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Wednesday Nov 12 2025 23:10
2 min
Following Lighter's announcement of a $68 million funding round led by Founders Fund and Ribbit Capital, with participation from Haun Ventures and Robinhood, the company's valuation has soared to $1.5 billion. This news has sparked significant excitement within the crypto community, making Lighter one of the most watched Perp DEX projects for active participation aimed at a potential airdrop.
Article Summary:
According to DefiLlama data, Lighter's 24-hour trading volume has surpassed $11 billion, placing it at the top among Perp DEX platforms, exceeding Hyperliquid ($9.1 billion) and Aster ($8 billion).
With a valuation reaching $1.5 billion and no token yet, the question remains: will Lighter be the next big airdrop? When will the TGE launch? And is there still time to participate?
Lighter is a perpetual contract trading platform built on Ethereum's Layer 2, aiming to combine the speed and liquidity of centralized exchanges with the security and transparency of decentralized exchanges. Lighter utilizes its proprietary ZK circuits to process matching and liquidation, allowing for the verification of each transaction and liquidation on-chain, thereby achieving high-speed execution while maintaining decentralized trust.
Expectations are building for a potential TGE launch during the Christmas holiday season. According to Lighter founder and CEO Vladimir Novakovski, the second-quarter points program will end before the end of the year, not on December 31st. The Lighter community widely anticipates an airdrop around the Christmas timeframe.
To participate in the points program, follow these steps:
Users can still participate in the second-quarter points program to earn points and partake in the potential airdrop. The goal is to earn as many points as possible at the lowest cost. Those interested should follow the latest developments for optimal trading strategies.
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