2025-12-30 21:20:21

Lighter (LIGHTER) has made new progress in its perpetual contract trading protocol. A compliant platform announced that once liquidity conditions are met, LIGHTER spot trading will be opened, covering all regions that support LIGHTER-USD trading pairs.

Lighter is essentially an order book trading infrastructure built for the Ethereum ecosystem — scalable, fully non-custodial, and on-chain verifiable. This solution is quite interesting; compared to many DEXs' AMM models, it uses real order book logic for perpetual contracts, and the entire trading process is executed in a decentralized manner. The launch on a major platform signifies that this kind of innovative trading protocol is beginning to approach the mainstream market. For the Ethereum DeFi ecosystem, it adds another pathway to reach a broader user base.

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GasFeePhobia

· 11h ago

Order book perpetuals? How's this approach, can it really be smoother than AMM? --- Approved by compliant platforms, it feels like LIGHTER is about to take off --- It's always the same story after liquidity is achieved... this kind of excuse is getting tired haha --- Non-custodial on-chain verification sounds great, but I'm worried it might be a different story in actual use --- ETH ecosystem has more players now, competition is getting fiercer --- Is it reliable to join big platforms this time, or is it just hype? --- Order book mode is indeed more transparent than AMM, I like this idea

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ApeWithNoFear

· 13h ago

Order book systems are indeed much more attractive than AMMs. Finally, a major platform is willing to get involved.

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rugpull_ptsd

· 17h ago

Another order book narrative has emerged. Will this time work? Alright, logging into a major platform at least shows that someone believes. The ETH ecosystem needs this kind of thing. Wait, when will the liquidity conditions be met? It still sounds like a distant hope.

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NFTArchaeologis

· 17h ago

Placing the order book logic on-chain is indeed an interesting retrospection—it's a bit like re-examining the classical form of exchanges. However, whether the liquidity condition hurdle can truly be overcome remains to be seen.

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FromMinerToFarmer

· 18h ago

The order book gameplay is indeed more comfortable than AMM. I'm just worried that once it gets on a big platform, it will be exploited again.

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StableGenius

· 18h ago

orderbook model finally getting its moment, though let's be honest—most retail still won't know what they're trading. the "non-custodial" angle is cute until liquidity fragments across seventeen platforms. ethereum defi doesn't need more infrastructure, it needs fewer failed experiments surviving on hype.

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