Lightchain AI is set to begin LCAI trading on BitMart on July 8 after the cryptocurrency exchange confirmed the token's upcoming listing.
According to BitMart's announcement, deposits opened on July 7 at 2:00 PM UTC, LCAI/USDT trading will start on July 8 at 2:00 PM UTC, and withdrawals will become available on July 9 at 2:00 PM UTC. The exchange said the token will be listed in its Innovation zone, while users in Lithuania will not be eligible to trade the asset.
The listing follows a governance proposal approved by the Lightchain AI DAO authorizing Quantum Counsel LLC, acting as administrator of the LCAI DUNA, to execute the BitMart listing agreement. The proposal also approved a payment of up to 30,000 USDT for the exchange listing fee and authorized the administrator to convert LCAI tokens into USDT if needed to complete the payment.
The DAO proposal stated that BitMart had agreed to list LCAI by June 15, 2026. However, the exchange's final announcement scheduled trading to begin on July 8.
Lightchain AI is a crypto project developing a layer-1 blockchain designed to support artificial intelligence workloads. The project says its network uses an Artificial Intelligence Virtual Machine (AIVM) to execute AI tasks, while its proposed Proof of Intelligence consensus mechanism is intended to reward validators for performing AI computations alongside securing the blockchain.
The BitMart listing comes more than five months after LCAI’s launch on Uniswap following Lightchain AI's $21 million presale. The token opened trading at about $0.0074 before dropping around 80% within minutes as early holders sold into the market. LCAI later recovered to an all-time high of $0.008962 in late March, but has since retreated to around $0.0035, leaving it trading about 52% below its initial Uniswap listing price and 61% below its peak.
