{"id":91885,"date":"2025-12-05T12:52:53","date_gmt":"2025-12-05T09:52:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91885"},"modified":"2025-12-05T16:04:47","modified_gmt":"2025-12-05T13:04:47","slug":"leading-perpetual-dex-lighter-introduces-spot-trading-with-ethereum","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/leading-perpetual-dex-lighter-introduces-spot-trading-with-ethereum\/","title":{"rendered":"Leading Perpetual DEX Lighter Introduces Spot Trading with Ethereum"},"content":{"rendered":"<p>Lighter, a leader in the perpetual contracts segment, has introduced spot trading capabilities.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re excited to introduce Spot on Lighter! You can now deposit, withdraw, and transfer ETH, the first native asset on our Ethereum L2.<\/p>\n<p>Later this week, we\u2019ll enable spot trading and begin rolling out additional markets. <a href=\"https:\/\/t.co\/NyB1sS9ueQ\">pic.twitter.com\/NyB1sS9ueQ<\/a><\/p>\n<p>\u2014 Lighter (@Lighter_xyz) <a href=\"https:\/\/twitter.com\/Lighter_xyz\/status\/1996590661437456623?ref_src=twsrc%5Etfw\">December 4, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The platform has started with the Ethereum market and plans to expand the list of available assets in the coming days.<\/p>\n<p>In October, Lighter <a href=\"https:\/\/forklog.com\/en\/news\/new-rival-to-hyperliquid-launches-mainnet\">launched<\/a> its mainnet <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">second layer<\/a> based on <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-ethereum-virtual-machine-evm\">EVM<\/a>. In November, the exchange&#8217;s trading volume exceeded $295 billion, propelling it to the top of the <a href=\"https:\/\/forklog.com\/en\/news\/perp-dex-old-tricks-new-tech\">perp-DEX<\/a> segment, surpassing Aster on BNB Chain and <a href=\"https:\/\/forklog.com\/en\/news\/the-price-of-popularity-and-a-lesson-for-all-hyperliquid\">Hyperliquid<\/a> on its own HyperEVM.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"201\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-7592c81c56cb3ce2-144605151266498-1024x201.png\" alt=\"image\" class=\"wp-image-271182\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-7592c81c56cb3ce2-144605151266498-1024x201.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-7592c81c56cb3ce2-144605151266498-300x59.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-7592c81c56cb3ce2-144605151266498-768x151.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-7592c81c56cb3ce2-144605151266498-1536x302.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-7592c81c56cb3ce2-144605151266498.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/defillama.com\/perps\">DefiLlama<\/a>.\u00a0<\/figcaption><\/figure>\n<p>The new functionality is part of an expansion strategy. Previously, Lighter <a href=\"https:\/\/x.com\/Lighter_xyz\/status\/1993413738934964233\">added<\/a> futures on stocks of companies like Coinbase and Robinhood, some currency pairs, and announced integration with <a href=\"https:\/\/forklog.com\/en\/news\/what-is-chainlink-link\">Chainlink<\/a> to work towards <a href=\"https:\/\/forklog.com\/en\/news\/what-are-rwas-real-world-assets\">RWA<\/a>.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Lighter, a leading perp DEX and the biggest ZK-based Ethereum rollup, has adopted Chainlink Data Streams as its official oracle solution powering its RWA markets.<\/p>\n<p>With Chainlink, <a href=\"https:\/\/twitter.com\/Lighter_xyz?ref_src=twsrc%5Etfw\">@Lighter_xyz<\/a> gains access to high-fidelity pricing data for RWA markets, including commodities,\u2026 <a href=\"https:\/\/t.co\/t1iSq5BgdL\">pic.twitter.com\/t1iSq5BgdL<\/a><\/p>\n<p>\u2014 Chainlink (@chainlink) <a href=\"https:\/\/twitter.com\/chainlink\/status\/1986176823940817032?ref_src=twsrc%5Etfw\">November 5, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Lighter is built as a specialized <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-zero-knowledge-proof\">ZK<\/a> rollup. Its founder, Vladimir Novakowski, a former Citadel quantitative trader, consistently advocates for creating L2 solutions optimized specifically for decentralized trading. This approach contrasts with competitors like Hyperliquid, which operate on the first layer.<\/p>\n<p>The key argument is the reliability and ecosystem strength of Ethereum&#8217;s base layer.<\/p>\n<p>In November of this year, Lighter <a href=\"https:\/\/fortune.com\/2025\/11\/11\/lighter-fundraise-founders-fund-ribbit-capital-haun-ventures-robinhood-vladimir-novakovski\/\">raised<\/a> $68 million at a valuation of $1.5 billion. The round was led by Founders Fund and Ribbit Capital.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Market Context<\/h2>\n<p>As in traditional finance, spot transactions in the crypto sector represent only a portion of the total turnover, where derivatives dominate.\u00a0<\/p>\n<p>The total trading volume of perpetual futures reached a record $1.2 trillion in October, driven by the <a href=\"https:\/\/forklog.com\/en\/news\/whales-adl-and-the-end-of-the-bull-what-really-happened-on-cryptos-black-saturday-2\">market crash<\/a> and excitement around platforms like Lighter and Aster.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"445\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-0efabf3d3b3ee4c6-144630747062723-1024x445.png\" alt=\"image\" class=\"wp-image-271183\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-0efabf3d3b3ee4c6-144630747062723-1024x445.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-0efabf3d3b3ee4c6-144630747062723-300x130.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-0efabf3d3b3ee4c6-144630747062723-768x334.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-0efabf3d3b3ee4c6-144630747062723-1536x668.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-0efabf3d3b3ee4c6-144630747062723.png 1596w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: DefiLlama.\u00a0<\/figcaption><\/figure>\n<p>Offering both types of trading is a common practice. For instance, centralized exchanges <a href=\"https:\/\/forklog.com\/en\/news\/coinbase-to-acquire-fairx-a-regulated-crypto-derivatives-platform\">Coinbase<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/kraken-to-launch-trading-of-tokenized-apple-and-tesla-shares\">Kraken<\/a> have been actively developing the derivatives segment this year.\u00a0<\/p>\n<p>At the end of November, former BitMEX CEO Arthur Hayes <a href=\"https:\/\/forklog.com\/en\/news\/opinion-perpetual-dex-to-define-stock-prices-not-nasdaq\">stated<\/a> that by the end of 2026, stock prices will be determined by perp-DEX, not Nasdaq.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lighter, a leader in the perpetual contracts segment, has introduced spot trading capabilities.<\/p>\n","protected":false},"author":1,"featured_media":91886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Lighter, a leader in perpetual contracts, adds spot trading with Ethereum.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[787,609,1823],"class_list":["post-91885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dex","tag-futures","tag-hyperliquid"],"aioseo_notices":[],"amp_enabled":true,"views":"286","promo_type":"1","layout_type":"1","short_excerpt":"Lighter, a leader in perpetual contracts, adds spot trading with Ethereum.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=91885"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91885\/revisions"}],"predecessor-version":[{"id":91887,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91885\/revisions\/91887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/91886"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=91885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=91885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=91885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}