LIT is currently hovering around $2.77, finding some buying support at the $2.3–2.6 level. Considering the previous funding round price was about $1.5, I initially planned to position below $2, mainly because the selling pressure on the first day of listing is usually quite noticeable, coupled with the overall market environment being somewhat weak. However, based on the project data, there are still some highlights—$1.49B in TVL and $233B in perpetual contract trading volume over the past 30 days, which are quite decent indicators. Whether there is a mismatch between the price and fundamentals may warrant further observation of the market's reaction.