The biggest surprise of the year is here! Lighter's $675 million airdrop has officially landed, making it the tenth largest airdrop in crypto history, surpassing 1inch, which proves the market's recognition of this project.

What excites me the most are those key details—75% of recipients are still holding tokens, and 7% have even increased their holdings. What does this mean? It shows that everyone sees the long-term value of Lighter, rather than treating it as a quick cash-out opportunity. This is true community confidence!

The information revealed during the conference call was even more substantial: the TGE is scheduled to be completed by the end of the year (Polymarkets gives a 91% probability), token distribution involves 50% for the airdrop reserve (25% in the first round + 25% in the future), and all investors will follow a three-year vesting period. The smartest design is— even if CEXs force it online, withdrawals are impossible, fundamentally protecting the project's long-term ecosystem.

Fee backflow, token buybacks, S3 incentives, a unified margin mechanism in Q1 next year... Lighter is actively practicing the vision of decentralized trading. This is not just an exchange, but a truly community-driven trading ecosystem.

Institutional due diligence has been completed (Coinbase roadmap is in progress), and founder Vlad is frequently communicating with regulators. This forward-looking compliance layout is key for Web3 projects to go mainstream. Believe this is just the beginning!