LIT token fundamentals: supply, unlocks, fees and valuation

LIT token fundamentals

Measured 2026-10-27T01:15:35+00:00 UTC. Measurements, not forecasts: a multiple is a level, not a direction.

Supply and valuation

Circulating	250.00m (25.0% of max)
Max supply	1.00bn
Supply source	CoinGecko (AGGREGATOR ONLY — no chain reading available)
Market cap (circulating)	$756.42m
Fully diluted value	$3.03bn
Float vs FDV	MC/FDV 0.25 · gap $2.27bn not yet in the float
FDV basis	mark price $3.03 × max supply 1.00bn (CoinGecko)
Supply-basis gap	DefiLlama's documented vesting model totals 749.67m tokens through 2029-12-28, -25.0% versus the max supply used for FDV. The model documents less than the max supply, so no FDV is computed on its total; the FDV above uses the max.

Forward supply and unlocks

Forward supply (chain)	UNVERIFIED futureEmissions is an on-chain field and this token has no Hyperliquid spot listing
Next scheduled unlock	2026-12-29: linear, to insiders (insider/investor class) DefiLlama's documented vesting model
Scheduled, next 30 days	0 tokens (0.00% of circulating, $0.00 at mark); insider/investor class n/a DefiLlama's documented vesting model
Scheduled, next 90 days	12.32m tokens (4.93% of circulating, $37.28m at mark); insider/investor class 100.0% DefiLlama's documented vesting model
Scheduled, next 365 days	137.81m tokens; insider/investor class 100.0%; documented schedule ends 2029-12-28 DefiLlama's documented vesting model
Model note	The ecosystem allocation will be used for future points seasons, partnerships and growth initiatives.

Fees and revenue (protocol: lighter)

Fees 24h / 30d / 1y	$68.40k / $5.78m / $79.90m
30-day run-rate vs 1y	$70.29m annualised vs $79.90m actual (-12.0%)
Revenue 1y (kept by protocol)	$62.70m (78.5% of fees)
Holders revenue 1y	$31.51m (39.4% of fees)

Valuation vs fees and revenue (trailing 1y)

MC / fees · FDV / fees	9.5x · 37.9x = $756.42m / $79.90m and $3.03bn / $79.90m
MC / revenue · FDV / revenue	12.1x · 48.3x = $756.42m / $62.70m and $3.03bn / $62.70m

Where the sources disagree

• Fee run-rate: the trailing 30 days annualise -12.0% versus the trailing year ($70,292,832 vs $79,896,044). Stated as a measurement; no forecast is attached.

Field states: emission_30d PASS · emission_90d PASS · fees PASS · forward_supply UNVERIFIED · price_to_fees PASS · price_to_revenue PASS · revenue PASS · supply PASS · unlock_schedule PASS · valuation PASS. Sources: Hyperliquid chain (tokenDetails), DefiLlama (fees, revenue, unlocks page), CoinGecko (cross-check).

How to read this page

Every figure is a measurement taken at the time printed above the tables. None of them is a forecast, and a multiple is a level, not a direction. Where a field could not be read, the table says so and prints the reason instead of a number.

Fully diluted value multiplies the mark price by one supply total, and the sources do not always agree on that total. The FDV basis row names the total used. When the vesting model documents a different total, the gap row prints it. When that total is larger than the max, the row also prints the FDV it would give; when it is smaller, the model covers only part of the supply and no second FDV is computed.

Scheduled unlocks come from a published vesting model and are dated by that model. Fees and revenue are trailing figures. Supply is cross-checked across sources, and where two sources disagree the disagreement is listed rather than resolved quietly.

Other tokens

• BTC token fundamentals
• SOL token fundamentals
• PUMP token fundamentals
• ENA token fundamentals
• DOGE token fundamentals
• VVV token fundamentals
• ZRO token fundamentals
• WLD token fundamentals
• XPL token fundamentals

More from Ticker Breakdown

Technical readings on stocks and ETFs are on the indicators hub. See a complete worked breakdown in the free sample, or get the free monthly SPY breakdown. To ask whether a token is on our working roster, write to us.