A Note to the LightLink Community
An update for the LightLink community providing context on the Bybit delisting, what it means for users, and where the network is headed as development and adoption continue.
A message from Roy Hui, CEO of LightLink
Over the past few days, we became aware that Bybit would be delisting $LL. We wanted to address this directly, provide context, and share how we’re thinking about this as a team.
First and foremost, this delisting does not impact LightLink’s operations, roadmap, or ongoing development. The network continues to run as normal, and our focus remains unchanged.
Context on the Bybit delisting
LightLink is still a relatively new network. From the start, our priority has been to build long-term infrastructure, real usage, and sustainable growth rather than optimise for short-term metrics.
We’ve been in ongoing discussions with Bybit over time, including via third-party service providers such as Cede Hub. Based on their internal review and listing criteria, Bybit has decided to proceed with a delisting.
While this outcome is disappointing, it’s important to be clear-eyed about what this does and does not represent. Exchange listing decisions are often driven by factors that do not always reflect the underlying health, progress, or long-term potential of a network.
On exchange listing criteria
Exchange listing decisions typically consider a range of quantitative factors, including trading activity and volume thresholds.
As a growing network, $LL’s trading activity is driven primarily by organic market participation. We have deliberately prioritised sustainable liquidity and real usage over short-term measures that artificially inflate volume.
This approach means that $LL remains liquid and accessible, while avoiding practices that can distort market signals or introduce longer-term risk to the ecosystem. While this may not always align with every exchange’s listing criteria at an early stage, it reflects how we are building LightLink for durability rather than short-term optics.
Importantly, this does not reflect elevated risk across other listings or platforms.
What this means for users
Bybit has announced that it will delist $LL.
Spot trading for $LL on Bybit will be discontinued as part of this process. Users holding $LL on Bybit should refer to Bybit’s official communication for details on the delisting timeline, withdrawals, and any actions required on their end.
$LL continues to be accessible across other supported platforms, including:
Centralised exchanges:
On-chain venues:
This delisting does not affect:
- $LL held in self-custody wallets
- $LL held or used on other supported platforms
- the LightLink network, products, or ongoing development
We recommend users review Bybit’s official announcement to ensure they are aware of any remaining actions required on their end.
We will continue to share updates if there are any material changes.
Where LightLink stands today
Despite this development, LightLink continues to move forward:
- Network activity continues to grow
- Core development and new tooling remain active
- Enterprise initiatives are progressing
- Stella Wallet is moving beyond its beta phase toward broader rollout
From a business and product perspective, the fundamentals remain strong. Our teams are focused on execution, shipping, and building infrastructure that supports real-world use cases at scale.
On token supply and transparency
We also want to be transparent with the community. Bybit previously held a sizeable allocation of $LL, which has since been sold on the open market. With this now behind us, it removes a source of uncertainty and allows the ecosystem to continue maturing with greater clarity.
Where we’re focused
At this stage, our priority is staying focused on execution. Our conviction in LightLink has not changed. We remain focused on:
- Delivering real utility
- Supporting developers and enterprises
- Scaling the network responsibly
- Building for the long term
We believe that sustained execution ultimately matters more than any single exchange listing. As LightLink continues to grow, we’re confident that its progress will speak for itself.
A note of thanks
To everyone building with us, supporting us, and believing in LightLink, thank you. Your trust and commitment mean a great deal to the team, and we don’t take that lightly.
We’ll continue to communicate openly and keep you updated as we move forward.
