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Perp-DEX Lighter Announces Airdrop of 12.5 Million Native Tokens

Perp-DEX Lighter Announces Airdrop of 12.5 Million Native Tokens

On December 30, the team behind perp-DEX Lighter introduced the native token LIT. The developers disclosed the token distribution structure and details of the upcoming airdrop.

A total of 12.5 million LIT, representing 25% of the total issuance, has been allocated for the airdrop. The assets will be distributed to participants of the first and second seasons of the loyalty program held in 2025.

The emission distribution is as follows:

The remaining funds in the ecosystem fund will be used for future rewards and partnerships. Team and investor tokens are subject to a one-year lock-up, followed by linear unlocking over three years.

Lighter is registered in the US as a C-Corp. The company plans to direct revenue from the DEX and future services to LIT holders. Depending on market conditions, funds will be allocated between protocol development and token buybacks. Income data will be available on-chain in real-time.

LIT is essential for staking, accessing financial products, paying fees, and validating market data. The project is built on the Ethereum blockchain.

Strategic partners include Robinhood and Coinbase.

Trading of the token began at $2.73. The LIT price reached $7.86 but corrected to $2.95 (at the time of writing).

Source: CoinGecko.

Back in October, Lighter launched its mainnet second layer based on EVM. In December, the platform added spot trading capabilities. 

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