Perp DEX Lighter Secures $68M Funding, Valuation Reaches $1.5B
Perp DEX Lighter Secures $68M Funding, Valuation Reaches $1.5B
Lighter, a decentralized perpetual exchange (DEX), has announced a significant $68 million funding round. The raise, led by Founders Fund and Ribbit Capital, values the company at approximately $1.5 billion. This positions Lighter as a top performer in the perpetual DEX volume landscape.
Lighter Rises with $68M Funding Round
The decentralized perpetual exchange Lighter has successfully completed a $68 million funding round, a significant milestone that now values the company at an estimated $1.5 billion. The investment was spearheaded by leading venture capital firms, Founders Fund and Ribbit Capital. This capital infusion arrives as Lighter reportedly ascends to a top position in terms of volume among perpetual decentralized exchanges, signaling strong growth and investor confidence in the platform and the broader DeFi derivatives sector.