Ethereum derivatives DEX Lyra enters the spot trading market

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Source: DigitalToday Original Title: Ethereum Perpetual Futures DEX Lighter Expands to Spot Trading…Starting with ETH Original Link:

Ethereum-based decentralized derivatives exchange Lighter(Lighter) is entering the spot trading market. Lighter has started ETH spot trading and plans to further expand its markets in the future.

After launching a private beta in January this year, Lighter went public with its mainnet in October and has been expanding rapidly. Its trading volume in October reached $27.25 billion, on par with its competitors. In November, it recorded a trading volume of $29.25 billion, establishing itself as the most active on-chain derivatives protocol.

At the end of November, Lighter announced the introduction of spot trading while collecting feedback from testnet users.

Lighter is built on an Ethereum application-specific ZK rollup(zk-rollup). The founder of Lighter stated that they focused on Ethereum Layer 2 instead of Layer 1 to enhance security.

ETH-1.8%
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