Yeah formulating personal care and cosmetics is what I do for a living, and let me tell you every brand brings Lume to us and wants something to compete against it. No one in our lab uses these types of products though. Also Lume smells awful to me.
I think the Lume in a tube has an antiperspirant in it, but other than that there's literally nothing special in the formula. It's just like, lotion/body cream with a high powder load in it (so arrowroot powder, tapioca starch, rice starch, corn starch, baking soda, magnesium hydroxide, etc etc) which works to absorb sweat and odor to a degree don't get me wrong, but isn't like, groundbreaking. Also in my opinion, means you will be flaking eventually. Lots of powders and starches in these formulas, so pilling under boobs, under armpits, behind knees, between thighs, will likely occur by the end of a long day.