Wallet in Telegram taps Lighter to bring perps trading to over 150M users
Summary
Wallet in Telegram has integrated the decentralized exchange Lighter to provide its 150 million users with access to perpetual futures trading. The service allows users to open leveraged long and short positions on over 50 assets, including cryptocurrencies, commodities, and stocks, with leverage up to 50x. By embedding this functionality directly into the messaging app, the partnership aims to remove the complexity typically associated with retail perpetual trading, enabling users to trade as easily as sending a message. Lighter, which recently achieved a $1.5 billion valuation, provides the high-performance architecture necessary to compete with centralized exchanges.
(Source:Crypto Briefing)