What CoinGraph said about lighter, exactly as issued.

{
  "token": {
    "id": "lighter",
    "name": "Lighter",
    "rank": 84,
    "symbol": "LIT"
  },
  "reasons": [
    {
      "text": "Realised volatility 9.93% per day",
      "source": "coingecko:/coins/markets",
      "dimension": "momentum"
    },
    {
      "text": "Net $1.3M moved onto exchanges in 24h (1.4% of daily volume) — potential sell-side supply",
      "source": "nownodes:eth_getLogs",
      "dimension": "onchain"
    },
    {
      "text": "Fully diluted value is 4× market cap — most supply is not yet circulating",
      "source": "coingecko:/coins/markets",
      "dimension": "supply"
    }
  ],
  "verdict": "caution",
  "snapshot": {
    "market": {
      "rank": 84,
      "as_of": "2026-10-21T04:00:00.000Z",
      "ath_usd": 7.86,
      "atl_usd": 0.779399,
      "sources": [
        {
          "as_of": "2026-10-21T04:00:00.000Z",
          "endpoint": "/coins/markets",
          "provider": "coingecko"
        }
      ],
      "ath_date": "2025-12-30T01:05:21.000Z",
      "price_usd": 3.4,
      "change_pct": {
        "1h": -0.29,
        "1y": null,
        "4h": 0.29,
        "7d": 0.6187,
        "15m": 0.89,
        "24h": 6.42,
        "30d": -30.467,
        "200d": 251.3627
      },
      "low_24h_usd": 3.1,
      "from_ath_pct": -56.79,
      "from_atl_pct": 335.79,
      "high_24h_usd": 3.45,
      "market_cap_usd": 849078100,
      "volume_24h_usd": 87672400,
      "volatility_24h_pct": 9.93,
      "volume_to_market_cap": 0.1033,
      "fully_diluted_valuation_usd": 3396312401
    },
    "supply": {
      "top_holders": {
        "as_of": "2026-10-20T00:55:00.000Z",
        "top10": 62.5,
        "top20": null
      },
      "fdv_to_market_cap": 4
    },
    "derivatives": {
      "funding": [
        {
          "mark": null,
          "index": null,
          "venue": "okx",
          "symbol": "LIT/USDT:USDT",
          "next_at": "2026-10-21T12:00:00.000Z",
          "rate_pct": 0.005,
          "basis_pct": null,
          "next_rate_pct": null,
          "annualised_pct": 5.5
        }
      ],
      "liquidations_1h": {
        "usd": 1066.25,
        "count": 1,
        "longs_usd": 1066.25,
        "shorts_usd": 0
      },
      "open_interest_change": {
        "1h": null,
        "4h": null,
        "24h": null
      }
    },
    "liquidity_depth": "unassessed",
    "onchain_flows_24h": {
      "net_usd": 1254790,
      "inflow_usd": 2442430,
      "outflow_usd": 1187640
    }
  },
  "confidence": 0.95,
  "dimensions": {
    "supply": {
      "rating": "caution",
      "reasons": [
        {
          "text": "Fully diluted value is 4× market cap — most supply is not yet circulating",
          "source": "coingecko:/coins/markets"
        },
        {
          "info": true,
          "text": "Top 10 holders own 62.5% of supply",
          "source": "goplus/nownodes holders"
        },
        {
          "info": true,
          "text": "Unlock schedule: unassessed (no free source)",
          "source": "coingraph"
        }
      ]
    },
    "context": {
      "rating": "ok",
      "reasons": [
        {
          "text": "No fundamental or mood flags",
          "source": "coingraph"
        }
      ]
    },
    "onchain": {
      "rating": "caution",
      "reasons": [
        {
          "text": "Net $1.3M moved onto exchanges in 24h (1.4% of daily volume) — potential sell-side supply",
          "source": "nownodes:eth_getLogs"
        }
      ]
    },
    "contract": {
      "rating": "ok",
      "reasons": [
        {
          "text": "No contract risks found on the ETH contract (home chain)",
          "source": "goplus:/token_security"
        }
      ]
    },
    "leverage": {
      "rating": "ok",
      "reasons": [
        {
          "text": "Funding 0.005% per 8h: leverage not crowded",
          "source": "ccxt:fetchFundingRates"
        }
      ]
    },
    "momentum": {
      "rating": "caution",
      "reasons": [
        {
          "text": "Realised volatility 9.93% per day",
          "source": "coingecko:/coins/markets"
        }
      ]
    },
    "liquidity": {
      "rating": "ok",
      "reasons": [
        {
          "info": true,
          "text": "$2.6M available within 2% of the price across exchanges (CoinGecko)",
          "source": "coingecko:/coins/{id}/tickers"
        }
      ]
    }
  },
  "disclaimer": "CoinGraph never executes, custodies or advises. The caller decides.",
  "size_check": null,
  "watch_next": [
    "Whether the move holds over the next hour or retraces",
    "Whether the coins sent to exchanges are sold or sit idle"
  ],
  "policy_check": null
}