Lighter has integrated Robinhood Chain collateral, allowing users to deposit assets like the USDG stablecoin from Robinhood Wallet as margin for perpetual futures trading. This integration coincides with the launch of Robinhood's Ethereum Layer-2 chain built on Arbitrum. The move could significantly increase onchain derivatives trading volume, given Robinhood's large user base. However, risks include smart contract vulnerabilities and regulatory uncertainties around perpetual futures trading for US retail users. Following the announcement, Lighter's LIT token surged about 15%.
Lighter announced a tokenomics update that all future repurchased LIT tokens will be permanently burned, removing them from circulation forever. This change shifts from holding repurchased tokens in treasury to permanently destroying them, aiming to ...
Bitcoin and ether prices fell toward critical multiyear support levels, with bitcoin near its lowest since late 2024 and ether at a level it has bounced from twice before. Despite subdued volatility, options traders are paying a premium for downside ...
