
Lighter market cap (FDV) one day after launch?
Paul’s Insight

Market pricing strongly indicates that Lighter’s FDV is highly likely to exceed $2B but is unlikely to surpass higher thresholds such as $8B, $10B, or $14B within one day after launch. Sentiment clusters tightly around a $2-4B range, with the highest confidence of exceeding $2B and moderate likelihood of exceeding $4B. Probability sharply declines above $4B, showing that participants see significant barriers to post-launch spikes beyond this range, possibly due to market saturation, macro market skepticism, or supply overhang. Key risks include the unpredictable nature of post-launch trading dynamics and external crypto market shocks, though the current order book liquidity and sharp drop in prices above $4B suggest a reliable prediction range. Opportunities may exist for traders with conviction counter to the consensus at higher brackets if strong unpriced catalysts emerge. Overall, predictive reliability is high below $4B, with risk and uncertainty increasing steeply above that mark.
This market will resolve to "Yes" if the Fully Diluted Valuation of Lighter's token is greater than $4,000,000,000 1 day after launch. Otherwise, the market will resolve to "No."
For the purposes of this market "locked" tokens or non-swappable tokens will not be considered a launch.
"1 day after launch" is defined as 24 hours after launch. The resolution source for this market is the most liquid price source available. If Lighter doesn't launch a token by December 31, 2025, 11:59 PM ET, this market will resolve to "No."