Lighter

Lighter is a decentralized perpetual futures exchange built as a specialized zk-rollup on Ethereum, offering CEX-like performance with verifiable matching and liquidations. It supports up to 10,000 orders per second with 5ms soft finality, full self-custody, and deep liquidity for crypto perpetuals. Currently invite-only, Lighter has surged to the second-largest perp DEX by volume at over $5B daily, behind Hyperliquid, with features like low-latency trading, points farming for potential airdrops, and transparent, auditable executions. The platform emphasizes security, scalability, and fairness through cryptographic proofs.