Lighter is a decentralized order book exchange protocol built on Arbitrum. It aims to provide efficient and fair trading with verifiable matching and liquidation engines.

Lighter Project Summary

Welcome to the latest update on the Lighter project! Here's a concise summary of recent developments and events that might interest airdrop hunters and crypto enthusiasts.

Key Updates

Security Alert

• Date: April 18, 2025
• Event: Lighter issued a security alert regarding fake ban messages on Discord. Users are warned not to join any fake Discord channels as they are phishing scams.
• Details: Tweet Link

Private Beta Enhancements

• Date: March 28, 2025
• Event: New coins added to the private beta include $KAITO, $IP, and $LTC. The deposit limit has been increased to 100k USDC.
• Details: Tweet Link

Liquidity Pool Attack

• Date: March 17, 2025
• Event: The Lighter Liquidity Pool (LLP) was attacked by traders manipulating spot prices. The issue was resolved, and all participants were compensated.
• Details: Tweet Link

New Features and Improvements

• Date: April 8, 2025
• Event: Lighter has added stop loss and take profit parameters to existing positions in response to user feedback.
• Details: Tweet Link

Coin and Leverage Updates

• Date: March 6, 2025
• Event: New coins $AAVE, @MKR, $ENA, and $UNI have been added with 10x leverage. Deposit limits have been increased to $50k.
• Details: Tweet Link

Summary

Lighter is actively enhancing its platform with new features and security measures. The recent addition of new coins and increased deposit limits in the private beta shows their commitment to improving user experience. The team is also vigilant about security, as evidenced by their quick response to the Discord phishing scam and the LLP attack. Stay tuned for more updates as Lighter continues to evolve and expand its offerings.

For more detailed information, follow Lighter on Twitter and stay updated with their latest announcements.