Polymarket bets surge on Lighter airdrop as Hyperliquid lists LIT

cointelegraphPublicado em 2025-12-23Última atualização em 2025-12-23

Resumo

Lighter, a perpetual decentralized exchange (perp DEX) and rival to Hyperliquid, is generating significant airdrop speculation. A core contributor announced the platform is finalizing its token generation event (TGE), including removing Sybil and wash-trading points from its Season 2 rewards program. Hype intensified when Hyperliquid listed the yet-to-launch LIT token. Lighter opened an airdrop allocation form, allowing users to direct tokens to additional wallets, with submissions accepted until Friday. The transfer of 250 million LIT tokens (25% of supply) further fueled expectations. On prediction market Polymarket, the odds of an airdrop occurring by December 31st have surged to 86%, with $9.5 million in betting volume. Lighter recently raised $68 million in a round led by Founders Fund and Ribbit Capital.

Lighter, a perpetual decentralized exchange (perp DEX) and a major rival to Hyperliquid, is fueling airdrop speculation as Polymarket traders bet on a token launch before year’s end.

Sebas, also known as Babastianj, a core contributor to the Lighter DEX, announced on the project’s Discord channel Monday that the platform is finalizing key processes ahead of the highly anticipated token generation event (TGE).

“We’re in the final stretch of Season 2 and are running data science to remove Sybil, self-trading, and wash-trading points,” he said, adding that all slashed and removed points are planned to be redistributed to the community.

The announcement has fueled growing optimism over Lighter’s airdrop, further amplified with Hyperliquid’s listing of the yet-to-launch Lighter token against USDC (USDC) on Monday.

Lighter’s airdrop allocation form open until Friday

Lighter launched an airdrop allocation form on Sunday, allowing users to direct their tokens to up to four additional wallets.

The optional form lets users allocate different token amounts to each wallet, with submissions accepted through Friday.

“If you do not submit this form and are eligible, the airdrop will be sent to your main Lighter account,” Sebas said on Discord.

Source: Discord

Lighter transferred 250 million LIT tokens — representing 25% of the total supply — on Friday, sparking community speculation that the move signaled an upcoming user airdrop ahead of the TGE, expected by Dec. 31.

Source: Fiyalkin

According to Lighter, its Season 1 points program ended with the final private beta distribution on Sept. 30, while Season 2 points are distributed every Friday.

Related: Hyperliquid says ex-employee responsible for HYPE token shorting

The points are earned by running organic trading strategies via user interface and application programming interface.

Polymarket odds on Lighter airdrop at 86%

Amid rising community anticipation, the odds that Lighter’s airdrop will occur before the end of the year have been climbing on the prediction market Polymarket, with $9.5 million in volume backing bets that it will take place by Dec. 31.

At least 86% of traders have positioned their predictions on a “yes” scenario.

Onchain analyst Andrew 10 GWEI previously suggested that the airdrop would happen by the end of December, using an alleged insider bet proof on Polymarket.

Source: Polymarket

The news follows Lighter’s $68 million fundraising round announced in November, led by Peter Thiel’s Founders Fund and fintech investor Ribbit Capital, shortly after the platform launched its public mainnet in October.

Related: Coinbase opens Solana DEX access as CeFi and DeFi converge

Founded in 2022 by tech entrepreneur Vladimir Novakovski, Lighter has emerged as a key competitor in the perpetual decentralized exchange market, ranking as the second-largest perp DEX after Hyperliquid at the time of publication, according to DefiLlama data.

In mid-December, major US cryptocurrency exchange Coinbase added Lighter to its listing roadmap, signaling a potential future listing of the token, which has yet to be generated.

Perguntas relacionadas

QWhat is the current probability on Polymarket that Lighter's airdrop will occur before the end of the year?

AThe current probability on Polymarket is 86%, with $9.5 million in volume backing bets that the airdrop will take place by December 31st.

QWhat action did Hyperliquid take that amplified the speculation around Lighter's token?

AHyperliquid listed the yet-to-launch Lighter token (LIT) against USDC on Monday, which amplified the growing optimism over the airdrop.

