South Korean cryptocurrency exchange Bithumb has officially listed the Lighter (LIT) token on its Korean won (KRW) spot trading market. Trading commenced on February 16, 2026, at 7:00 PM Korea Standard Time (KST). The exchange set a reference price for the token's market entry at 2,383 KRW.
Deposits and withdrawals for LIT became available within two hours of the listing announcement. Bithumb specified that the only supported network for LIT transfers is Ethereum, and transfers via other networks will not be accepted. The exchange requires 33 block confirmations on the Ethereum network for LIT deposits to be credited.
To ensure a stable market opening and manage early volatility, Bithumb implemented several trading restrictions. For the first five minutes after listing, buy orders were subject to limits. During the same initial period, sell orders could only be placed within a specified price range to prevent extreme downside prints. Furthermore, for approximately the first two hours of trading, only limit orders were enabled, with other order types temporarily disabled.
These controls are designed to align off-exchange token inventories with the on-exchange order book, aiming to reduce early slippage and create a more orderly opening. Bithumb cautioned that if inbound deposit flows outpace available sell orders (asks) during the restricted window, order book depth could thin and amplify intraday volatility.
Lighter is described as a decentralized perpetual futures exchange built on a zero-knowledge rollup (zk-rollup) architecture. It utilizes a central limit order book (CLOB) model, aiming to deliver the speed and user experience of centralized exchanges while maintaining on-chain settlement assurances. The LIT token serves as the protocol's native utility token, integral to its economic and governance mechanics.
The direct KRW pairing is expected to concentrate domestic South Korean liquidity for LIT and improve price discovery during local trading hours, providing traders with direct fiat access without needing to route through USD or stablecoin pairs.
