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The DefiantOct 17, 2025, 12:52 AM

Lighter Distributes Points to Users Affected by Platform Outage

Lighter, the second-largest decentralized perpetuals exchange, was one of many platforms that experienced platform outages during the crypto market’s flash crash on Oct. 10. To compensate affected users, Lighter has distributed points that will translate to a future token airdrop.

Lighter announced its reimbursement plan on Oct. 14, dropping 250,000 points to traders affected by the platform's technical issues during and after the crash.

While points may seem like nebulous compensation for lost funds, Lighter points are in high demand, reaching as high as $100 per point on OTC markets before Friday’s events. As of Oct. 16, the highest bid sits at $81.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io