Lighter Public Launch After 3 Years of Development Congratulations to the Lighter team on their public launch! After 3 years of relentless building, they’ve delivered the fastest PerpDEX on Ethereum - a protocol with the potential to become the main PerpDEX in the entire ETH eco. The idea for Lighter came to the team in mid-2022, after the collapses of Luna, Celsius, BlockFi, FTX, and Alameda. The vision was clear: create a reliable, lightning-fast decentralized DEX capable of rivaling CEX performance. ______ The road wasn’t easy. _____ The team experimented with multiple deployments - first on Arbitrum - then on Hyperchain (zkSync) - and only after this they decided to build their own zk-rollup with custom zk-circuits. That choice required more than 2 years of deep technical development before it evolved into the Lighter we see today. _____ In January 2025, Lighter launched in Private Mode. ____ Within 9 months, they had nearly matched Hyperliquid’s 18-month pre-TGE performance - and even outperformed it in trading volume metrics (both daily and cumulative). Now, with the public launch, Lighter is poised to surpass Hyperliquid’s pre-TGE results by the end of 2025. A TGE is expected in Q4 2025 – Q1 2026 - but that’s only the beginning. ____ Unlike many teams in Web3, @vnovakovski didn’t enter the space just to launch a token. His track record speaks for itself: - Pioneer in digital trading in the 1990s - Key Advisor in building Robinhood and friend of Vlad Tenev - Creator of a world-class hiring system for top talent His goal here isn’t short-term hype - but to modernize the entire CEX industry. With this vision, the Lighter team is on track to compete head-to-head with Hyperliquid and potentially surpass it in the years ahead due to Ethereum alignment and market size. Congratulations to the entire Lighter team and everyone who made this milestone possible!
The Lighter public mainnet is live after 8 months of private beta! Trade perpetuals with low costs and low latency on Ethereum L2 with custom ZK circuits for verifiable matching and liquidations. Experience onchain trading at the performance grade of high frequency finance.
Lighter Core Maxis @StayRoamer @satoshiheist @ruslan55x @mttbck17 @IPALAU1 @izebel_eth @derteil00 @whitesocks256 @0xTria @YippieDeGod @CryptoA77468 @SonuSahu87 @33lessons @babastianj @cryptoyaos
Show original
3.71K
42
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.