Lighter Mainnet public test launch: 250,000 points strategy every week in the second quarter

The Ethereum L2 Perptual Futures platform Lighter officially ended its 8-month private testing on October 2, fully opening its Mainnet. The second quarter points program is simultaneously launched, distributing 250,000 points weekly, continuing until the end of 2025, with no invitation code or deposit limit required. The market expects the TGE to take place in Q4, marking the last golden window to participate in the Lighter Airdrop.

What is Lighter? Ethereum native Perp DEX

(Source: DefiLlama)

Lighter is a decentralized perpetual futures trading platform (Perp DEX) built on Ethereum Layer 2 (L2), with the core goal of perfectly combining the speed and liquidity of centralized exchanges (CEX) with the security and transparency of decentralized exchanges (DEX).

Core Technical Features:

Self-developed ZK Circuits: All matching and clearing are verified on-chain, achieving high-speed execution.

Ethereum native composability: LLP Token can collaborate with DeFi protocols such as Aave

Differentiated charging model: Retail investors are almost free of transaction fees, while institutional API high-frequency traders pay fees.

High-frequency trading experience: latency and fees are far lower than traditional DEX

Unlike Hyperliquid's choice of a self-built L1 closed architecture, Lighter adopts a “light frontend, heavy professional” structure, deeply integrating the Ethereum ecosystem, enjoying a low-cost, low-latency, and verifiable execution environment in an open setting. If Aster is backed by Binance, then Lighter is supported by the Ethereum Foundation and top-tier institutions.

How to Participate in the Lighter Season 2 Points Program

The second season of the points program is now fully open, and users can participate without an invitation code, but the invitation mechanism is still retained—referrers can receive additional points rewards.

Participation Steps Tutorial

STEP 1: Connect Wallet

Enter official platform

Connect Ethereum L2 compatible wallet (such as MetaMask)

Complete account registration and login

STEP 2: Deposit funds to start trading

Click on “Public Pool”

Select LLP (Lighter Liquidity Pool)

Deposit stablecoins or assets such as ETH

Start trading to accumulate points.

Distribution Rules for Points:

Distribution period: distributed every Tuesday

Weekly limit: 250,000 points

Event duration: Until the end of 2025 (specific date to be announced by the official).

Witch Prevention: Abnormal behaviors such as multi-account brushing, instant opening and closing will be excluded.

Key Issues and Answers in Public Testing Phase

Q1: How are points calculated?

The official detailed scoring calculation formula has not yet been announced, and the complete rules are expected to be released soon. Unlike the private testing “black box” mode, the public testing version will adopt a transparent scoring mechanism, and it is recommended to closely follow the official X account and Discord community announcements.

Q2: What actions will be deemed as a witch attack?

The Lighter team has clearly stated that it will strictly investigate the following behaviors:

· Multi-account self-trading (wash trading)

· Instant opening and closing of meaningless trades

· Abnormally high frequency of order placement and cancellation

After being marked as a witch account, the system will restrict order opening operations, only allowing the closure of existing orders. Normal short-term trading will not be affected, but please avoid extreme operation modes.

Q3: When does the TGE (Token Generation Event) occur?

According to community feedback and market expectations:

Optimistic expectations: November 2024

Conservative expectation: December 2024

Official statement: During Q4, it does not necessarily wait for the public testing to end.

Lighter founder and CEO Vladimir Novakovski has clarified on the X platform that the Q2 points program will end “before the end of the year,” and not necessarily on December 31, indicating that the TGE may be initiated before the points program concludes.

Why Lighter is Worth Attention?

As the most popular Perp DEX in the community after Hyperliquid, Lighter's core advantage lies in:

Ethereum ecosystem integration: deep composability, enjoy the advantages of DeFi Lego.

Institutional-grade performance: A trading experience close to CEX, but maintaining decentralization.

Fair charging mechanism: retail-friendly, lowering the participation threshold.

Strict Witch Prevention: Protect the rights and interests of real users, enhance Airdrop value

Currently, the TVL (Total Locked Value) continues to rise, indicating the market's high recognition of its technical architecture and Airdrop expectations.