Lighter is a perpetual trading protocol that introduces a scalable, secure, transparent, non-custodial, and verifiable order book trading infrastructure within the Ethereum ecosystem
Last price
4.7377 USDT
Trading volume
48.18M USDT
Conversion time
Dec 30, 2025, 16:10
4.7377 USDT
Trading volume
48.18M USDT
Delivery time
Dec 30, 2025, 16:10
LIT status
- Prepare for pre-market tradingPre-market trading for LIT will start on Dec 24, 2025, 11:30.
- Pre-market trading startsTrade pre-market perpetuals for LIT.
- Convert to regular perpetualsTrade converted perpetual contracts in our regular perpetual markets.
Latest announcements
OKX to list KMNOUSD X-Perp
This is a general update. Please check the availability of the listed token or product for your region in the app. We are pleased to launch KMNOUSD Expiry Perps (X-Perp). The updates will cover the web and app interfaces, as well as the API. The details are as follows: Supported trading pairs: KMNOUSD UM (X-Perp) trading will open at Sep 22, 2026 8:00 UTC X-Perp is designed to deliver a more...
OKX to list ZHIPUUSD, MUUUSD, AMATUSD and CRDOUSD Equity X-Perps
This is a general update. Please check the availability of the listed token or product for your region in the app. We are pleased to officially launch several equity USD Expiry Perps (X-Perp). The updates will cover the web and app interfaces, as well as the API. The details are as follows: Supported trading pairs: ZHIPUUSD UM (X-Perp) trading will open at 08:30 UTC on September 22, 2026 MUUUSD...
OKX to Adjust Initial and Maintenance Margin Calculations for Futures in Hedge Mode
To improve your trading experience and optimize capital efficiency in hedge mode, OKX will adjust the calculation methods for the Initial Margin Requirement (IMR) and Maintenance Margin Requirement (MMR) for futures under cross-margin hedge mode.This adjustment applies to Futures mode accounts and Multi-currency Margin mode accounts. Isolated margin mode is not affected by this adjustment. This...
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FAQ
OKX pre-market trading allows you to trade crypto that are not yet listed in our spot markets. You can participate in price discovery by trading USDT-margined pre-market perpetual contracts. When the crypto get listed for spot trading, the pre-market perpetuals contracts get converted to standard perpetual contracts. Your positions and profits will be carried over; no need for any manual operations.
1. If the new crypto gets successfully listed for spot trading:
• Pre-market trading will stop after the new crypto is listed.
• Your pre-market contracts will be converted to the standard perpetual contracts of the same crypto. Your pre-market positions and trading data will automatically carry over.
• After the conversion is complete, our standard funding rate mechanism will be adopted. You can keep holding the positions or trade them as you see fit. For detailed conversion timeline, please refer to our crypto-specific official announcement.
2. If for some reason the crypto is not listed on OKX:
• Pre-market trading for this crypto will end and all contracts will settle.
• The settlement price will be based on the crypto’s arithmetic average price for a period of time before the end of pre-market trading. It could be set at a very small value under special circumstances, for example, when market liquidity is low. For detailed settlement rules, please refer the pre-market trading terms for each crypto.
• Pre-market trading will stop after the new crypto is listed.
• Your pre-market contracts will be converted to the standard perpetual contracts of the same crypto. Your pre-market positions and trading data will automatically carry over.
• After the conversion is complete, our standard funding rate mechanism will be adopted. You can keep holding the positions or trade them as you see fit. For detailed conversion timeline, please refer to our crypto-specific official announcement.
2. If for some reason the crypto is not listed on OKX:
• Pre-market trading for this crypto will end and all contracts will settle.
• The settlement price will be based on the crypto’s arithmetic average price for a period of time before the end of pre-market trading. It could be set at a very small value under special circumstances, for example, when market liquidity is low. For detailed settlement rules, please refer the pre-market trading terms for each crypto.
• Pre-market trading start time: Please refer to the crypto-specific official announcement from OKX.
• Listing and conversion timeline: Once a new crypto is confirmed to be listed in OKX’s spot markets, we will announce in advance when the crypto’s pre-market trading will end and when the conversion to standard perpetuals will happen. It normally happens within a few hours after the crypto is listed for spot trading.
• Delisting settlement time: If the crypto isn’t listed for spot trading for some reason, we will announce in advance when the crypto’s pre-market trading will end and when the pre-market perpetual contracts will settle.
• Listing and conversion timeline: Once a new crypto is confirmed to be listed in OKX’s spot markets, we will announce in advance when the crypto’s pre-market trading will end and when the conversion to standard perpetuals will happen. It normally happens within a few hours after the crypto is listed for spot trading.
• Delisting settlement time: If the crypto isn’t listed for spot trading for some reason, we will announce in advance when the crypto’s pre-market trading will end and when the pre-market perpetual contracts will settle.
