Dossier
DeFi derivatives
Coverage of DeFi derivatives in the Nexus archive.
- Lighter Perp DEX: Price Up 20% in recent times, But Are Usage Metrics Following?
Lighter, a perpetual DEX token (LIT), has increased 20% in price to around $1.46 over the past week, driven by increased protocol attention including mentions by Vitalik Buterin and new integrations. However, the article questions whether underlying usage metrics such as sustained volume, open interest, and user retention are also improving to support the price movement.