Lighter has introduced a Perpetual Contract Trading Funding Rate Rebate Mechanism, with a rebate percentage of up to 15%.
BlockBeats News, February 12, according to official sources, Lighter announced the launch of a funding rate rebate mechanism for perpetual contract trading, which is a new attempt similar to its earlier innovative zero-fee on-chain trading model.
In simple terms, eligible traders who need to pay the funding rate will receive a certain percentage of rebate; while the mechanism for charging the funding rate remains unchanged.
The rebate percentage can be as high as 15% of the paid funding rate. This rebate mechanism will take effect immediately and will be distributed within 24 hours.
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