🚀 Ethereum Network Achieves Record Transaction Throughput
#Ethereum #TransactionThroughput #PANews #EthereumMainnet #TPS #Layer2 #Lighter #Blockchain #Crypto #ETH
According to PANews, Ethereum's mainnet reached a historic peak in transaction throughput in November 2025. The Ethereum ecosystem's peak transactions per second (TPS) recently hit an all-time high of 32,950. Lighter, a significant player in Ethereum's Layer 2 solutions, accounts for approximately 90% of the daily TPS on Ethereum's Layer 2 network, while incurring only about $685 in daily on-chain costs to Ethereum.#Ethereum #TransactionThroughput #PANews #EthereumMainnet #TPS #Layer2 #Lighter #Blockchain #Crypto #ETH
🚀 Lighter CEO Discusses Appeal Mechanism for Sybil Screening
#Lighter #CEO #SybilScreening #AppealMechanism #VladimirNovakovski #Algorithm #Discord #DataScience #ClusterAnalysis #BehaviorPatternRecognition #Liquidity #MarketMaking #Protocols #SybilHunters #Misjudgment
According to Odaily, Vladimir Novakovski, founder and CEO of Lighter, addressed the topic of Sybil screening during an interview on a Twitter Space hosted by jez (@izebel_eth). Novakovski stated that an appeal mechanism is in place for users who feel unfairly targeted by the algorithm. He noted that the number of appeals has been lower than expected. Users are encouraged to fill out an appeal form on Discord if they believe the algorithm has been unjust.
Novakovski explained that the specifics of the algorithm will not be disclosed to prevent targeted optimization. The process involves extensive data science work, including cluster analysis and behavior pattern recognition. Lighter's quantitative team, whose regular duties include liquidity and market-making coordination, spent several weeks on this project. The company also consulted with protocols and individual Sybil hunters who have conducted similar work. Novakovski expressed confidence in the final results but urged users to appeal in cases of potential misjudgment.#Lighter #CEO #SybilScreening #AppealMechanism #VladimirNovakovski #Algorithm #Discord #DataScience #ClusterAnalysis #BehaviorPatternRecognition #Liquidity #MarketMaking #Protocols #SybilHunters #Misjudgment
🚀 Lighter Founder Hints at Advanced Zero-Knowledge Circuits
#Lighter #Founder #ZeroKnowledgeCircuits #TuringComplete #CustomLogic #PerpDEX #Privacy #Efficiency #FunctionalFlexibility #Technology
According to BlockBeats, Lighter founder vnovakovski suggested on social media the potential introduction of Turing-complete zero-knowledge circuits to support more complex custom logic. The community believes that if this direction is realized, it could open new design possibilities for Perp DEX in terms of privacy, efficiency, and functional flexibility, further elevating expectations for Lighter's technological approach.#Lighter #Founder #ZeroKnowledgeCircuits #TuringComplete #CustomLogic #PerpDEX #Privacy #Efficiency #FunctionalFlexibility #Technology
🚀 Whale Makes Significant LIT Purchase Following USDC Deposit
#Whale #USDC #Lighter #LIT #Cryptocurrency #ForesightNews #OnchainLens #Purchase #Token #Wallet
According to Foresight News, Onchain Lens has reported that a major cryptocurrency holder has deposited 4.03 million USDC into Lighter. The whale then spent 3.8 million dollars to acquire 1.63 million LIT at a price of 2.33 dollars per token. The wallet still holds 227,099 USDC, indicating potential for further purchases.#Whale #USDC #Lighter #LIT #Cryptocurrency #ForesightNews #OnchainLens #Purchase #Token #Wallet
🚀 Aster Leads 24-Hour Perpetual Contract Trading Volume
#Aster #perpetualcontract #tradingvolume #Odaily #Paradex #Lighter #cryptotrading #ASTER
According to Odaily, Aster has topped the 24-hour perpetual contract trading volume rankings with a total of $1.779 billion. Following closely is Paradex, with a trading volume of $1.589 billion, while Lighter ranks third with $1.569 billion.#Aster #perpetualcontract #tradingvolume #Odaily #Paradex #Lighter #cryptotrading #ASTER
🚀 Lighter Initiates Process for Accessing LLP via LIT Staking
#Lighter #LLP #LITstaking #USDC #ZKcircuit #cryptocurrency #blockchain #capital_efficiency #collateral #crypto
Lighter has announced on the X platform that it has begun the process of accessing LLP through LIT staking, with approximately 56 million LIT already staked. According to Odaily, under the new rules, each staked LIT can cover 10 USDC of LLP quota, and any LLP configuration exceeding this coverage will gradually be returned to users. Starting tomorrow, up to 3% of the uncovered amount, with a maximum of 100 USDC, will be returned daily to the account's USDC balance.
