Lighter Secures $68M Funding to Compete in Decentralized Derivatives Market
- Lighter raised $68 million at a valuation of $1.5 billion, backed by investors like Founders Fund and Robinhood Markets.
- The platform is a zk-rollup perpetual-futures exchange built on Ethereum, offering zero fees for retail users.
- Lighter’s recent trading metrics include a monthly volume of $279.5 billion and a total value locked (TVL) of $1.15 billion.
- The funding will enhance institutional offerings and infrastructure for low-latency trading ahead of its public launch.
- Plans include rolling out derivatives on additional chains and deepening liquidity pools while maintaining fee-free retail order flow.
Lighter aims to establish itself in the competitive decentralized derivative exchange sector, which includes platforms like Hyperliquid and Aster, by expanding its offerings and infrastructure.
With a reported monthly trading volume of $279.5 billion, Lighter is positioning itself as a significant player in the market for decentralized derivatives.(Source)
