Perp DEX Lighter Reports Outage Following Surge in Transaction Volume

The decentralized exchange cites extremely high transactions per second as the cause, with the team working urgently to restore services.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • DEX (Decentralized Exchange): A cryptocurrency trading platform that operates without a central authority, enabling peer-to-peer transactions directly on the blockchain.
  • TPS (Transactions Per Second): A measure of how many transactions a blockchain network processes each second, often used to assess performance and scalability.