Lighter debuts spot trading with ETH as the first depositable asset
Summary
Lighter, a decentralized exchange protocol operating on an Ethereum layer-2 zk-rollup, has introduced spot trading, making ETH its initial depositable asset. This launch signifies an expansion from its previous focus solely on perpetual futures, now enabling direct asset transfers on the mainnet. Lighter emphasizes offering zero-fee trading for retail users, leveraging custom zero-knowledge circuits for verifiable order matching and liquidations to ensure low-cost and low-latency trading, positioning itself as a competitive alternative to platforms like Hyperliquid.
(Source:Crypto Briefing)