0xWhyZi

Web3 BD, Researcher & Developer. Building the decentralized future - @hyperliquidX/ @Lighter_xyz player

[0xWhyZi @0xWhyZi]

Yesterday the @Lighter_xyz team dropped LighterEVM - from a pure perpdex to a full ZK L2 on Ethereum, EVM-compatible.

Here’s my personal take / wishlist on what LighterEVM could unlock for the LighterExchange (calling the exchange “Lighter Exchange” to avoid confusion).

Biggest edge: direct smart contract interaction between LighterExchange and LighterEVM.

Killer use-case → Lending protocol liquidations.
Instead of dumping collateral on shitty AMM pools (high slippage, shallow liquidity), liquidations can hit the orderbook directly on LighterExchange. Deeper liquidity = way less loss for borrowers & the protocol.
This alone could make Lighter’s lending stack crush most existing ones.

$LIT → $stakeLIT flow (src: https://t.co/znkKC5nkPc)

Staking $LIT get $stakeLIT with:
- ~10% APR staking grants
- LLP access (stake 1 $LIT → unlock up to $10 USDC deposit into the public pool)
- Waived withdrawal & transfer fees
- Fee Schedule Discounts

Once you have $stakeLIT, users basically get two juicy paths:

Path 1 – Yield farmer + power trader vibe
- Deposit USDC → mint $LLP (~20%+ APR right now)
- Use $LLP to collab-trade $BTC/ $ETH / $HYPE / $GOLD/etc. on the exchange (coming in the next two weeks)

My hopium: $LLP holders get extra perks when trading: lower fees, faster execution, priority matching to push people to actually use it instead of just farming yield.

Not trading? Lend your $LLP out via the Lending protocol on LighterEVM and earn borrow interest. Since $LLP has trading perks, real traders might borrow it just to get those edges.

Path 2 – Lend $stakeLIT to serious traders
Borrowers of $stakeLIT inherit all the goodies:
- Fee Schedule Discounts
- Waived withdrawal & transfer fees
- LLP access

Pro traders love this they get premium perks without holding volatile $LIT and messing up their delta-neutral strats.
Super clean way to boost $stakeLIT velocity and liquidity.

The other pieces falling into place
- DEX protocol on LighterEVM → spot trading for regular tokens
- Launchpad protocol → early access to new tokens; strong ones could graduate to perp listing on Lighter Exchange
- Bridge (mandatory) → pull in RWAs, stables, tokens from other chains → capital inflows on easy mode

**Big picture flow I’m imagining:

- Stake $LIT → $stakeLIT
- $stakeLIT → lend out OR unlock LLP access
- USDC → $LLP (yield + trading power)
- $LLP → farm, trade collab, or lend
- Lending + orderbook combo → super-efficient liqs
- Launchpad + DEX → native token ecosystem
- Bridge → suck in money from everywhere

If they actually pull off orderbook perps + lending + launchpad + DEX + bridge all composable on one L2… this could be one of the most complete DeFi/perp stacks out there right now.

gLighter

[Lighter @Lighter_xyz]

https://t.co/QuvFKuTrG2

[0xWhyZi @0xWhyZi]

@vinhdtrai Kèo airdrop đổi đời

[0xWhyZi @0xWhyZi]

@Deestar Short now

[0xWhyZi @0xWhyZi]

@vinhdtrai Đẳng cấp lu��n

[0xWhyZi @0xWhyZi]

Anyone know what’s happening with $LIT? 👀

[0xWhyZi @0xWhyZi]

Permissionless, no "trust me bro"

[0xWhyZi @0xWhyZi]

"What's HYPERLIQUID at?"

[Clemente @Chilearmy123]

I DEMAND A REFUND @saylor

[0xWhyZi @0xWhyZi]

@DromesLaw Lew lew

[0xWhyZi @0xWhyZi]

@ajey_eth Can’t find the RFQ button?

[Project X @prjx_hl]

Hyperliquid is changing the world.

[0xWhyZi @0xWhyZi]

@Leon_Defi WTF :?

[Lighter @Lighter_xyz]

How do you ship new products fast while being a fully verifiable ZK rollup? @vnovakovski and @VitalikButerin discuss building the Lighter EVM and adding option markets to Lighter - from our Fireside this week

[0xWhyZi @0xWhyZi]

@chameleon_jeff @ZiggsOnChain @HyperliquidX 🫶

[0xWhyZi @0xWhyZi]

@isvaderthanh @Lighter_xyz Hay em ơi

[0xWhyZi @0xWhyZi]

@solotop999 Ghét crypto mới bán lấy tiền đó haha

[0xWhyZi @0xWhyZi]

Permissionless, no "trust me bro"

[Lighter @Lighter_xyz]

Lighter's escape hatch just got independently verified: if the sequencer ever dies, you can generate a ZK proof and withdraw directly on Ethereum.

Thanks to @L2beat for the writeup on our fully verifiable and permissionless onchain trading infrastructure.

[Tomek Biznestmen @tomek_fin_ai]

Mój syn właśnie mi powiedział, że jest gejem.

Zalałem się łzami.

Ale nie z tego powodu, o którym myślicie.

Po prostu badania dowodzą, że statystycznie mężczyźni zarabiają o jakieś 20% więcej niż kobiety.

Ślub z facetem zamiast z kobietą to z finansowego punktu widzenia po prostu genialna, długoterminowa decyzja.

Jestem niesamowicie dumny z syna.

[jeff.hl @chameleon_jeff]

Excited to see everyone come together for this historic moment. AQAv2 brings the protocol-aligned stablecoin model that @Nativemarkets trail-blazed to USDC with @Coinbase and @Circle's commitment to Hyperliquid. The community no longer has to choose between liquidity and alignment.

Our industry will face adversity as we continue to grow. It gives me hope seeing titans of the industry come together to build for users and bring all of finance onchain.

[0xWhyZi @0xWhyZi]

@beeple :>>>

[Hyperliquid @HyperliquidX]

Congratulations to Phantom on reaching $20M in builder code revenue on Hyperliquid in under a year. Users can trade 200+ markets in the Phantom app, including crypto, indices, commodities, and more.

To date, 100+ teams have integrated via builder codes, earning a share of fees on every trade their users make.

[禿道道🐟 @dearemon]

My Apple Car.

[Luna ♡ @VelvetLuna_1]

NYC landlords really charging $4,000/mo for a basement apartment while this is happening right under the floorboards 😭💀🔊