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Lighter's $675 million airdrop enters the top ten in history, with three-quarters of recipients still holding the tokens.
【Blockchain Rhythm】Recently, I came across an interesting set of data: Lighter’s airdrop surprisingly ranks as the tenth largest in crypto history, with a total value of $675 million. To put this into perspective, this surpasses 1inch’s $671 million, indicating that Lighter’s recent move involved quite a significant investment.
What’s even more surprising is the token holding behavior of the recipients. According to the data, about three-quarters of airdrop recipients have held onto their LIT tokens without selling, showing confidence in the project. Additionally, 7% of them chose to increase their holdings, a “vote with real money” attitude that is quite rare.
Of course, ranking tenth sounds impressive, but in the context of the entire airdrop history, the earlier giants are even more formidable. LooksRare’s $712 million airdrop in 2022 ranks ninth, while Uniswap’s $6.43 billion in 2020 remains the industry benchmark.
These figures actually reflect an interesting phenomenon: large airdrops ≠ big success, but holding rates and reinvestment behaviors can reveal the market’s true attitude toward a project. Lighter’s 75% holding rate is quite impressive among airdrops over the years.