#密码资产动态追踪 $LIT is essentially taking the route of value reversion. Comparing to other Perp DEX products that have already completed TGE—$ASTER, $HYPE—we can do a calculation from the FDV perspective. The trading volume, position size, and fee income of DEX are all transparent on the blockchain, and the data is available. There are only two possible outcomes: either $LIT goes up, or the other two adjust accordingly. This logic is somewhat similar to the valuation difference between internet securities in 2015 and traditional established securities companies—seemingly undervalued, but ultimately returning to the industry average P/E ratio, followed by small fluctuations at the individual stock level. The market will ultimately assign a reasonable price.