Important points
- Reiter, a decentralized exchange on Ethereum Layer 2, has debuted spot trading with ETH as its first depositable asset.
- This marks Lighter's expansion beyond its previous focus on perpetual futures, allowing direct asset transfers on mainnet.
Lighter, a decentralized exchange protocol on Ethereum Layer 2, today launched spot trading with ETH as its first depositable asset. The platform has expanded its services beyond perpetual futures to include direct asset transfers between accounts on mainnet.
The exchange positions spot trading as an alternative to platforms like HyperLiquid, highlighting zero-fee trading for individual users on the Ethereum-based ZK Rollup exchange.
Lighter focuses on low-cost, low-latency trading and uses custom zero-knowledge circuitry for verifiable order matching and clearing. The platform focused on perpetual futures before adding spot trading capabilities.
