Polymarket bets surge on Lighter airdrop as Hyperliquid lists LIT

Speculation surrounding the Lighter decentralized exchange's (DEX) token generation event (TGE) and airdrop has intensified, evidenced by surging bets on Polymarket. A core contributor announced they are finalizing Season 2 processes, including Sybil resistance measures, with slashed points to be redistributed. This optimism was further fueled by Hyperliquid listing the Lighter token (LIT) against USDC. Lighter also opened an optional allocation form for eligible users to direct their tokens to up to four other wallets until Friday. The platform transferred 250 million LIT tokens (25% of total supply) recently, suggesting an imminent user airdrop, potentially before the expected December 31 TGE. On the Polymarket prediction platform, 86% of traders are betting the airdrop will occur by year-end, backing $9.5 million in volume. Lighter, a major rival to Hyperliquid, recently raised $68 million and had its public mainnet launched in October, with Coinbase also signaling potential future listing interest.

(Source：Cointelegraph)