Perpetuals’ Pride and Prejudice: Lighter’s Austen-esque Launch! 💸

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In a most delightful twist of fortune, dearest reader, the Lighter-a decentralized perpetuals exchange of some renown-hath at last launched its Ethereum Layer 2 public mainnet, following a protracted court of eight months’ beta testing. Verily, this protocol doth unveil verifiable ZK-based trading, quite the marvel, and commences its second season of points, enduring till the year of our Lord 2025, much to the amusement of all who partake in such frolics. 😂

Hyperliquid’s Rival, This Lighter Fellow, Enlightens the Ether

In this grand comedy of errors that is the trading world, Lighter, a decentralized perpetuals platform bumping elbows with that ambitious upstart Hyperliquid, hath emerged victorious upon its Ethereum Layer 2 mainnet, after a clandestine beta test of eight months’ duration.

As whispered in the latest X epistle, the protocol promiseth low-cost, low-latency perpetual trading, fueled by bespoke zero-knowledge circuits-imagine, verifiable order matching and liquidations! Designed to mimic the frenetic pace of high-frequency finance without the scandalous inefficiencies, Lighter aspireth to bestow an exchange-grade experience upon the blockchain, oh how progressive! 💼

From a modest début with but 100 traders in its beta phase, Lighter hath ballooned to over 188,000 unique accounts and more than 50,000 daily worshippers, a veritable ball of speculation. Retail traders at the forefront may continue their dalliances without fee, while API traders, market makers, and those high-frequency rogues must now pay tribute. The protocol hath even decreed rules to thwart wash trading and Sybil attacks, as if thwarting a matchmaking mama’s schemes! 🙄

Gazing into the crystal orb of the future, the esteemed creators proclaim their intent to expand composability with Ethereum DeFi and other L2 realms, solidifying Lighter’s bid to become the Mr. Darcy of onchain derivatives-proud, wealthy, and unattainably swift. What next in this saga of digital dalliances? One shudders to think! 😏

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2025-10-04 15:13