Lighter Launches Ethereum Layer 2 Mainnet
Lighter, a decentralized perpetuals change, has launched its Ethereum Layer 2 public mainnet after eight months of beta testing. The protocol introduces verifiable ZK-based buying and selling and kicks off the second season of its factors program, operating via 2025.
Hyperliquid Rival Lighter Goes Reside on Ethereum L2
Lighter, a decentralized perpetuals buying and selling platform positioned as a competitor to Hyperliquid, has launched its Ethereum Layer 2 public mainnet following eight months of personal beta testing.
Based on the X publish, the protocol gives low-cost, low-latency perpetual buying and selling powered by customized zero-knowledge (ZK) circuits, which allow verifiable order matching and liquidations. Designed to duplicate the velocity and effectivity of high-frequency finance, Lighter goals to ship an exchange-grade expertise instantly onchain.
Since opening in beta to simply 100 merchants, Lighter has grown to over 188,000 distinctive accounts and greater than 50,000 day by day lively customers. Retail merchants utilizing the entrance finish can proceed buying and selling with out charges, whereas API buying and selling, market makers, and high-frequency buying and selling (HFTs) are actually topic to charges. The protocol has additionally carried out guidelines to robotically block wash buying and selling and Sybil assaults.
Trying forward, the staff says it plans to develop composability with Ethereum DeFi and different L2 ecosystems, reinforcing its push to develop into a core participant within the onchain derivatives market.
