According to recent updates from the Lighter team $LIT token, there is going to be a token generation event (TGE) for their $LIT token and the associated airdrop, one of the incentives used to attract participants to the exchange points-based campaign, has wrapped up.
During a live chat with podcast host 0x_tiago, Pietro from the Lighter team shared more about what Lighter is all about, as well as solid alphas concerning the now confirmed airdrop.
When is the Lighter airdrop?
According to Pietro’s chat, the airdrop and TGE can be expected to happen before 2025 runs out, which leaves roughly 4 days, long enough for anything to happen.
The TGE & airdrop have been confirmed to happen in 2025, with 25% of the supply dedicated to the airdrop and no vesting period involved. There will be no claim process either, as the token will be airdropped directly into the point holder’s Lighter wallet.
Those curious about the tokenomics details will have to be patient, as it will be rolled out gradually. What we do know for sure is that 50% of the supply will go to the community, and buybacks have been planned.
After the airdrop, value is designed to accrue to the token equity holders, who are also token holders. In plain terms, this means that value will flow to the token. The token will go live on Lighter first. The team claims it has no plans to pay for CEX listings, but Coinbase and Bybit have already added $LIT on their respective roadmaps.
There have been questions about an official NFT, but during the chat, it was revealed that there was none. However, some releases might come from some prominent community members like Fuegonft.
Even though the airdrop campaign has come to an end, the Lighter representative reiterated that it intends to remain a cheap platform to trade on, especially when one accounts for spreads and fees.
Revenue is generated from premium accounts and liquidations, so there are no fears that it won’t turn profits just because people stop using it after they get their drops. Also, Lighter has promised it is not going to develop an L1. Instead, it plans to optimize for the future with a zkEVM sidecar. The sidecar brings composability with the broader DeFi landscape and is planned to launch in H1 2026.
During the chat, it was made clear that Lighter is being positioned to rival CEXs and not compete with other DEXs. It already has a mobile app in the works to rival CEX apps, and the team is reportedly working on options, tokenized stocks and other RWAs.
Hyperliquid has already listed $LIT
Speculations on the Lighter airdrop increased even more after Hyperliquid’s listing of the yet-to-launch Lighter token against $USDC on Monday at community request.
It is available as a pre-market perpetual contract called LIT-USDC hyperps, and allows users to long or short the yet-to-be-launched token with up to 3x leverage.
The day before the listing, on Sunday, Lighter sent out an airdrop allocation form, which gave users the option to direct tokens to up to four additional wallets.
The optional form also lets users allocate different token amounts to each wallet, with submissions accepted through Friday. According to what Sebas said on Discord, if users do not submit the form and are eligible, the airdrop will be sent to their main Lighter account.
Lighter transferred 250 million $LIT tokens, representing 25% of the total supply, on Friday. The move has sparked community speculation that the upcoming user airdrop could happen ahead of the token generation event expected by December 31.
The first season of the Season 1 points program ended with the final private beta distribution on September 30. Season 2 points were distributed every Friday, earned by running organic trading strategies via the user interface and application programming interface. It has also ended, and the points have been distributed.
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