According to a recent update from the Lighter team’s $LIT token, a token generation event (TGE) for the $LIT token is scheduled to take place, and the associated airdrop, one of the incentives used to attract participants to the exchange points-based campaign, has concluded.
Live chat Pietro from the Lighter team, along with podcast host 0x_tiago, shared more about what Lighter is and the solid alpha it currently has for airdrops.
When is the lighter airdrop?
According to Pietro’s chat, the airdrop and TGE are expected to happen before the end of 2025, leaving about four days, long enough for anything to happen.
TGE and airdrops are confirmed to take place in 2025, with 25% of supply going to airdrops and no vesting period. There is also no claim process as the tokens are airdropped directly into the point holder’s writer wallet.
Those interested in learning more about Tokenomics will need to be patient as it will be rolled out in stages. What we know for sure is that 50% of the supply will go to the community and buybacks are planned.
After the airdrop, it is designed to accrue value to token equity holders who are also token holders. In layman’s terms, this means that value flows into the token. Tokens are first published on Lighter. Although the team claims there are no plans to pay for a CEX listing, Coinbase and Bybit have already added LIT to their respective roadmaps.
There was a question about official NFTs, but during the chat, it became clear that they don’t exist. However, some releases may come from prominent community members such as Fuegonft.
Although the airdrop campaign has ended, writers’ representatives reiterated that they intend to continue to be a cheap platform to trade on, especially when considering spreads and commissions.
Revenue comes from premium accounts and liquidations, so you don’t have to worry about losing profits just because users stop using after getting a drop. Also, the writer has promised not to develop L1. Instead, we plan to use the zkEVM sidecar and optimize for the future. Sidecar brings composability to the broader DeFi environment and is expected to launch in the first half of 2026.
During our chat, it became clear that Lighter is comparable to CEX and not competing with other DEXs. The company is already developing a mobile app to rival the CEX app, and the team is reportedly working on options, tokenized stocks, and other RWAs.
Hyper Liquid has already listed $LIT
Speculation about a Lighter airdrop further increased after Hyperliquid listed its unsold Lighter token against $USDC on Monday in response to a community request.
It is available as a pre-market perpetual contract called LIT-USDC hyperps, allowing users to go long or short unreleased tokens with up to 3x leverage.
On Sunday, the day before the listing, the writer submitted an airdrop allocation form, giving users the option to send tokens to up to four additional wallets.
An optional form also allows users to allocate different amounts of tokens to each wallet, and submissions will be accepted until Friday. Sebas stated on Discord that if the user does not submit the form and is eligible, the airdrop will be sent to their main Lighter account.
Writers transferred $250 million of LIT tokens on Friday, representing 25% of the total supply. The move sparked community speculation that an upcoming user airdrop could take place ahead of a token generation event scheduled for December 31st.
The first season of the Season 1 Points program concluded with the final private beta distribution on September 30th. Season 2 points were distributed every Friday and were earned by implementing organic trading strategies through the user interface and application programming interface. This too has ended and points have been distributed.
