Vladimir Novakovski

For the first time, all ZK circuits used by Lighter perp DEX L2 were regenerated from sources by L2BEAT! Now you don’t have to trust the Lighter team to perform a permissionless emergency exit. 👇Learn more in the thread👇

As we roll out new features for Lighter, a quick metrics update: today we had the highest revenue day since TGE, processed (and generated ZK proofs of) over 500M orders, no downtime, latency down to 200ms. Best of luck to all our traders navigating this rough volatility period!

I appreciate the interest in--but not the hyperbole about--the contemplated innovation exemption for the onchain trading of tokenized NMS stock. Keep in mind: I've always expected that it'd be limited in scope & would facilitate trading only of digital representations of the same underlying equity security that an investor could purchase in the secondary market today, not synthetics.

Announcing Lighter RFQ in beta! Available on the web app on eligible RWA markets. Enter and exit larger positions in one click with lower slippage and better pricing.

Announcing Lighter RFQ in beta! Available on the web app on eligible RWA markets. Enter and exit larger positions in one click with lower slippage and better pricing.

Announcing Lighter RFQ in beta! Available on the web app on eligible RWA markets. Enter and exit larger positions in one click with lower slippage and better pricing.

"L2s were a failed experiment. App chains were a failed experiment outside of Hyperliquid." Logan Jastremski reveals why he hasn't thought about Ethereum since 2021: "L2s never made sense. A transaction is just bytes. An L2 compresses 5 bytes to 1 byte. If you want compression, why apply it to a low-throughput chain instead of a high-throughput one?" "Ethereum is mostly an artifact of people making money in the early days. From an institutional and product use case standpoint, it's largely dead. The most overvalued asset in the world."

"L2s were a failed experiment. App chains were a failed experiment outside of Hyperliquid." Logan Jastremski reveals why he hasn't thought about Ethereum since 2021: "L2s never made sense. A transaction is just bytes. An L2 compresses 5 bytes to 1 byte. If you want compression, why apply it to a low-throughput chain instead of a high-throughput one?" "Ethereum is mostly an artifact of people making money in the early days. From an institutional and product use case standpoint, it's largely dead. The most overvalued asset in the world."