Wallet in Telegram Integrates Perpetual Futures Trading with Lighter
- Wallet in Telegram launches perpetual futures support via integration with Lighter, enabling trading on over 50 assets.
- Users can open long and short positions with leverage up to 50×, including assets like Bitcoin (BTC) and Toncoin (TON).
- Perpetual futures accounted for nearly 90% of derivatives volumes on major exchanges in the past year.
- The integration allows for near-instant trading within the app, simplifying the process for users.
- Previous similar features were launched by Blum, allowing trades on up to 20 assets with leverage of up to 100×.
The launch of perpetual futures trading within Wallet in Telegram signifies a shift towards making complex trading accessible through everyday applications, catering to retail users who may find traditional platforms intimidating.
This move into leveraged derivatives reflects a growing trend, as evidenced by the significant volume increase in perpetuals, which tripled recently. (Source)
