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Home/News Feed/Tom Lee hails Lighter as a key Ethereum layer-2 exchange with $43B trading volume in 30 days
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Tom Lee hails Lighter as a key Ethereum layer-2 exchange with $43B trading volume in 30 days

Market News
27 Jul 2026
BeInCrypto
View Source
Bullish
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Tom Lee, chairman of BitMine, praised Lighter as a breakout success and critical infrastructure for Ethereum. Lighter is an Ethereum layer-2 perpetual decentralized exchange (DEX) enabling leveraged crypto trading without custody, using zero-knowledge proofs for fairness. It handled $43 billion in trading volume over 30 days and holds $822 million in open bets. Despite a recent drop in quarterly revenue, Lee views Lighter as essential infrastructure rather than a short-term trade, highlighting its growing importance in Ethereum's ecosystem.

More News (LIT)

Tom Lee endorses Lighter as key Ethereum layer-2 platform, boosting BitMine's ETH strategy.

Tom Lee endorses Lighter as key Ethereum layer-2 platform, boosting BitMine's ETH strategy.

Tom Lee, chairman of BitMine Immersion Technologies, has endorsed Lighter, an Ethereum layer-2 decentralized exchange, calling it a major success and vital to Ethereum's infrastructure. BitMine holds a large Ethereum treasury, reflecting strong confi...

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