The Lighter TGE is here, and this is what we know so far.
20 tokens of LIT have been received for each point. You can now check the distribution in your wallets.
Lighter ranks as the second-largest perpetual futures DEX, just behind Hyperliquid, giving it significant relevance within the ecosystem.
Tokenomics and airdrop:
50% of the total supply has been allocated to airdrops. 25% has been distributed in this first airdrop. The remaining 25% is reserved for future airdrops, yet to be defined.
Unlocks:
Both the team and investors have a one-year cliff, followed by a linear vesting over three years.
Supply breakdown: 26% allocated to the team. 24% allocated to investors.
Overall, the unlock structure and the high allocation to the airdrop reduce initial selling pressure.
Currently, the Lighter wallet holds approximately 1,216 LIT (around $3,000 USD), and this figure continues to grow, suggesting that buybacks may have already started. Additionally, it holds close to $550,000 USD in USDC from Perps and about $110,000 USD in spot USDC.
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The Lighter TGE is here, and this is what we know so far.
20 tokens of LIT have been received for each point.
You can now check the distribution in your wallets.
Lighter ranks as the second-largest perpetual futures DEX, just behind Hyperliquid, giving it significant relevance within the ecosystem.
Tokenomics and airdrop:
50% of the total supply has been allocated to airdrops.
25% has been distributed in this first airdrop.
The remaining 25% is reserved for future airdrops, yet to be defined.
Unlocks:
Both the team and investors have a one-year cliff, followed by a linear vesting over three years.
Supply breakdown:
26% allocated to the team.
24% allocated to investors.
Overall, the unlock structure and the high allocation to the airdrop reduce initial selling pressure.
Currently, the Lighter wallet holds approximately 1,216 LIT (around $3,000 USD), and this figure continues to grow, suggesting that buybacks may have already started. Additionally, it holds close to $550,000 USD in USDC from Perps and about $110,000 USD in spot USDC.