Perp DEX · Airdrop guide

Lighter airdrop guide

Lighter's LIT token is already live, but perpetual futures trades on its Robinhood Chain exchange earn points that convert into LIT from an 11 million LIT pool. Trades through Robinhood Wallet earn points at 2x.

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Is there a Lighter airdrop?

Yes, for Robinhood Chain traders. LIT already trades, so this isn't a launch airdrop. Robinhood's mainnet announcement on 1 July 2026 said Lighter had committed 11 million LIT to the Robinhood community. Eligible users earn points on perpetual futures trades, and those points convert into LIT from that pool under Lighter's terms.

Lighter's program page gives no conversion rate, conversion date or end date, so nobody can say yet what a point is worth.

What Lighter is

Lighter is a decentralized perpetual futures exchange. Its Robinhood Chain exchange is at robinhoodchain.lighter.xyz, and eligible users can also reach it inside Robinhood Wallet. There you deposit USDG as margin, pick long or short and set your leverage.

How Lighter points work

Points are calculated in real time and topped up with a weekly drop every Friday. The first drop was on 21 August 2026. Trades through Robinhood Wallet earn 2x, and trades on Lighter's web app earn 1x.

Lighter airdrop step-by-step guide

  1. Read the program terms. They exclude the US, the UK, Canada and 15 other countries.
  2. Set up Robinhood Wallet for the 2x rate, or open robinhoodchain.lighter.xyz with another wallet for 1x.
  3. Get USDG on Robinhood Chain and deposit it as margin.
  4. Trade perpetual futures. Part of your points balance updates as you trade, and the rest arrives in the Friday drop.

Join Lighter airdropOpens robinhoodchain.lighter.xyz

Lighter airdrop costs and fees

You need USDG for margin. Funding settles every hour between long and short traders, and a liquidation carries a fee of up to 1%, according to Robinhood's support page. The Block reported that these perpetuals would carry no fees for their first 90 days. We couldn't confirm the current trading fee, so check it in the app. Leverage is the main cost. Robinhood's own example shows a 20% move against a 5x position wiping out its margin.

Lighter airdrop risks and eligibility

  • Points and trading are both restricted in Belarus, Canada, China, Cuba, Iran, Myanmar, North Korea, Russia, Singapore, South Sudan, Sudan, Switzerland, Syria, Ukraine, the United Arab Emirates, the United Kingdom, the United States and Venezuela.
  • Lighter can remove or reverse points at any time, even after the program ends. Its terms rule out wash trading, multiple accounts, referral abuse and bots used to farm points.
  • Robinhood says the program can be changed, suspended or ended without notice.
  • Everyone shares one pool of 11 million LIT, and the price of LIT moves.

Who is behind Lighter?

Vladimir Novakovski founded Lighter. In November 2025 Fortune reported a $68 million round at a valuation of about $1.5 billion, led by Founders Fund and Ribbit Capital, with Haun Ventures and Robinhood also investing.

Sources

  1. Lighter on Robinhood Chain Points Lighter docs,
  2. Robinhood Accelerates Global Expansion with Robinhood Chain Mainnet, Stock Tokens, Agentic Trading and New Suite of DeFi Products Robinhood Newsroom,
  3. Robinhood Wallet perpetual futures Robinhood Support
  4. About Robinhood Chain: ecosystem partners Robinhood Chain docs
  5. Robinhood Chain goes live on mainnet alongside 24/7 tokenized stocks, Lighter perps and planned crypto agentic trading The Block,
  6. DeFi founder who graduated Harvard at 18 raises $68 million for crypto trading protocol Lighter Fortune,

This guide explains how the program works. It isn't financial advice, and no airdrop is guaranteed. Check Lighter's official channels before you connect a wallet or deposit funds.