🍀 [Lighter] 🍀 An Emerging Hyperliquid Competitor with Similar Rewards Program

[Vispilio]

Lighter, built by Citadel alumni and backed by major VCs like a16z, is contending for the top spots in Perp Dex realms by offering institutional-grade, low-latency trading with zero fees for retail traders.

It has recently surpassed 110 mil in TVL, and has a generous rewards program similar to early days of Hyperliquid. I have a few invite codes which I can give to users who are confident about doing high volume consistently.

If you would like an invite code and are experienced in perp dex trading, send me a PM either here or on telegram @Vispilio


https://lighter.xyz/

[Vispilio]

Show goes on,

giving out 3 invites / week via pm

[Vispilio]

Fresh invites are available ladies & gents,

campaign goes on for another 1-2 months and then will continue with round 2...

[Vispilio]

Don't fade Lighter, the perps game is getting very competitive,

DM me or text me on Telegram @Vispilio for fresh invites for an additional 10% kickback to all points

[tokeweed]

^  Meh.  We all know a lot of the volume that goes into Lighter are from traders who are farming the airdrop.  Don't get me wrong, I think Lighter is a good product which could very well may take on Hyperliquid.  But taking the volume comparison before Lighter's TGE and putting it side by side with Hyperliquid's volume post TGE is the wrong comparison.

Let's wait for TGE and give it a few months after before we make these kinds of comparisons.  And oh, open interest matters a lot more as volume could be gamed like how the Chinese exchanges do it back in the day.

[Vispilio]

...

Hyperliquid is amazing for me, it's very good for the industry and the end user to have at least a few top class competitive DEX's offering perps, it's one of the most interesting and useful features of DeFi. It's also important to diversify your portfolio into multiple exchanges to mitigate counterparty risk, so this is a very healthy competition going on between DEX's right now.

Of the many perp dex's active now, I see only very few with the potential to remain at the top level post TGE, and Hyperliquid and Lighter are among them, I can add 2 more potential contenders to this S tier list, anyone interested in being an active player in the perpetuals scene, feel free to contact me for all invites for bonus points.

[Adbitco]

^  Meh.  We all know a lot of the volume that goes into Lighter are from traders who are farming the airdrop. 

I don't know about this, but I want to know if they really launches an airdrop program all these while?
I have been lately being to backwards, or do I say not giving any attention to altcoin and to that which is relatively concerning memecoin. Maybe who knows I could had been favored on their airdrop rewards, however has the even ended?
About this, I would take my time to explore through the platform. Look promising.

[GiftedMAN]

I don't know about this, but I want to know if they really launches an airdrop program all these while?
I have been lately being to backwards, or do I say not giving any attention to altcoin and to that which is relatively concerning memecoin. Maybe who knows I could had been favored on their airdrop rewards, however has the even ended?
About this, I would take my time to explore through the platform. Look promising.

Me likewise, I haven't paid any attention to altcoin or memecoin for a while now especially after the crash that affected the market few months ago but if Lighter has launched an airdrop before now or they wish to launch it could be an opportunity to try the chances of getting something out of it can still be possible. After getting this information now and seeing some reputable members here I think I would be interested to participate in what they are doing hopefully we get a goodnews about this project soon.

[tokeweed]

...

Hyperliquid is amazing for me, it's very good for the industry and the end user to have at least a few top class competitive DEX's offering perps, it's one of the most interesting and useful features of DeFi. It's also important to diversify your portfolio into multiple exchanges to mitigate counterparty risk, so this is a very healthy competition going on between DEX's right now.

Of the many perp dex's active now, I see only very few with the potential to remain at the top level post TGE, and Hyperliquid and Lighter are among them, I can add 2 more potential contenders to this S tier list, anyone interested in being an active player in the perpetuals scene, feel free to contact me for all invites for bonus points.

Just wondering, are you trading in the alpha testing phase of Ethereal?  Some people have been shilling their access codes and I hears that the team is self funded just like Hyperliquid.    And you know what that means...  They could airdrop a huge portion of their supply because the devs are not beholden to private investors and their whims.

And the beauty of that set up is if they like to invest in the project, they could buy the tokens from the open market just like what happened to Hyperliquid.  Huge money came in at the first day after TGE.

[Vispilio]

Just wondering, are you trading in the alpha testing phase of Ethereal?  Some people have been shilling their access codes and I hears that the team is self funded just like Hyperliquid.

Yeah I am, I wasn't paying much attention to it as their trading platform took ages to launch, but I had a bit of capital pre-deposited with them already so just added Ethereal to the perp dex rotation...

[tokeweed]

^  Cool, how many points have you gotten so far if you don't mind me asking...  Just ignore the question if you don't want to answer it.

But if you need an access code I could give you one.  I need a little more points and rank up. 

And Ethereal has been decent btw.  It's not as polished as Hyperliquid but with a little more work on the frontend, I think it's gonna be just as good.  Not sure about it performs under heavy load tho.