Lookonchain APP

App Store
Feeds Articles

Likely impacted by news that Robinhood is launching perpetual contracts in the U.S. via Bitstamp, LIT plunged over 14% in a short period.

2026.09.30 08:00:23

According to HTX market data, Lighter (LIT) plunged over 14% in a short period, now trading at $3.89. Behind the move: Robinhood is integrating Bitstamp to offer cryptocurrency perpetual contracts to eligible U.S. users. Robinhood had previously partnered with Lighter for its on-chain perpetual contract operations, but when launching the U.S.-focused perpetual contract offering, it opted to integrate Bitstamp instead of continuing with Lighter. The market is interpreting this as Lighter failing to secure the primary order flow for Robinhood’s new perpetual contract business, prompting downward revisions to expectations for Lighter’s trading volume, fee revenue, and LIT buyback and burn scale, which in turn triggered a sell-off of LIT.

Source
Add to Favorites Download image Share x Copy link
Relevant content

Abraxas Capital's Hyperliquid accounts profit $331M with $1.45B in short positions

Abraxas Capital's 2 hedging accounts on Hyperliquid have made over $331M in total profit! They currently hold over $1.45B in short positions.

15 minutes ago

Abraxas' two hedge accounts have earned over $331 million in profits and hold $1.45 billion in short positions.

According to Lookonchain's monitoring, Abraxas Capital's two hedge accounts on Hyperliquid have collectively generated over $331 million in profits, and the firm currently holds short positions worth more than $1.45 billion.

15 minutes ago

South Korea's KOSPI index fell below the 5500-point mark, posting an intraday decline of 8.47%.

According to Bitget data, South Korea’s KOSPI index fell below the 5,500-point threshold, posting an intraday decline of 8.47%. SK Hynix slipped 10.36% while Samsung dropped 9.16%.

15 minutes ago

Predict.fun: Gen.G currently ranks first in the 2026 League of Legends World Championship championship odds, standing at 35%

Prediction market platform Predict.fun’s latest data shows that in the 2026 League of Legends World Championship (Worlds 2026) winner prediction market, Gen.G currently leads with a 35% chance of lifting the title, ranking first; Hanwha Life Esports follows at 19% for second place, while BLG and T1 both hold an 18% win probability. The tournament is set to kick off officially at 2:00 AM Beijing time on October 16. As the event approaches, market interest continues to rise; users can visit Predict.fun to check real-time win probabilities for all teams and participate in trading. Note: Prediction market probabilities fluctuate in real time with trading activity, so please refer to the platform’s latest data for the most up-to-date figures.

15 minutes ago

Cheung Kong Group issued an official statement regarding rumors of Li Ka-shing's death.

Cheung Kong Group has issued a statement addressing market rumors that "Li Ka-shing has passed away". The statement noted that in today's media coverage, mainland-based self-media outlets falsely cited Hong Kong's Ta Kung Pao as reporting that Li Ka-shing, senior advisor of Cheung Kong Group, had died. "The group hereby solemnly declares that this is absolutely untrue," it said. It also strongly condemned the relevant self-media outlets for fabricating fake news.

15 minutes ago

Hong Kong-listed large language model stocks declined, with Zhipu AI and MINIMAX both falling more than 10%.

According to Bitget market data, Hong Kong-listed large model stocks declined, with Zhipu (02513.HK) and MINIMAX-W (00100.HK) both falling by over 10%.

15 minutes ago

Hot feeds

A trader profits $448K by monitoring #Binance's new listings!

2024.12.13 17:37:29

Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

2024.12.16 14:48:36

A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.

2024.12.14 10:35:27

When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.

2026.01.31 18:37:29

A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.

2025.01.05 16:05:18

A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!

2024.12.03 23:09:08

 More

Hot Articles

Follow us

X

Follow

Telegram

Join

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano