LIT Price Jumps 5% As Telegram Wallet Adds Perpetuals via Lighter DEX
Summary
Telegram Wallet has launched native perpetual futures trading powered by Lighter DEX, allowing users to access over 50 markets with up to 50x leverage directly within the app. The integration enables trading for crypto, stocks, metals, and oil without requiring external wallets. Following the announcement, the Lighter (LIT) token price increased by 5%, as the platform aims to leverage Telegram's massive user base to compete with market leaders like Hyperliquid.
(Source:BeInCrypto)