Reiter introduced on-chain perpetual futures on major Korean stocks, giving crypto traders direct access to Samsung, SK Hynix, and Hyundai.
summary
- The writer launched perpetual futures on Samsung, SK Hynix, Hyundai and South Korean indices.
- The contract offers up to 10x leverage and is executed entirely on-chain.
- This move will expand DeFi trading into traditional stock markets.
Lighter has launched on-chain perpetual futures linked to major Korean stocks, becoming the first decentralized exchange to offer crypto-based derivatives related to companies such as Samsung, SK Hynix, and Hyundai.
The development was announced by Leiter on February 11, confirming that traders now have access to permanent contracts on Samsung Electronics, SK Hynix, Hyundai Motors, and the Korea Composite Index with up to 10x leverage.
The first on-chain criminal against a blue-chip Korean company
Lighter’s latest launch marks a step forward in the fusion of traditional finance and decentralized trading. Samsung, SK Hynix, and Hyundai are among South Korea's most influential companies, with strong connections to global semiconductor, automotive, and technology supply chains.
We are excited to be the first DEX to offer Korean stock PERP!
These markets operate at 10x leverage on the $HYUNDAI, $SAMSUNG, $SKHYNIX, and $KRCOMP (Korea Composite) indices. pic.twitter.com/cJjt9yshDK
— Writer (@Lighter_xyz) February 11, 2026
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Through perpetual futures, traders can take long or short positions in these stocks at any time without having to deal with brokers, custody rules, or market times. Contracts are settled in cryptocurrencies and remain open as long as margin requirements are met.
The platform's zero-knowledge design helps reduce trading costs and improve execution. Fees are kept low and transactions are processed without revealing sensitive user data on-chain.
This model is similar to crypto perpetual assets, but applies to traditional assets. Instead of Bitcoin (BTC) or Ethereum (ETH), users can now gain exposure to South Korean blue-chip companies and broader market indices.
Growing interest in Korean stocks and virtual currency trading
Interest in Korean stocks, especially the semiconductor sector, is increasing. Global car sales continue to benefit Hyundai Motors, while SK Hynix and Samsung benefit from rising demand for AI-related memory chips.
The company's lead in high-bandwidth memory played a large role in this result. Semiconductor-focused funds have also made big gains, with some leveraged products reporting returns of 70% to 80% in recent months.
South Korean regulators have given the green light to a new wave of 2x leveraged ETFs tied to major Korean companies such as Samsung and Hyundai. The fund is expected to be launched in 2026, and authorities plan to roll out an investor education program in advance to help people better understand the risks associated with leveraged products.
Writer perpetual contracts are easy to access and offer greater leverage than traditional financial products. At the same time, they operate outside the country's regulated securities framework, which may be an important factor for some investors.
At the same time, South Korea remains an active cryptocurrency market. CryptoQuant founder Ki Yong-joo recently said that despite the widespread economic slowdown, domestic exchanges still account for about 9.54% of global spot trading volume.
Reiter believes demand for hybrid financial products that combine equity exposure with crypto-native infrastructure will continue to grow.
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