Lighter public mainnet officially launches, kicking off the second season of the points program

ChainCatcher news, Perp DEX Lighter announced the official launch of its mainnet based on Ethereum L2, fully opening up after 8 months of private testing.

The first season of the points program has ended, and the second season will continue until the end of 2025. Specific ways to earn points will be announced soon. Users can now join freely, with no invitation code or deposit limit required, but the invitation program remains, and inviters can receive points and other incentives.

The Lighter protocol smart contracts have been audited and the reports are public, and a brand new block explorer has been launched to facilitate users in viewing orders and trading activity.

Retail users conducting low-frequency or medium-frequency trading on the frontend will always be free of charge. 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 attacks.

With the launch of the second season of points, the team will disclose more data regarding fee distribution, LLP holders' earnings, and the protocol treasury mechanism.