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Lighter_xyz has successfully raised $68M in a recent funding round. The Series funding round was led by Founders Fund and Ribbit Capital, positioning the company with a $1.5B post-money valuation. The platform is currently active, reporting substantial trading volumes in the decentralized exchange space. Lighter_xyz continues to be recognized as a top player in the perpetual DEX market.
Company Information
Company
Lighter
Location
4100 NE 2nd Ave
Miami, Florida, United States
About
Lighter is a decentralized perpetual trading protocol operating as a custom layer 2 on Ethereum. It focuses on verifiable matching and liquidations, enabling perpetual futures and soon spot trading. The startup aims for on-chain transparency and speed for institutional DeFi traders seeking secure digital asset platforms. With early profitability and a strong technical team, Lighter positions itself as a high-performance alternative to traditional perpetual DEXs.