Lighter Raises $68M Funding at $1.5B Valuation to Challenge Decentralized Derivatives Competitors

Decentralized finance platform Lighter has successfully secured $68 million in a recent funding round, achieving a remarkable valuation of $1.5 billion. This substantial capital injection positions Lighter to aggressively compete with established players in the decentralized derivatives market. The funding will accelerate platform development, enhance trading features, and expand its user base in the rapidly growing DeFi derivatives sector.