Lee mentioned that market activity tends to slow down as the year enters its final weeks of holiday season. Year-end tax-avoidance selling depresses cryptocurrency and cryptocurrency-related stock prices, with this effect typically most pronounced between December 26th and December 30th; therefore, they are adjusting their market strategy accordingly. Earlier today, it was reported that Bitmine pledged another 118,944 ETH and increased its holdings by 32,938 ETH .