Lighter Launches Spot Trading on Ethereum Layer-2 Platform
According to Lighter’s official statement, ETH deposits, withdrawals, and mainnet transfers are now supported, marking a strategic expansion beyond perpetual futures into spot markets.
ETH
Summary
Lighter has officially launched spot trading on its Ethereum Layer-2 exchange, with ETH as the first depositable asset. The upgrade enables ETH deposits, withdrawals, and mainnet transfers, expanding the platform’s offerings beyond perpetual futures. This move follows Lighter’s $68 million funding round in November and will be complemented by additional market listings later in the week.
Terms & Concepts
- Ethereum Layer-2: A secondary network built on Ethereum to increase transaction speed and reduce fees by processing off-chain before settling on the main blockchain.
- Spot trading: The immediate purchase or sale of a cryptocurrency at current market prices, with instant settlement.