Jump Crypto received an airdrop of 9,284,890 LIT, approximately worth $24.2 million

GateUser-6433627c · 2025-12-31T13:52:51+00:00

Jump Crypto received an airdrop of 9,284,890 LIT on December 31, valued at approximately $24.2 million. Some of these tokens were distributed to new wallets, possibly related to market-making activities, making Jump a market maker for the Lighter trading platform.

GateUser-6433627c

2025-12-31 13:52:51

Abstract generation in progress

On December 31, according to MLM monitoring, Jump Crypto received an airdrop of 9,284,890 LIT (approximately $24.2 million). It started market making on Lighter in mid-November. Of these 9,284,890 LIT, 323,956.6 LIT were distributed to newly created wallets, which likely represent rewards directly earned from market making activities. This also means that Jump effectively became a market maker on the platform in exchange for 9,284,890 LIT. This amount accounts for approximately 0.93% of the total token supply and about 3.72% of the circulating supply.

LIT-10,5%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.