Lighter points have hit $100 on OTC markets as of October 7, driven by a surge in trading activity. The Lighter exchange, which introduced its points system in February, has experienced a significant rise in valuations. The leading OTC market, SOTC, recorded its first seven-figure transaction at $100 per point. In the competitive landscape of perpetuals trading, Lighter is closely rivaling Hyperliquid, processing $60 billion in the past week compared to Hyperliquid's $65 billion. Additionally, Lighter's total value locked (TVL) has surged to $1.18 billion, up from $340 million in early September.