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Lighter Mainnet officially launched, kicking off the second season of the points program.
According to BlockBeats news on October 2, Perp DEX Lighter announced that its Mainnet based on Ethereum L2 is officially launched after 8 months of private testing. The first season points program has ended, and the second season will continue until the end of 2025, with specific ways to earn points to be announced soon. Users can now join freely without an invitation code and deposit limits, but the invitation program is still retained, and invitees can receive incentives such as points. The smart contracts of the Lighter protocol have passed the audit and the report is publicly available, while a brand new blockchain explorer has been launched to facilitate users in checking order and transaction status. Retail investors will enjoy free low-frequency or medium-frequency trading on the front end, while API trading (including market makers and high-frequency traders) has started to incur fees, and automatic rules have been introduced to prevent wash trading and Sybil Attack. With the opening of the second season points, the team will disclose more data regarding fee distribution, LLP holder earnings, and protocol treasury mechanisms.