Lighter Concludes Season 2 Points Distribution on Solana DEX

On December 27, 2025, Lighter, a decentralized perpetual futures exchange on Solana, announced the completion of its Season 2 points distribution via Discord, addressing speculative community concerns.

The community speculates a Season 3 points event tied to Lighter’s anticipated TGE, impacting the distribution and trading of Lighter’s LIT token.

Lighter DEX Ends Season 2, Tightens Sybil Measures

Lighter’s leadership confirmed the completion of Season 2’s points distribution, eliminating sybil, self-trading, and wash-trading activities. Vladimir Novakovski, the project’s CEO, affirmed the removal of these practices to foster fair trading. The community is advised to avoid any airdrops or claim links, as they are presently inactive. The term “S3e” mentioned in communications indicates the likelihood of a Season 3 event, potentially coinciding with the anticipated TGE. This event is expected to leverage 25% of the token supply for distribution directly to user wallets.

Sebas, Core Contributor at Lighter DEX, announced, “We are finalizing processes ahead of TGE,” indicating the team’s efforts to ensure the integrity of the points system while addressing sybil and self-trading.

Reactions among stakeholders remain optimistic yet speculative. In a discord statement, core contributor Sebas highlighted the initiative’s commitment to fairness, while the Head of Marketing, Pilla.eth, revealed plans for further community engagement through buybacks and structured token allocation.

LIT Token Faces Challenges Amid DeFi Expansion

Did you know? Lighter’s initial Season 1 directly facilitated $550 billion in trading volume, reflecting the high engagement levels that continue to influence the decentralized perpetual futures market.

Litentry (LIT) reports a current price of $0.12 and a fully diluted market cap of $11.81 million, with no circulating supply as of December 27, 2025, according to CoinMarketCap. The token’s 24-hour trading volume changed by 88.25%, showing a 0.99% decline over the same period. Over the past 90 days, LIT has decreased by 70.35%.

Coincu’s research team suggests that fair distribution mechanisms and active community engagement strengthen Lighter’s positioning in the growing DeFi landscape. Implementing robust anti-sybil measures underpins similar strategies employed across peer decentralized exchanges in recent cycles, fostering broader market confidence. Structural adaptations moving forward could further enhance competitiveness.