MONDAY, 17 AUGUST 2026Week of MONDAY, 3 AUGUST 2026

LitVM News

LitVM Weekly

LiteForge Hits 200M Transactions as Hashlock Signs as Auditor

LiteForge reached 200 million testnet transactions, Hashlock joined as an audit partner, and several ecosystem integrations were detailed.

Week of Built from 12 filings

LitVM reported that its LiteForge testnet surpassed 200 million transactions since launching in April, while the core team selected Hashlock as an audit partner ahead of mainnet. Ecosystem contributors also outlined a series of incoming deployments spanning prediction markets, data oracles, and tokenized equities. In addition, new campaign tasks were unlocked as developers expanded testing on the network.

Testnet Milestone and Audit Partnership

LitVM announced that LiteForge crossed 200 million total transactions since its testnet went live four months ago. Commenting on the metric, LiteStrategy CEO Jay File stated that the network has maintained consistent transaction volume across the four-month window rather than relying on a short-term spike.

Preparations for the eventual mainnet launch also advanced this week. LitVM named Hashlock as an official audit partner, citing the need to safeguard the rollup by building on Litecoin's established security record.

Testing incentives continued alongside the network activity. The LitVM team announced that Location 5 has opened in the LiteForge Pioneer Campaign hosted on Arkada.gg, allowing participants to explore additional ecosystem applications and accrue campaign points.

Ecosystem Integrations and Infrastructure

Ecosystem updates detailed several applications and infrastructure tools preparing for deployment. According to ecosystem observer @circle_crypto, Midas Hand is developing prediction markets designed to access liquidity from Polymarket directly from LitVM.

The same update noted that Steer has deployed Atlas, an oracle implementation aimed at providing data feed redundancy on the network. Additionally, Fenus is developing products to bring traditional stock market access to LitVM, while an unnamed lending market featuring a dedicated strategy lab and a new privacy protocol are also preparing to launch.

Addressing the network's progress, @circle_crypto attributed LiteForge's traction to independent open-source contributors and cypherpunks building without external state backing or large institutional war chests.

Network Governance and Foundation Alignment

LitVM published a statement highlighting its launch structure, stating that the project operates without a pre-mine or insider token allocations, aligning its approach with the Litecoin Foundation's donation-based model. The Litecoin Foundation acknowledged the note, pointing community members to its public projects directory and reminding supporters of Charlie Lee's ongoing annual donation-matching pledge.

Institutional alignment was also highlighted by Jay File in an appearance shared by LitVM, where File argued that institutional conviction combined with hard money principles positions Litecoin and its rollup ecosystem for sustained expansion.