Lighter, a decentralized perpetual alternate, has launched Ethereum Layer 2 Public Mainnet after eight months of beta testing. The protocol introduces verifiable ZK-based transactions and begins the second season of its factors program, which is able to run till 2025.
Excessive Lipid Rival Author goes reside on Ethereum L2
Lighter, a decentralized perpetual buying and selling platform positioned as a high-fat competitor, launched the Ethereum Layer 2 public mainnet after eight months of personal beta testing.
In accordance with X Publish, the protocol affords low-cost, low-latency persistent transactions powered by customized zero-knowledge (ZK) circuits. Designed to copy the pace and effectivity of high-frequency finance, Lighter goals to ship an Change-Grade expertise immediately on-chain.
Since opening its beta to only 100 merchants, Lighter has grown to over 188,000 distinctive accounts and over 50,000 each day energetic customers. Retailers utilizing the entrance finish can proceed buying and selling with out charges, however API buying and selling, market makers, and excessive frequency buying and selling (HFTS) are actually topic to charges. The protocol additionally implements guidelines to routinely block laundered transactions and Sybil assaults.
The staff says it plans to broaden its conglomeration in Ethereum and different L2 ecosystems and intensify its push to develop into a core participant within the on-chain derivatives market.
