Polymarket bets surge on Lighter airdrop as Hyperliquid lists LIT

cointelegraphОпубліковано о 2025-12-23Востаннє оновлено о 2025-12-23

Анотація

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.

Пов'язані питання

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.

Пов'язані матеріали

Strategy’s STRC Drop Shows The Risk Behind Bitcoin-Linked Credit Products

Strategy Inc.'s (formerly MicroStrategy) preferred stock, STRC, traded sharply below its $100 reference value during recent market stress, hitting an intraday low of $82.53. The company's CEO framed the drop as a "leverage flush"—forced selling by investors using borrowed money—rather than a fundamental default event. This distinction highlights that the selloff resulted from market mechanics and liquidity pressures, not missed payments by the issuer. The episode underscores the specific risks embedded in Bitcoin-linked credit products, which can behave differently from holding Bitcoin or common stock. As Bitcoin treasury strategies become more complex and financialized, instruments like preferred shares introduce additional layers of risk, including leverage, liquidity constraints, and sensitivity to Bitcoin's volatility. The STRC movement serves as a warning about the fragility of these structures in stressed markets, even when the underlying company remains solvent.

bitcoinist6 год тому

Strategy’s STRC Drop Shows The Risk Behind Bitcoin-Linked Credit Products

bitcoinist6 год тому

Australia’s High Court Hands ASIC Major Win In Block Earner Crypto Yield Case

Australia's High Court unanimously ruled in favor of the securities regulator ASIC in a case against crypto platform Block Earner. The court determined that Block Earner's historical 'Earner' fixed-yield product was a financial product and a derivative, requiring an Australian Financial Services Licence. This landmark decision establishes that crypto yield products promising structured returns can fall under existing financial services law, regardless of their digital asset nature. While the specific product is no longer offered, the ruling sets a significant precedent for how similar crypto investment and derivative-like offerings will be regulated in Australia. The case now returns to a lower court to determine penalties against Block Earner.

bitcoinist9 год тому

Australia’s High Court Hands ASIC Major Win In Block Earner Crypto Yield Case

bitcoinist9 год тому

Blockchain.com Expands Tokenized Stock Access Through Ondo Finance

Blockchain.com has expanded its partnership with Ondo Finance to integrate tokenized U.S. stocks and ETFs into its wallet ecosystem. This move allows eligible, primarily non-U.S., users to access traditional financial assets through a familiar crypto-native interface, blending real-world asset exposure with existing crypto holdings like stablecoins and DeFi tools. Ondo Finance, a key player in tokenizing assets like Treasuries and equities, gains a significant distribution channel through Blockchain.com's large user base. The partnership highlights the industry trend of making tokenized assets as accessible as ordinary crypto tokens, targeting global audiences who may face barriers using traditional brokerage services. While the tokenized real-world asset (RWA) market grows increasingly competitive, questions remain around custody, regulation, and market structure. Blockchain.com and Ondo are betting that seamless wallet integration can address these challenges and drive broader adoption.

bitcoinist11 год тому

Blockchain.com Expands Tokenized Stock Access Through Ondo Finance

bitcoinist11 год тому

CPU Makes a Comeback to the Table, A $170 Billion "Power Seizure" Drama Begins

A new era is dawning for the server CPU (Central Processing Unit), driven by the shift from AI model training to large-scale reasoning and the rise of Agentic AI. This article explores how the CPU is reclaiming a central role in the AI data center. For years, the focus has been on the GPU (Graphics Processing Unit) for AI training. However, as AI moves to the inference and Agent phase—where tasks involve complex, multi-step reasoning, tool calls, and data management—the workload balance is flipping. Studies show CPUs now handle over 70% of the workload in Agentic AI, up from 10-30% in training. This is because Agent tasks generate massive intermediate data (KV Cache) that exceeds GPU memory, forcing it to be offloaded to the CPU's larger, more scalable memory pools. This increased importance is translating into market changes. Major players are taking note: NVIDIA launched its first standalone CPU line, Vera, based on ARM architecture and optimized for Agent performance. AMD doubled its server CPU market forecast to over $1200 billion by 2030. Analyst reports project the total server CPU market could reach $1700 billion by 2030, with AI-driven demand being a primary driver. Furthermore, the classic ratio of CPUs to GPUs in AI servers is rapidly changing, converging from 1:8 toward 1:1 for Agent deployments. This surge in demand has led to a rare industry-wide price increase of 10-15% for server CPUs from Intel and AMD, breaking a decade-long trend of "more performance for the same price." Demand is bifurcating into high-core-count CPUs for in-rack GPU support and moderate-core CPUs for standalone Agent task orchestration. In China, this global trend presents an opportunity for domestic CPU manufacturers like Hygon (海光信息) and Huawei Kunpeng, who are bolstered by both growing AI infrastructure needs and national policies promoting technological self-reliance ("xin chuang"). The maturity of their software ecosystems is also accelerating, evidenced by faster adaptation to new AI models. In conclusion, the narrative is shifting from a GPU-centric view to one where CPU-GPU synergy is critical. The CPU is no longer a peripheral component but a performance-defining bottleneck and a key growth driver in the AI hardware stack, opening a massive new market estimated in the hundreds of billions of dollars.

marsbit11 год тому

CPU Makes a Comeback to the Table, A $170 Billion "Power Seizure" Drama Begins

marsbit11 год тому

TechFlow Intelligence: AMD AI Director Publicly Criticizes Claude Code for "Becoming Dumber and Lazier", Trump Claims Full Ceasefire in Hormuz But Strait Still Has 80 Unexploded Mines

TechFlow Intelligence Report: This daily digest covers key developments in AI, crypto, hardware, and geopolitics. In AI, SK Telecom faces US export control scrutiny over its partnership with Anthropic, while a Gemini user reports being misled in a scam scenario, sparking safety debates. China's Z.AI launches the GLM-5.2 model, rivaling Claude Opus without NVIDIA chips. In crypto, Bithumb lists ReProtocol, and Upbit delists KernelDAO. On the hardware front, MIT researchers build a custom OS to study chips, ASML denies US claims its advanced lithography machines are in China, and Amazon considers selling its in-house AI chips. Apple's future A21 Pro chip may use TSMC's latest N2P process. Major tech issues include 10,000 GitHub repositories distributing malware and Apple patching a critical eavesdropping flaw in Beats earbuds. US stocks rise, led by semiconductors, with Intel surging 10.6%, while SpaceX falls 3.5%. Geopolitically, despite a US-Iran deal, the Strait of Hormuz remains risky with ~80 uncleared mines, stalling 80M barrels of oil on standby tankers. Iran postpones Switzerland talks, and Trump calls the agreement an "unconditional surrender." The report highlights a contrast: temporary geopolitical calm versus the ongoing, fundamental restructuring of tech supply chains and chip independence.

marsbit11 год тому

TechFlow Intelligence: AMD AI Director Publicly Criticizes Claude Code for "Becoming Dumber and Lazier", Trump Claims Full Ceasefire in Hormuz But Strait Still Has 80 Unexploded Mines

marsbit11 год тому

Торгівля

Спот
Ф'ючерси
活动图片