Lighter TVL surpassed a record high of $1.456 billion, but recently saw a net outflow of over $40.59 million in a single day.

CoinFeed analyst JAE suggests the growth may be influenced by the upcoming Token Generation Event (TGE). However, Lighter experienced a net outflow of over $40.59 million on December 12th, marking its second-highest single-day outflow in history.