Classified: For Operators Only

Lighter DEX Airdrop

Maximizing Your Point Allocation

The "Zero-Fee" Extraction Manual (Season 2)
Version
2.0 (End-Game)
Target
$LITER TGE
Deadline
Dec 31, 2025
Risk Profile
High / Aggressive

01. The Context: Why Lighter, Why Now?

You missed the golden era of dYdX? You watched Blur mint millionaires? The market is currently in the "Perp DEX Wars." Capital is flowing from CEXs to on-chain orderbooks.

The current landscape is a three-way standoff: Hyperliquid (The Leader), Aster (The Challenger), and Lighter (The Dark Horse).

Lighter is the "Dark Horse" because it uses ZK-Rollup technology on a custom Layer 2, settled on Ethereum. It is backed by Tier-1 VCs (a16z, Paradigm equivalents). The protocol is currently in Season 2, distributing ~250,000 points weekly.

The Opportunity

Unlike Hyperliquid, which is saturated, Lighter's barrier to entry (custom L2 deposit) keeps the "low-effort" farmers out. The points-to-token ratio here will likely be higher for sophisticated operators. We are not here to "participate"; we are here to dominate the allocation.

02. Prerequisites & Setup

IQ Test Required

Do not fail the IQ test before you begin.

  • Wallet: Use a fresh Rabby or MetaMask address. Do not link this to your main cold storage.
  • Capital: Minimum $1,000 USD for effective farming. Ideal: $5,000+.

The Bridge

Lighter is a separate chain. You cannot just swap on Arbitrum.

Action: Bridge USDC or ETH from Ethereum Mainnet to Lighter Layer 2 via the official bridge.

Note: Deposit times are fast, withdrawals take time (ZK proof generation). Don't bridge funds you need for rent tomorrow.

Open Bridge

03. The "Volume Strategy"

In DEX airdrops, Volume is King, but in 2025, "Organic" Volume is God.

The Good

You can generate infinite volume without burning gas/fees (0% retail fees).

The Bad

It is incredibly easy to Sybil. The team knows this. Their filters detect "Wash Trading."

The "Wash Trading" Trap

If you open a $50k Long and immediately close it 5 seconds later to farm points, you will be flagged.

// Red Flag Metrics
  • ! Volume / Open Interest (OI) Ratio > 10
  • ! Average position duration < 1 minute
  • ! PnL is exactly -Spread

The Winning Strategy: "The Basis Grinder"

1
Open Long on Lighter: Buy 1 ETH-PERP.
2
Open Short on CEX: Sell 1 ETH-PERP (Binance/Bybit).
3
Result: Delta Neutral. You do not care if ETH goes to $10k or $0.

The Grind Routine

  • • Keep position open for 15-30 minutes.
  • • Close position. Wait 2 hours.
  • • Repeat.

*Why this works: To the algorithm, this looks like a genuine hedging strategy.

Trader ProfileCapitalStrategyEst. Risk
The Wash Trader$1,000Open/Close every 10sHIGH (Sybil)
The Weekend Grinder$1,00020x Lev, 10 trades/dayLow (Organic)
The Whale Splash$50,0005x Lev, 2 large swingsLow (Organic)

Pro Tip: Use Limit Orders

Most orderbook DEXs weight Maker Volume (Limit Orders) 1.5x - 2x higher than Taker Volume. Always use Post-Only orders to capture the spread instead of paying it.

04. Liquidity Provision (LLP)

If you have idle stablecoins, the Lighter Liquidity Pool (LLP) is the passive farming route. You deposit USDC, and the protocol markets makes for you.

Returns
Share of trading fees + Points
Risk: Toxic Flow
If market crashes 20% in an hour, LLP takes a loss buying the dip.
Recommended Allocation:

Allocate 30% of stack to LLP. It acts as a "multiplier" for your address score. Volume + LP = Power User.

05. ROI Calculation

Assuming a hypothetical TGE valuation where 1 Point = $0.50 (Conservative) to $2.00 (Bullish).

Scenario A: The Lean Hunter

Portfolio$1,000
Goal$100k Vol / Week
Cost (Spread)~$10
Est. ROI25x - 100x

Scenario B: The Bankroll

Portfolio$10,000
Goal$1M Vol / Week
Cost$0 (Maker Orders)
Est. ROIInfinite

06. Referral Engineering

Referral Code requires 100 Points to generate. Farm hard Day 1 → Generate Code → Refer Sub-accounts.

Sybil Warning

Do NOT fund sub-accounts from the Main Account. Instant link. Fund from CEX → Mainnet → Bridge.

*If you grind 4 sub-accounts, your Main Account earns 200% speed (25% kickback per sub).

07. FAQ: The Unspoken Rules

When is the Snapshot?

Official comms say Dec 31, 2025. Snapshot likely 24-48h prior.

What is the "Death Zone"?

Wallets with < $10,000 total volume. Protocols cut bottom 30% to save gas.

Can I script this?

Yes. Lighter has a robust API. Ensure you add `random.sleep()` to avoid pattern detection.

Final Directive

Do not get greedy with leverage. You are here to farm points, not to gamble on ETH direction. Keep leverage low (5x-10x), preserve capital, and focus on throughput.

Good hunting.

Mission Status: Active Time is Ticking.

The snapshot window is closing. Start your volume extraction sequence now to maximize your final point allocation.