Lighter’s $675M Airdrop Ranks Tenth Largest in Crypto History

According to Bubblemaps, Lighter’s historic airdrop surpasses 1inch’s record, with most early recipients retaining or increasing LIT token holdings amid strong market valuation.

1INCH

Summary

Bubblemaps data reveals decentralized exchange Lighter distributed $675 million worth of LIT tokens to early participants, ranking tenth largest in crypto history and surpassing 1inch Network’s $671 million distribution. LIT's market capitalization stands at $678 million, with tokens trading above $2.71 each. Approximately 75% of recipients still hold their tokens, and 7% have increased their holdings since the distribution.

Terms & Concepts
  • Airdrop: A method of distributing cryptocurrency tokens to multiple wallet addresses, often used for promotion or rewarding users.
  • LIT Tokens: Cryptocurrency tokens distributed by the Lighter project, part of its $675 million airdrop event.
  • Bubblemaps: A blockchain analytics firm that visualizes token holdings and distribution patterns to enhance transparency.