Polymarket bets surge on Lighter airdrop as Hyperliquid lists LIT

cointelegraph2025-12-23 tarihinde yayınlandı2025-12-23 tarihinde güncellendi

Özet

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.

İlgili Sorular

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.

İlgili Okumalar

In Jinjiang, Fujian, a Storage Super Unicorn Lies Quiet

In Fujian's Jinjiang, a city known for sportswear, lies a quiet semiconductor giant: Fujian Jinhua Integrated Circuit Co. (JHICC). Once a promising domestic DRAM manufacturer alongside Yangtze Memory and ChangXin Memory Technologies (CXMT), its journey was derailed in 2018 when the U.S. placed it on an Entity List and filed criminal charges for alleged trade secret theft. This halted production for years. A turning point came in February 2024 when a U.S. federal court found JHICC not guilty. However, it had lost crucial time. While CXMT soared to become a top-valued A-share company in 2024, JHICC, with an estimated valuation of 80 billion RMB, was just restarting. Its current output is primarily customized DDR4 chips, not the advanced DDR5/HBM demanded for AI, but it still benefits from the broader memory chip upcycle. JHICC's story is tied to Chen Zhengkun, a veteran engineer who left Micron to lead the venture. Founded in 2016 with state-backed funding, JHICC partnered with Taiwan's UMC to develop DRAM technology. Rapid progress was cut short by the U.S. actions, which Micron initiated, partly due to its heavy reliance on the Chinese market. Post-sanctions, Chen's team worked to rebuild the production line with reduced reliance on U.S. technology. According to its records, JHICC achieved small-scale production and revenue growth under immense pressure. It now focuses on the stable "niche" DRAM market (e.g., TVs, routers) with a monthly capacity of ~40,000 wafers, aiming for 60,000 by 2026. It holds over 1,000 patents but remains on the Entity List. For Jinjiang, investing in JHICC was a bold industrial leap. The local government provided unwavering financial and logistical support during the crisis, helping the company survive. JHICC has become the anchor for a growing local semiconductor cluster. Though its scale lags behind domestic peers, JHICC's persistence symbolizes a hard-won foothold in a global market long dominated by Samsung, SK Hynix, and Micron. Having missed one boom, it seeks a place in the new AI-driven memory supercycle.

marsbit18 dk önce

In Jinjiang, Fujian, a Storage Super Unicorn Lies Quiet

marsbit18 dk önce

Amid a 38GW Power Shortage, Why Have Bitcoin Mining Facilities Suddenly Become the New Gateway to AI Compute?

Under the impending threat of a 38GW power deficit projected for US data centers between 2026-2028, decommissioned Bitcoin mining sites are emerging as critical infrastructure for AI compute. A growing number of listed North American miners—including TeraWulf, Hut 8, and Cipher Mining—are pivoting to become "Powered Shell Providers." They are repurposing their existing assets: pre-approved grid connections, land, and substations to offer ready-to-use data center shells to cloud providers and AI companies. This shift capitalizes on the severe bottleneck in securing new, large-scale power access, which can take 5-7 years. Analysts at Morgan Stanley estimate retrofitted mining facilities could supply 10-19GW of the needed capacity. The core value proposition is no longer cryptocurrency mining, but selling a scarce "time to power" advantage in the race for AI infrastructure.

华尔街日报18 dk önce

Amid a 38GW Power Shortage, Why Have Bitcoin Mining Facilities Suddenly Become the New Gateway to AI Compute?

华尔街日报18 dk önce

Michael Saylor: 'We Never Said We Would Never Sell Bitcoin'

Michael Saylor stated that his company never made a commitment to never sell its bitcoin holdings, though it expects to remain a net buyer of bitcoin long-term. His comments came following reports that the company had received new authorization to sell up to $5 billion in bitcoin. Saylor clarified that this authorization is not new and was announced on June 29th as part of the company's capital management strategy. He emphasized that the authorization permits but does not obligate sales for specific purposes and that no new approval has been announced. Saylor also noted the company never officially adopted a "bitcoin will never be sold" policy.

cryptonews.ru1 saat önce

Michael Saylor: 'We Never Said We Would Never Sell Bitcoin'

cryptonews.ru1 saat önce

The 'Summer Saw' Continues: A Break Above $67,000 Could Signal the Start of Bitcoin's Rally

Bitcoin continues to consolidate within a $58,000–$67,000 range, with its price dropping to $62,217 on August 1st. Analysts are divided on the next direction. Trader Crypto Candy suggests a potential drop towards $60,000 if the price remains below $66,000. Investor Jelle refers to the prolonged sideways movement as a "summer saw" and maintains a dollar-cost averaging strategy. The key upside scenario hinges on a breakout above $67,000. Daan Crypto Trades states that without this, the movement risks being just an extended pause. Roman projects a sharper rise to $70,000–$80,000+ if a breakout occurs with sufficient volume. Macro-analyst Gert van Lagen views this as an accumulation phase within a multi-year "cup and handle" pattern. He notes that long-term holders are refusing to sell, as indicated by the NUPL metric staying far from capitulation. In summary, the market is in an accumulation phase, with the $60,000 and $67,000 levels being critical. A break above $67,000 could initiate significant growth, while a fall below $60,000 may lead to further decline. The recent pullback shows that legislative catalysts have provided only short-lived momentum, raising questions about the sustainability of any future breakout attempts.

cryptonews.ru1 saat önce

The 'Summer Saw' Continues: A Break Above $67,000 Could Signal the Start of Bitcoin's Rally

cryptonews.ru1 saat önce

Must-Watch Events Next Week｜CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

**Summary: Key Events and Developments to Watch (August 3-9)** The upcoming week is marked by significant financial disclosures, key legislative deadlines, and notable product updates. **Major Financial Events:** Several companies are scheduled to release their Q2 2026 earnings. American Bitcoin (ABTC) will report on August 3, followed by SpaceX and Hut 8 Mining Corp. on August 4, and Circle on August 5. Notably, a significant portion of SpaceX shares (up to 12% of total shares) will be unlocked on August 6 following their earnings release. **Key Legislative Deadline:** The U.S. Senate faces an August 7 deadline to secure 60 votes for the CLARITY Act, a bipartisan bill aiming to establish a federal regulatory framework for cryptocurrencies. The Senate may hold a full vote on the bill during the week. **Economic Data:** The U.S. July Non-Farm Payrolls report will be released on August 7, providing crucial labor market data. **Technology & Product Updates:** * **Shutdowns:** DeFi portfolio tracker Zapper and wallet app Ctrl Wallet will cease operations on August 3. * **Upgrades:** LayerZero will deprecate its v1 relayers on August 3. XRP Ledger's new version 3.3.0, featuring five new functions, is expected next week. * **AI:** Elon Musk announced that the advanced Grok 4.6 AI model is set for release around August 7. * **Bitcoin:** The BIP-110 forced signaling for a potential Bitcoin network change is scheduled to begin around August 8. **Other Notable Events:** Chinese robotics firm Unitree Tech has set its preliminary price inquiry for its IPO for August 5. South Korean exchange Upbit will delist AQT and AERGO tokens on August 3.

marsbit2 saat önce

Must-Watch Events Next Week｜CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

marsbit2 saat önce

İşlemler

Spot
活动图片