It appears that "CL Inst Light Lip Balm Perf 01" may refer to a cosmetic product, specifically a lip balm, made by the brand "CL".
Without more information, it is difficult to determine the exact characteristics of this lip balm. However, "Inst Light" may suggest that the lip balm has a lightweight texture or feel, while "Perf 01" may refer to the product having a specific scent or flavor.
If you have any additional information or context, please let me know and I'll do my best to provide more information.