Lighter Launches Ethereum Layer 2 Mainnet

Lighter, a decentralized perpetual alternate, has launched his Ethereum Layer 2 Public Mantnet after eight months. The protocol introduces verifiable on ZK -based commerce and begins the second season of his factors program, runs by means of 2025.

Hyperliquid Rival Later goes dwell on Ethereum L2

Lighter, a decentralized Perpetuals Commerce Platform that’s positioned as a competitor of Hyperliquid, has launched his Ethereum Layer 2 Public Manet after eight months of personal -bètatests.

In response to the X-post, the Protocol provides low-cost, low latency for everlasting commerce powered by tailored zero data (ZK) circuits, which allow verifiable order adjustment and liquidations. Designed to duplicate the velocity and effectivity of excessive -frequency financing, Lighter strives to ship an alternate expertise straight on an onchain.

For the reason that opening in Bèta for under 100 merchants, greater than 188,000 distinctive accounts and greater than 50,000 day by day energetic customers have grown later. Retail merchants who use the front-end can proceed to behave with out prices, whereas API commerce, market makers and high-frequency commerce (HFTS) at the moment are topic to reimbursements. The protocol has additionally carried out guidelines to routinely block commerce and Sybil assaults.

Wanting forward, the staff says that it’s planning to broaden the composability with Ethereum Defi and different L2 ecosystems, making his push to turn into a core participant in the marketplace of Onchain derivatives.