Jump Crypto receives nearly ten million LIT airdrop, initiates market-making layout on Lighter

DAOplomacy · 2025-12-31T14:20:10+00:00

Jump Crypto received an airdrop of 9,284,800 LIT, valued at approximately $24.2 million. This airdrop accounts for 0.93% of the total LIT supply, with a circulating supply ratio of 3.72%. This indicates that Jump Crypto has a significant stake in the project, participating in market making and earning rewards.

DAOplomacy

2025-12-31 14:20:10

Abstract generation in progress

【Crypto World】Interesting data has emerged. Jump Crypto received an airdrop of 9,284,800 LIT tokens, which is approximately $24.2 million at current prices.

Details are key — they have been market-making on Lighter since mid-November. In this airdrop, 323,900 LIT were allocated to newly created wallets, which appears to be a reward for market-making. The remaining LIT was distributed across 24 associated accounts.

From a supply perspective, this airdrop accounts for 0.93% of the total LIT supply, with a higher proportion in circulation at 3.72%. This indicates that Jump Crypto has a significant stake in this project, participating in market-making to provide liquidity and receiving substantial airdrop incentives.

LIT-5,96%

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TokenSherpa

· 21h ago

actually, let me break this down for you... jump securing nearly 3.72% of circulating supply through a "market-making incentive" is basically just governance capture dressed up in liquidity provider language, historically speaking this pattern precedes some pretty aggressive voting blocs, ngl kinda sus how they're distributing across 24 wallets when you could consolidate voting power

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ThreeHornBlasts

· 21h ago

It's Jump Crypto again. These guys are really everywhere.

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LiquidityWizard

· 21h ago

actually, 3.72% of circulating supply is statistically significant enough to move price action if they dump... which they probably will lol

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SilentObserver

· 21h ago

Jump's move is really aggressive; they just got $24 million this easily. --- Is market making really that profitable? I need to consider it. --- Splitting into 24 wallets, now that's a real play. --- With a 3.72% circulating supply share, that weight is indeed significant. --- They started laying out the plan back in November; LIT's arrangement is clear. --- Airdropped 9.28 million tokens directly, the big picture is truly opening up. --- Wallets are dispersed; everyone in the know plays like this. --- Market making can still earn airdrops; this business is worth it. --- Is LIT's tilt towards Jump this strong? That's interesting. --- Over 980,000 tokens given to new wallets, the rest are dispersed skillfully. --- Less than 1% supply but accounts for 3.7% of circulation; what does that mean? LIT isn't that rare.

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FlashLoanLarry

· 21h ago

Jump really scored big this time, grabbing an airdrop of over $24 million with no hesitation.

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