Airdrops

In November, Lighter allocated over $24M in LIT to Jump Crypto for market‑making. According to wallet allocations, Jump Crypto received 323,956 LIT in fees and 9,284,890 LIT as liquidity, equal to 0.93% of total supply and 3.72% of circulating supply. DeFiLlama data shows daily fees fell from $1.39M to $139K in December.

Trump Media and Technology Group said Wednesday it will distribute a new digital token to shareholders through a partnership with Crypto.com, issuing on the Cronos chain. Holders are set to receive one token for every whole DJT share and may get periodic rewards tied to Truth Social, Truth+ and Truth Predict; DJT last traded at $13.24, up 5.33%.

Trump Media and Technology Group said it will distribute a new digital token to DJT shareholders through Crypto.com, with one token per whole share at a future record date. The firm emphasized the asset is not equity or a security and may be non-transferable, with utility across Truth Social, Truth+ and Truth Predict.

Lighter's LIT fell roughly 22.2% to around $2.62 after briefly reaching $4.04 as its airdrop distribution went live on Tuesday. Trading activity jumped, with 24-hour volume at 13.43 million, while analysis of 10,000 wallets indicated selling outweighed accumulation early in the distribution. Derivatives net flow readings also showed sustained downside pressure.

On Tuesday, Bubblemaps reported that Lighter distributed $675 million in LIT via an airdrop, which CoinGecko ranks as the 10th largest by USD value. As of Wednesday, around 75% of recipients still held and 7% had added more, while Nansen showed a $678 million market cap and a price above $2.71 at 11:20 am UTC.

Users of Perpetual trading platform Lighter report failed withdrawals showing the error "Too many L2 Withdrawals." On-chain explorer data points to a lag between the Prover and Sequencer, with the last committed block #137759880 finalized prior to the December 30, 2025 update. The team has not issued a formal statement, while LIT trades at $2.84.

On December 30, 2025, Lighter unveiled tokenomics for its Lighter Infrastructure Token (LIT), assigning 50% of supply to ecosystem incentives and 50% to team and investors. The project says insider allocations include a one-year cliff and three years' linear vesting, and confirmed a 25% airdrop tied to two points seasons in 2025.

Decentralized perpetuals exchange Lighter is rolling out the Lighter Infrastructure Token (LIT) as the core asset for its governance and value capture model ahead of its token generation event. Half of LIT’s supply is allocated to ecosystem initiatives, including a 25% fully diluted airdrop for participants in two 2025 points programs, while the remaining half goes to the team and early backers under a one-year lockup and three-year vesting schedule. Revenue from Lighter’s products is designed to accrue onchain to LIT holders through flexible mechanisms such as ecosystem reinvestment or token buybacks.

On December 30, 2025, perpetual futures DEX Lighter launched trading for its native Lighter Infrastructure Token (LIT) after months of building activity. The token's early price discovery saw levels around $2.80, while the platform reported about $1.4B in value locked and $4.7B in daily trading volume. LIT will distribute 25% of its total supply to point farmers based on two 2025 farming seasons, fully unlocked for trading.

Lighter has confirmed its LIT Token Generation Event for December 30, 2025, allocating 25% of the total supply through an immediate, fully unlocked airdrop and reserving 50% for community incentives. With BingX confirming a spot listing and pre-market LIT perpetuals on Hyperliquid drawing over $94 million in daily volume, the launch is shaping up as one of the most closely watched token events of the year.