Breakout Ethereum perps DEX Lighter rolls out spot trading
Ethereum-based decentralized perps exchange Lighter is launching spot trading, starting with ETH transfers.Summary
Lighter, the Ethereum-based decentralized perpetuals exchange that debuted on mainnet in October and has become a major rival to Hyperliquid, is now introducing spot trading. The platform is commencing with ETH transfers and plans to expand to other markets soon. Lighter has seen significant volume, recording $292.5 billion in November, making it the most active perps protocol that month. This move follows recent expansions by Lighter into equities perps, foreign exchange, and real-world assets via a Chainlink integration. Lighter is built as an application-specific zk-rollup on Ethereum, with its founder emphasizing security guarantees over building a dedicated Layer 1. The firm previously raised $68 million in a funding round led by Founders Fund and Ribbit Capital at a $1.5 billion valuation.
(Source：The Block)