Lighter's ZK Circuit Verification Boosts LIT by Over 18% in 24 Hours

PANews posted on X (formerly Twitter). On May 12, Solana co-founder Toly publicly questioned Lighter, labeling it as 'just a CEX.' A week later, L2BEAT responded by announcing that it had fully regenerated and verified all ZK circuits used by Lighter's perpetual DEX L2 from the source code. This verification allows users to independently execute permissionless emergency withdrawals without needing to trust the project team. The verification steps have been made public, enabling anyone to independently rerun them. Following this announcement, LIT surged rapidly, increasing by over 18% in 24 hours and is currently priced at approximately $1.17, with a cumulative seven-day increase of 25%.