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Details: https://www.gate.com/announcements/article/47889
Lighter ran its airdrop on December 30, 2025, billed as the last major airdrop of 2025. Early users received allocations based on points. Prior valuation expectations clustered around $3B–$5B, but LIT slipped below $3 to roughly $2.8, implying FDV $2.8B.