Lighter CEO on ‘democratizing finance’ with a zero-fee, ZK perp DEX
The Block
Lighter CEO Vladimir Novakovski discussed building a zero-fee, ZK-powered perpetual decentralized exchange (DEX) on an Ethereum L2.Summary
In episode 8 of The Big Brain Podcast, Lighter founder and CEO Vladimir Novakovski detailed the vision behind Lighter: a zero-fee, ZK-powered perpetual decentralized exchange (DEX) built as an Ethereum Layer 2 solution. Novakovski explained the rationale for choosing an Ethereum L2 and Zero-Knowledge (ZK) technology, and how this model compares to centralized exchanges (CEXs) and rival decentralized perpetual platforms. The discussion also covered lessons learned from recent market stress leading up to Lighter's token launch, the zero-fee retail model, potential relationships like the one with Robinhood/RH Chain, and the dynamics of value capture between L1 and L2 solutions.
(Source：The Block)