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Public Beta Launch: How to Participate in Lighter Season 2 Points Program?

Public Beta Launch: How to Participate in Lighter Season 2 Points Program?

BlockBeatsBlockBeats2025/10/09 10:42
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By:BlockBeats

Includes an interactive tutorial and answers to key concerns during the public beta phase.

Original Title: "Public Beta Launched: How to Participate in Lighter Season 2 Points Program?"
Original Author: Asher, Odaily


On October 2, Perp DEX Lighter announced on X that its mainnet based on Ethereum L2 is officially live, fully open after 8 months of private testing. The first season points program has ended, and the second season points program is about to begin and will continue until the end of 2025. Users can now join freely, without invitation codes or deposit limits, but the invitation program remains; inviters can receive points and other incentives.


It is worth noting that Lighter founder and CEO Vladimir Novakovski clarified on X that the second season points event is planned to end before the end of the year, not on December 31.


Public Beta Launch: How to Participate in Lighter Season 2 Points Program? image 0

Lighter Founder: The second season points event will end before the end of the year, not on December 31


According to DeFiLlama data, Lighter's TVL has surpassed 1.1 billions USD, making it a highly anticipated Perp DEX in the community after Hyperliquid and Aster. So, for Lighter's second season points program, which lasts less than three months, how can you participate to earn points and compete for more token airdrops?


Public Beta Launch: How to Participate in Lighter Season 2 Points Program? image 1

Lighter TVL Data


Project Introduction


Lighter is a perpetual contract trading platform built on Ethereum Layer 2 (L2), aiming to combine the speed and liquidity of centralized exchanges (CEX) with the security and transparency of decentralized exchanges (DEX). The 8-month private test has ended, and the public mainnet is now officially live.


Lighter’s core solution is to use self-developed ZK circuits to handle matching and clearing, allowing every trade and every settlement to be verified on-chain, thus achieving high-speed execution while maintaining decentralized credibility. In terms of performance, it aims for a high-frequency trading experience, with fees and latency much lower than traditional DEXs; its fee model adopts a "light frontend, heavy professional" structure—retail users pay almost no fees, while institutions or API high-frequency traders need to pay for usage.


If Aster is backed by Binance, then Lighter is backed by Ethereum. It does not choose HyperLiquid’s self-built L1 closed architecture, but instead takes "Ethereum-native composability" as its core route: LLP Token can circulate on the mainnet and collaborate with DeFi protocols such as Aave, thus enjoying a low-cost, low-latency, and verifiable execution environment in an open ecosystem. Lighter aims to become a decentralized perpetual contract platform that is "as fast as centralized, but verifiable on-chain."


How to Participate in Lighter Trading to Earn Points?


STEP 1. Enter the official platform, connect your wallet, and complete account login.


Public Beta Launch: How to Participate in Lighter Season 2 Points Program? image 2


STEP 2. Click "Public Pool," select LLP, deposit funds, and you can start trading to earn points.


Public Beta Launch: How to Participate in Lighter Season 2 Points Program? image 3


Public Beta Launch: How to Participate in Lighter Season 2 Points Program? image 4


Key Issues to Watch During the Public Beta


Currently, for most users using Lighter for the first time, Odaily has compiled information from the official Discord and recent AMAs to summarize what you need to know during the public beta phase.


1. How to earn points during the public beta?


Unlike the "black box" of the private beta, the public beta has clear rules for earning points, which have not yet been announced. The official team will announce the rules soon, so stay tuned. Odaily will also interpret the new points rules for everyone as soon as they are released.


2. What is the points distribution cycle during the public beta?


Season 2 points will be distributed every Tuesday, with 250,000 points distributed weekly. To ensure fairness, the Lighter team reserves the right to adjust the distribution method, and any sybil attacks, multi-account self-trading, or similar behaviors will be excluded from points rewards.


3. What are the anti-sybil measures during the public beta?


The official team has clearly stated that "self-trading" will be strictly investigated, i.e., abnormal behaviors such as multi-account wash trading or instant trades will be flagged by the system, and such accounts will no longer be able to open new positions, only close existing ones.


4. Is it impossible to earn points from quick trades?


Normal short-term trading will not affect point acquisition, but if all trades in the account are meaningless "instant open and close" trades, the account may be judged as a sybil account.


5. When exactly will TGE happen?


According to community feedback, TGE is still expected to take place in Q4 of this year, with an optimistic estimate in November and a more conservative one in December. Although the public beta is expected to end at the end of December, this does not mean that TGE must wait until the public beta ends to launch.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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