Users Withdraw $250 Million After Lighter LIT Airdrop
This article is machine translated
Show original
Decentralized perpetual futures exchange (Perp DEX) Lighter airdropped its native token, LIT, and has seen an estimated $250 million in withdrawals, CoinDesk reported, citing on-chain data platform Bubble Maps. This represents 20% of Lighter's $1.4 billion total value locked (TVL). "While this number may seem significant on its own, the post-airdrop movement of funds is a natural phenomenon as users rebalance their positions and move on to the next farming opportunity," Bubble Maps CEO Nicolas Byman explained.
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





