Decentralized Perpetuals Exchange Lighter attracts an increased inflow while preparing to close and open his private bètacase to the public.
The stock market crossed $ 350 million in total value (TVL) on 3 September and is today $ 375 million, which represents an increase of 90% from the beginning of August.
Lighter TVL – Defillama
Although there is no fixed date for the public launch, the project was posted on X on July 31, “lighter private -bèta that ends soon!”. The platform is currently being taken out by invitation codes, which users receive based on trading activity and total earned points.
Lighter also introduced pre-launch derivatives on 26 August and debuted with the WLFI token of World Liberty Financial. Linea and XPL-PRE markets are also available on lighter, but register considerably lower volume than competing locations such as hyperliquid. Lighter registered $ 1.1 million in XPL pre-Market Trade Volume in the last 24 hours, compared to the $ 23 million of hyperliquid, despite a controversial market manipulation incident on the Hyperliquid XPL-PERPS from.
Traders have also used Ligter’s Liquuidity Provider Vault, LLP to earn yields on their profit and Stablecoins. The Pool makes variable deposit sizes possible based on the total points of a user on lighter but contributed funds currently earn 68% APR with $ 145 million, which makes 38.5% of the Platform TVL.
