TLDR
- Lighter’s last processed block is over four hours late.
- Users advised to use Ethereum L1 withdrawals as a workaround.
- $LIT token trading at approximately $2.80 with no financial impacts.
Lighter, a decentralized perpetuals trading platform built on zkLight, is experiencing withdrawal issues. This is due to prover-sequencer lag and congestion on the Arbitrum network.
As of December 30, 2025, the last processed block was 137,759,880, which is about four hours behind schedule. Users have reported errors such as “Too many L2 Withdrawals.” On Discord, the team recommended using Ethereum L1 withdrawals as a workaround. These can take up to four hours to process.
Response from Lighter’s Team on Discord
Although the Lighter team has acknowledged the issue on Discord, no official statements have been released on platforms such as Twitter or LinkedIn. The last major update was the announcement of the $LIT token launch.
The team has suggested that users switch to Ethereum L1 withdrawals to mitigate delays. However, this advice has been communicated only through Discord, not through any broader channels.
Impact on $LIT Token and Users
Despite the withdrawal disruptions, no financial impacts from funding or institutional sources have been reported. The $LIT token, which launched with a 25% airdrop, is currently trading at approximately $2.80.
The total supply of $LIT is divided equally between ecosystem growth and team-investor allocations. Additionally, no direct impacts on BTC or ETH have been recorded, although the congestion is affecting L2 to L1 withdrawals.
Past Incidents and Current Network Congestion
Withdrawal disruptions bear similarities to an earlier event on October 11, 2025. During that time, a market liquidation led Lighter to halt for several hours due to a sequencer overload and ZK proof bottlenecks.
Currently, prover lag is stalling block submissions. The last processed block was numbered at 137,759,880, trailing by over four hours. Users may also see low withdrawal throughput, leading to saturation cues.
User Reactions and Platform Communication
Community sentiment has noted frustration over on-chain errors and the team’s limited public communication beyond Discord. Previously, similar network issues prompted discussions among users.
In the absence of any official updates from the Lighter team on social media, users have turned to forums like Reddit and Telegram for shared information and potential solutions.
| Disclaimer: The content on defiliban.com is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |