@edisantoso.base.eth
Lighter raised $68M in its latest funding round.
The Ethereum-based perpetual trading protocol just secured backing from some of the biggest names in the industry.
Thread below:
Funding amount: $68 million
Round type: Funding Round
Lead investors:
* Ribbit Capital
* Founders Fund
Other backers:
* Robinhood
* Haun Ventures
Lighter is a perpetual trading protocol built on Ethereum.
It focuses on:
* Capital efficiency
* Low latency
* Deep liquidity
The goal: bring CEX-level performance to on-chain trading.
The investor lineup speaks volumes.
Founders Fund and Ribbit Capital leading the round shows strong conviction.
Robinhood joining in signals a growing bridge between TradFi and DeFi.
Lighter aims to solve key problems in DeFi trading:
* Fragmented liquidity
* Slow execution
* Inefficient capital use
If successful, it could redefine how perpetuals work on Ethereum.
With $68M in fresh capital and top-tier backers,
Lighter is positioning itself as a major competitor to dYdX, Hyperliquid, and Aevo.
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