Lighter secures $68M in new funding round backed by Peter Thiel’s Founders Fund and Robinhood

Lighter Raises $68M Funding To Scale DeFi Derivatives

Lighter, a decentralised protocol built for perpetual derivatives trading, has completed a $68 million funding round led by Founders Fund and Ribbit Capital, with participation from Haun Ventures and Robinhood Markets. The new capital values the company at around $1.5 billion.Founded by Vladimir Novakovski, Lighter operates a layer-2 exchange offering zero-fee perpetual futures trading on Ethereum, complete with on-chain proof of order matching …

Lighter Secures $68M Funding at $1.5B Valuation, Eyes Spot Market Launch

Lighter has announced a $68 million funding round, pushing its valuation to $1.5 billion. The move underscores growing investor confidence in the exchange’s rapid growth and its potential to redefine onchain trading.

Decentralized Perpetual Futures Trading Platform Lighter Raises $68M at $1.5 Billion Valuation

Quick take: The round brings the total raised to nearly $90 million, following a $21 million unreported funding in 2024 led by Haun Ventures and Craft Ventures. Lighter operates a custom layer-2 exchange on Ethereum, which focuses on verifiable matching and liquidations. The Perp DEX platform was developed by Vladimir Novakovski, who graduated from Harvard at 18 years and worked as an engineer at Citadel. Lighter, the decentralized perpetual fu…

Lighter secures $68M in new funding round backed by Peter Thiel’s Founders Fund and Robinhood

Lighter's funding boost highlights growing corporate interest in DeFi, potentially accelerating mainstream adoption of decentralized finance. The post Lighter secures $68M in new funding round backed by Peter Thiel’s Founders Fund and Robinhood appeared first on Crypto Briefing.