Lighter debuts spot trading with ETH as the first depositable asset

Key Takeaways

• Lighter, a decentralized exchange on Ethereum layer-2, has debuted spot trading with ETH as the first depositable asset.
• This marks an expansion beyond Lighter's prior focus on perpetual futures, now allowing direct asset transfers on mainnet.

Lighter, a decentralized exchange protocol on Ethereum layer-2, today launched spot trading with ETH as the first depositable asset. The platform expanded its offerings beyond perpetual futures to include direct asset transfers between accounts on the mainnet.

The exchange positions its spot trading as an alternative to platforms like Hyperliquid, emphasizing zero-fee trading for retail users on its Ethereum-based zk-rollup exchange.

Lighter uses custom zero-knowledge circuits for verifiable order matching and liquidations, focusing on low-cost and low-latency trading. The platform previously concentrated on perpetual futures before adding spot trading capabilities.