$LIT is looking like one of the stronger plays right now, benefiting from positive CFTC news around bringing perpetual contracts into the domestic derivatives space. It's still trading at a relatively cheap valuation when you look at it from a fundamentals perspective. The daily buyback ratio from protocol revenue is actually higher than Hyperliquid's right now, mainly because of its lower market cap. The last round was at a $1.5B valuation, and you can currently get in with full liquidity, zero lockups, at a cheaper price. That's a rare setup. I'm liking Lighter here as a trading opportunity. Not financial advice, just observing the data.