As per BlockTempo, Lighter, a decentralized perpetual contract exchange, has officially launched its platform token $LIT. The project distributed a total of 250 million $LIT tokens in a major airdrop, valued at approximately $675 million. One notable recipient was a Taiwanese high school student who earned six-digit points, translating to over $6 million in profits. The airdrop targeted active users from two 2025 seasons, with no lock-up or manual claims required. The token is based on Ethereum Layer 2 and uses ZK technology for order matching and liquidation.
Lighter Platform Token $LIT Launches with $675M Airdrop, Taiwanese High Schooler Earns $6M
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Summary
Lighter, a decentralized perpetual contract exchange, announced a new token listing with the launch of its platform token $LIT. The project handed out 250 million tokens in a $675 million airdrop, with a Taiwanese high school student earning over $6 million. Active users from two 2025 seasons received the airdrop automatically, with no lock-up or claims. Built on Ethereum Layer 2, the token uses ZK tech for order matching and liquidation. This token launch news highlights major on-chain activity and user engagement.
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