Lighter
@Lighter_xyz
Trade perpetuals with low cost and low latency on Ethereum L2 with custom ZK circuits for verifiable matching and liquidations. Mainnet live in private beta.
Lighter journey so far & its future roadmap is one of the most impressive I've seen in a while, since HL. The Team is Stacked, however hyping up inflated volumes stats only gives a false sense of prestige. There's more to be done to solidify its dominance & i believe they will.
New Listings! You can now trade: - $PENGU at 8x leverage - $LDO at 10x leverage
Attention all degens: we have listed $PUMP at 8x leverage on Lighter! Let the trading begin - who’s long? Who’s short?
More features launched: competition leaderboard (see screenshot 🐟), new languages - Turkish 🇹🇷 and Spanish 🇪🇸, close-all and cancel-all filters. Three more days left in the competition for late-comers who want to form or join a team and try their luck for extra points!
Feature release: isolated margins! Now, margin mode can be toggled between Cross and Isolated directly within each market on the order panel section. As we get closer to public launch, what should we build next in the private beta?
Heads up - our next Trading Competition is starting at 12AM UTC on Jun 6 (8 hours from now). We have now built competitions into the product, so you can see the rules and standings right from the Leaderboard tab, where you see your points. This one is a team competition for…
It's funny the FUD about Lighter has shifted from "the product sucks" (Jan/Feb) to "the volume is fake" (Mar/Apr) and now "the business model won't work" (May/Jun). x.com/delucinator/st… LLP is not subsidized - it's a market maker run by the protocol with capital from the…
As I think about Hyperliquid, I get reminder of Lighter - and it makes less and less sense to me “Robinhood model” but currently subsidized by LLP providing super tight spreads (it’s a sweatshop like MEXC, with user funds) and no strong measures to offset flow (no massive…
For the risk takers out there, the Lighter private beta now has: - 20X leverage on HYPE - 25X leverage on SOL - 250k deposit limit
We just passed 100M TVL in the Lighter private beta, so to celebrate our community, we are giving every active trader in the private beta 5 invite codes. Use them wisely to invite the best traders you know - and get ready for the upcoming trading competition next week!
New coins added to private beta: $PENDLE, $ONDO, and $CRV. And major changes to LLP - now, as before, every participant can allocate 25%, but those with 300 points can allocate 50%, those with 1500 points can allocate 75%, and the Lighter whales with 10k points can do 100%!
We appreciate the candid feedback about the @Lighter_xyz private beta from early users - thanks @crypto_adair. To address the main points: - On the outages: totally our bad, we have not prepared to grow as fast as we had and while the web3 part of our stack (our custom ZK…