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Lighter Completes $675 Million Airdrop, Ranks Among Largest in Crypto History

December 31, 2025
warHial Published by Redacția warHial 4 months ago

$675 Million Airdrop Ranks Among the Largest in Crypto History

The decentralized exchange platform Lighter has executed one of the largest token giveaways in cryptocurrency history, distributing a total of $675 million in Lighter Infrastructure (LIT) tokens to early participants, according to data provided by Bubblemaps. Despite ongoing criticism regarding the distribution method of the token stock, 75% of airdrop recipients chose to retain their tokens.

"$675 million airdrop for early participants. $30 million withdrawn from Lighter (only)," wrote Bubblemaps in a post on X. This $675 million airdrop places Lighter in 10th position in the ranking of the largest airdrops in history, according to cryptocurrency data aggregator CoinGecko.

Lighter’s airdrop surpassed that of 1inch Network, which had a $671 million airdrop, but still trails behind LooksRare's $712 million airdrop from 2022. However, the total of $675 million is modest compared to the $6.43 billion distributed through Uniswap's airdrop in 2020, which remains the largest in the industry to date.

Nevertheless, some early adopters of Lighter, such as the pseudonymous investor Didi, have reported receiving airdrops worth over six figures. Furthermore, approximately 7% of the airdrop recipients opted to purchase additional LIT tokens on the open market, signaling confidence in the DEX token, according to data from Arndxt.

Nonetheless, investors have expressed concerns regarding Lighter's tokenomics, considering that 50% of the LIT supply is reserved for the ecosystem while the remaining 50% is allocated to the team and investors, featuring a one-year cliff and a multi-year vesting schedule.

The LIT token had a market capitalization of $678 million, trading at over $2.71, according to cryptocurrency intelligence platform Nansen. Traders purchasing at these price levels may only enjoy a "short-term trade," as a long-term opportunity would require significantly higher trading volume and "user retention."

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