EclipseSnow

[EclipseSnow @0xDHew]

@litnames_xyz Lfg

[Fuego @fuegonft]

Who is Fuego?

I am Fuego

You are Fuego

We are Fuego 🕯️

[Yuzu Money 🍋 @YuzuMoneyX]

Recent events highlight the risk of curated yield strategies being a blackbox. You deposit, a strategist “does their thing,” and you’re left guessing what’s behind the APY.

Yuzu Money will be the first to change that. We're introducing Asset Whitelist - a live, transparent view of what sits within our mandate.

[Lighter @Lighter_xyz]

The testnet for spot trading on Lighter is live! Check out the link in the thread. We welcome feedback from traders as we get ready to launch the mainnet.

[EclipseSnow @0xDHew]

@heypran @Morpho @base Nice! Really cool stuff

[starcraft2 @user_starcraft2]

equity perps aren’t just “perps but for stocks”. they are the fight over who owns the rail under every tokenized asset.

the last decade of defi and crypto (AMMs, lending, bridges, rollups, oracles) has basically been R&D for this moment: a financial OS for the internet

if everything ends up tokenized and 24/7, someone has to be the margin and leverage layer under all of it: stocks, indices, RWAs, FX, credit, whatever. whoever wins that rail is clearing trillions in notional and it’s probably a winner take most outcome.

imo that fight mostly comes down to @Lighter_xyz vs @HyperliquidX , even if a few other venues try to play in the same lane.

(thesis below)

[Bridget @bridge__harris]

Lighter has ~$70b in 7d volume, ~$1.7b in open interest, 250k unique traders, & $1b in TVL — each of which has been steadily growing.

We’re proud to have invested in @vnovakovski & the team (alongside Ribbit & Robinhood), and so excited to see what they continue to achieve 🕯️

[Chainlink @chainlink]

Lighter, a leading perp DEX and the biggest ZK-based Ethereum rollup, has adopted Chainlink Data Streams as its official oracle solution powering its RWA markets.

With Chainlink, @Lighter_xyz gains access to high-fidelity pricing data for RWA markets, including commodities, equities, and FX.

This pricing data powers critical protocol operations, such as triggering liquidations, calculating margin consumption, and triggering conditional/limit orders.

[EclipseSnow @0xDHew]

@22twixy Awesome congrats

[Vladimir Novakovski @vnovakovski]

When I first started building HFT systems at Citadel in 2004, it was for trading FX on EBS - coming full circle that we now launched FX on Lighter!

https://t.co/H5DKapDjF1

[Lighter @Lighter_xyz]

A runaway bot jammed through the HYPE book with size, there were no liquidations or other adverse effects beyond this. Low volume was traded at very high prices, leaving the wick in creates scaling issues for the chart so it was scrubbed from the front end.

[EclipseSnow @0xDHew]

@CryptoVikings07 Should be this imo

[EclipseSnow @0xDHew]

@satoshiheist LMAO

[EclipseSnow @0xDHew]

@vortoxica gLighter🕯️

[EclipseSnow @0xDHew]

@Eugene_Bulltime @vnovakovski @hansolar21 @manud_p @LemonTea_64 @0xMoh808 @0xJaehaerys @BBerrix @Rencrypta @b00money @_El33_ Nice, composability on ethereum gives Lighter access to 90-100bn Defi TVL onchain. Infinite usecase

[Eugene Bulltime.🕯️ @Eugene_Bulltime]

Lighter’s Composability with Ethereum: Uniswap

Imagine providing liquidity in a WBTC/USDC pool on Ethereum and earning a 20–50% real yield, depending on your range.

With Lighter, you can reuse that same liquidity to generate additional yield.

How It Works

1. Deposit WBTC/USDC into a Uniswap liquidity pool.
2. Receive an LP token as an NFT.
3. Lock this LP token in a Lighter escrow contract.
4. The Sequencer issues this LP token to your Lighter account.
5. Enable Universal Cross-Margin, allowing your LP token to serve as collateral for futures trading.
6. Open long or short positions and profit from market movements.

While you trade, Lighter continuously monitors your LP position on Uniswap and your PnL, rebalancing your account in real time.
Because your collateral value changes with Uniswap pool dynamics, Lighter automatically updates it to prevent bad debt.

If your PnL is positive, you earn USDC; if negative, you lose part of your LP token value.

--------------------------

Why It Matters

This composability unlocks a level of capital efficiency impossible on CEXs (due to centralization) or most L1 chains (due to scalability limits and immature DeFi ecosystems).

It also opens new options to address impermanent loss (IL).
Previously, hedging IL required extra liquidity; now, the same liquidity can do both - provide yield and act as a hedge.
The result: less capital, lower costs, and higher returns.

Moreover, this system could support synthetic stablecoin designs, where liquidity is deployed on Uniswap and actively hedged on Lighter in real time.

Risk curators could easily build such strategies through vaults.
@gauntlet_xyz , @MEVCapital , and @SteakhouseFi may soon leverage Lighter as the core infrastructure for complex strategies at the intersection of trading and DeFi.

-------------------------

The Bigger Picture

Billions in TVL from Uniswap could be activated through Lighter to generate extra yield.
Whoever integrates first could capture billions in AUM and TVL.

Lighter is redefining what’s possible for liquidity providers.

[Vladimir Novakovski @vnovakovski]

@web3cardinal This is true. We were supportive during the JellyJelly incident and encouraged our traders to stay in the vault if they had accounts on both DEXs.

[Lighter @Lighter_xyz]

During the 4.5 hour period from 10:30PM EST on October 10, 2025 until 3AM EST on October 11, 2025, Lighter experienced its first serious outage since mainnet private beta in January and public launch on October 1. This is the post mortem of that outage and actions we took since

[Vladimir Novakovski @vnovakovski]

@0xdoug It’s not that we don’t have ADL. It’s that LLP was providing a lot of liquidity before getting to that point, which saved a lot of traders’ portfolios.