Lighter stated that this move aims to align the interests of LIT stakers and LLP holders. Additionally, the LLP allocation rules are now verifiable and have been integrated into the ZK circuit. The platform also announced that in two weeks, traders will be allowed to use LLP as collateral to enhance overall capital efficiency and expand the use cases for LLP and staked LIT.#Lighter #LLP #LITstaking #USDC #ZKcircuit #cryptocurrency #blockchain #capital_efficiency #collateral #crypto
🚀 Lighter Expands Capabilities with Ethereum Virtual Machine Compatibility
#Lighter #EVM #Ethereum #SmartContracts #NS3AI #Blockchain #DeveloperCommunity #TradingEngine
Lighter has launched Lighter EVM, enhancing its platform with Ethereum Virtual Machine compatibility. According to NS3.AI, this development allows developers to deploy general-purpose smart contracts directly on Lighter. This marks a significant transition from its initial role as a high-performance trading engine, aiming to expand its functionalities and appeal to a broader developer community.#Lighter #EVM #Ethereum #SmartContracts #NS3AI #Blockchain #DeveloperCommunity #TradingEngine
🚀 Perpetual DEX Trading Volumes Experience Fluctuations Amid Market Volatility
#PerpetualDEX #TradingVolumes #MarketVolatility #OpenInterest #DefiLlama #Hyperliquid #Aster #EdgeX #Lighter #Extended #Pacifica #TVL #DeFi #ASTER
According to DefiLlama data, perpetual decentralized exchanges (DEX) have seen a decline in open interest over the past week. According to BlockBeats On-chain Detection, Hyperliquid's open interest decreased by approximately 36.2% compared to the previous week, while its trading volume increased. This change is attributed to market volatility in the last 24 hours, leading to frequent adjustments in existing positions and resulting in passive volume increases.
Current trading volumes for major perpetual DEXs are as follows:
Hyperliquid reported a 24-hour trading volume of approximately $13.08 billion, with a total value locked (TVL) of about $4.36 billion and an open interest of around $5.82 billion.
Aster recorded a 24-hour trading volume of approximately $5.66 billion, a TVL of about $1.14 billion, and an open interest of around $2.0 billion.
EdgeX had a 24-hour trading volume of approximately $5.2 billion, a TVL of about $195 million, and an open interest of around $869 million.
Lighter's 24-hour trading volume was approximately $4.46 billion, with a TVL of about $974 million and an open interest of around $1.05 billion.
Extended reported a 24-hour trading volume of approximately $2.43 billion, a TVL of about $218 million, and an open interest of around $309 million.
Pacifica had a 24-hour trading volume of approximately $776 million, a TVL of about $41.93 million, and an open interest of around $59.77 million.#PerpetualDEX #TradingVolumes #MarketVolatility #OpenInterest #DefiLlama #Hyperliquid #Aster #EdgeX #Lighter #Extended #Pacifica #TVL #DeFi #ASTER
🚀 Perpetual DEXs Face Scrutiny Over Trading Volume Discrepancies
#PerpetualDEXs #TradingVolume #Coinglass #Aster #Lighter #Hyperliquid #MarketMaker #DataReliability #Transparency #FuturesMarket #CryptoAnalysis
A recent analysis by Coinglass has revealed inconsistencies in trading volumes, open interest, and liquidations among perpetual decentralized exchanges (DEXs) Hyperliquid, Aster, and Lighter. According to NS3.AI, the report raises concerns about the authenticity of reported volumes, suggesting that incentives and market-maker strategies might be inflating figures, particularly for Aster and Lighter. In contrast, Hyperliquid demonstrated more consistent data.
This analysis has sparked a broader discussion within the industry regarding transparency, data reliability, and the interpretation of derivatives trading metrics. These issues are becoming increasingly significant as competition intensifies in the perpetual futures market.#PerpetualDEXs #TradingVolume #Coinglass #Aster #Lighter #Hyperliquid #MarketMaker #DataReliability #Transparency #FuturesMarket #CryptoAnalysis
🚀 Lighter and Circle Collaborate on USDC Deposit Revenue Sharing
#Lighter #Circle #USDC #Deposit #RevenueSharing #Partnership #PerpetualContract #ChainCatcher
Lighter, a perpetual contract protocol, has entered into a partnership with Circle, the issuer of USDC. According to ChainCatcher, the collaboration will involve sharing the revenue generated from approximately $920 million in USDC deposits on the platform.#Lighter #Circle #USDC #Deposit #RevenueSharing #Partnership #PerpetualContract #ChainCatcher