An interesting phenomenon regarding the Lit airdrop is worth noting. The project team claims not to have partnered with any other exchanges, yet there are already multiple contracts launched by market-making teams in the market. There is a game theory at play here: airdrop recipients cash out on the secondary market, while contract trading shifts to other platforms. From the project's perspective, such dispersed liquidity can actually be beneficial—on one hand, when the airdrop faces pressure, the project team can gradually accumulate more tokens; on the other hand, price volatility caused by leveraged trading creates a foundation for subsequent price increases. Another way to understand this is: profits are always a transfer relationship—your profit point might just be someone else's participation window. In this kind of game, understanding the true intentions of market participants is often more important than following the herd.