Lighter, an Ethereum Layer 2 ZK-powered perpetual DEX, aims to revolutionize finance by offering zero-fee trading for retail users, founded by Vladimir Novakovski.
This development highlights growing interest in decentralized finance, poised to challenge traditional exchanges with high trading volumes and significant total value locked, enhancing market competition.
Lighter, a new Ethereum Layer 2 decentralized exchange, introduces a zero-fee structure aimed at retail users. The platform leverages ZK-powered technology for enhanced transaction speed and security.
Founded by Vladimir Novakovski, Lighter focuses on retail-friendly features while prioritizing ethereum-native composability. This approach distinguishes it from other platforms like Hyperliquid, which developed an independent Layer 1 solution.
Zero-Fee Exchange Empowers Ethereum Retail Investors
Lighter, a new Ethereum Layer 2 decentralized exchange, introduces a zero-fee structure aimed at retail users. The platform leverages ZK-powered technology for enhanced transaction speed and security.
Community Anticipates Better Market Access With Lighter
The unveiling of Lighter's perpetual DEX has captured noticeable attention due to its democratized approach to finance. Community responses highlight expectations for improved market accessibility and participation.
Global trading volumes reaching $112 billion illustrate Lighter's potential to withstand on-chain stress tests. The strategic utilization of stablecoins like USDC as collateral further underlines its solid operational framework.
"The second season's point activity will end before the end of the year, not on December 31st." — Vladimir Novakovski, Founder & CEO, Lighter
Lighter's ZK Tech Set to Boost User Experience
Lighter joins the ranks of ZK-powered DEXs like dYdX, focusing on user experience improvements compared to existing models. Historical data from launches like Hyperliquid supports the potential for TVL surges following similar strategies.
Insights from Kanalcoin analyses suggest Lighter's emphasis on liquidity protection as a significant advancement. ZK circuit improvements and an open communications policy enhance platform trust among potential users and industry stakeholders.