Lit Protocol

Lit Protocol is a decentralized key management network designed to assist Web3 developers in building robust private data, intuitive onboarding and wallet management, and private, immutable programs. $LITKEY is a native token of the platform serving a few main utilities including paying fees to the network, staking, and rewarding node runners.

Since its inception in 2021, the Lit Protocol has raised over in multiple funding rounds from Balaji Srinivasan, 1kx, Shima Capital, and others.