Lighter’s testnet launch on Nov. 25 follows a $68 million funding round led by Founders Fund and Ribbit Capital, aiming to refine the platform ahead of its mainnet debut.
Lighter announced via X on Nov. 25 that its spot trading testnet is now live, inviting traders to provide feedback for mainnet preparation. The platform previously reported 500,000 independent users on Nov. 20 and recently closed a $68 million funding round on Nov. 11, led by Founders Fund and Ribbit Capital. The testnet offers trading without real assets, marking a key step before the official launch.