QWhat is the purpose of the airdrop allocation form that Lighter launched, and until when is it open?

AThe optional airdrop allocation form allows eligible users to direct their tokens to up to four additional wallets, with different amounts for each. Submissions are accepted through Friday.

QWhat percentage of the total LIT token supply was transferred recently, and what did this action spark in the community?

ALighter transferred 250 million LIT tokens, representing 25% of the total supply. This sparked community speculation that it signaled an upcoming user airdrop ahead of the Token Generation Event (TGE).

QWho led Lighter's recent $68 million fundraising round?

AThe $68 million fundraising round was led by Peter Thiel's Founders Fund and fintech investor Ribbit Capital.

Leituras Relacionadas

The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

SK Group Chairman Chey Tae-won's high-profile divorce case, involving a record 1.38 trillion won settlement, has drawn attention to the succession plans for Korea's second-largest conglomerate, especially its crown jewel, SK hynix. Unlike traditional chaebol scripts centered on the eldest son, Chey's three children from his marriage to former President Roh Tae-woo's daughter, Roh Soh-yeong, are carving distinct, non-traditional paths. Eldest daughter Chey Yun-jung (b. 1989) is seen as the most evident successor. With a scientific and consulting background, she holds executive roles at SK bioscience and SK Inc.'s growth support department, focusing on future strategy and biopharma. Her marriage is to an AI infrastructure entrepreneur, not a traditional business alliance. Second daughter Chey Min-jung (b. 1991) took a unique route, voluntarily serving as a South Korean naval officer, including an anti-piracy deployment. She later worked on policy and strategy for SK hynix in Washington D.C. before co-founding an AI-driven healthcare startup. She married a former U.S. Marine Corps officer, connecting her to U.S. defense and policy circles—networks crucial for a global semiconductor giant. The only son, Chey In-geun (b. 1995), who studied physics like his father, worked briefly at SK E&S before joining McKinsey. Despite fitting the traditional "heir" profile as the eldest son, he remains silent and holds no public position or shares in SK, suggesting the old succession playbook is obsolete. As SK hynix's valuation soars, becoming a geopolitical asset in the AI era, the heirs' legitimacy is no longer automatic. They must prove themselves in fields like AI biotech, global policy, and strategic consulting. Their marriages also reflect new elite networks in tech and defense, not old political alliances. Their inheritance is the complex challenge of navigating a globalized, tech-driven world, not just a corporate throne.

marsbitOntem 09:06

The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

marsbitOntem 09:06

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

From OpenSea to OpenRouter: Is Alex Atallah Repeating His "Exit at the Peak" Playbook? According to the Wall Street Journal, payments giant Stripe is in talks to acquire the AI model aggregation platform OpenRouter in a potential deal valuing the company near $100 billion. This would mark founder Alex Atallah's second creation of a company reaching a $100 billion valuation, following his co-founding of NFT marketplace OpenSea. OpenRouter, founded just over three years ago, has grown rapidly by acting as a unified gateway for developers to access over 400 AI models. It currently has about 10 million users and processes over 200 trillion tokens monthly. While the platform's annualized revenue is around $50 million, its valuation has skyrocketed from $1.3 billion in March 2026. The potential acquisition by Stripe, a company OpenRouter's founder once likened it to, represents a major expansion into AI infrastructure for the payments leader. This move echoes Atallah's previous timing with OpenSea, where he departed before the NFT market's significant downturn. For OpenRouter, selling now may be strategic. Despite its scale, its business model—charging a 5-5.5% fee on AI inference calls—faces pressure from competition, open-source models, and potential price wars among model providers, limiting its profitability narrative for an IPO. A key asset for potential acquirers like Stripe is OpenRouter's vast repository of real-world AI usage data, which offers unique insights into model performance and developer preferences that are difficult to replicate. Whether this potential deal signifies a new valuation benchmark for AI infrastructure or another market peak signal remains to be seen.

链捕手Ontem 08:42

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

链捕手Ontem 08:42

Trading

Spot
活动图片