@investop
Lighter continues to dominate perp DEX volumes, frequently leading the sector with multi‑billion daily volume and a 0% maker/taker fee model that keeps farmers and pro traders highly engaged. Recently the team rolled out spot markets starting with ETH, signaling a push to become a full‑stack trading venue rather than a perps‑only farm. At the same time, the community is in wait‑and‑see mode on the TGE: expectations of a Q4 airdrop are still alive, but market odds now price in a real chance of delay into early 2026, so current activity is a bet that Lighter’s points and future token will justify the grind