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[@StayRoamer](/creator/twitter/StayRoamer)
"Public mainnet for @lighter_xyz went live today here's a summary of recent developments (with references below): - S1 ended you're now earning S2 points until EOY. Guidelines on how to earn pts coming out next few days - Spot markets (needed for TGE) are being built expecting them in a few weeks - Homepage has been updated including leading investors: Founders Fund (Peter Thiel) Dragonfly Haun Ventures Robot Ventures A16Z and others - Deposit Caps have been lifted - You can now join without an invite code (but you can still invite traders and earn a % of pts they generate) - Smart Contracts"  
[X Link](https://x.com/StayRoamer/status/1973622343483211931) [@StayRoamer](/creator/x/StayRoamer) 2025-10-02T05:33Z 1041 followers, 10.5K engagements


"worst and best performers on binance during yday's flush"  
[X Link](https://x.com/StayRoamer/status/1977115694148751373) [@StayRoamer](/creator/x/StayRoamer) 2025-10-11T20:54Z 1036 followers, 3416 engagements


"During yesterday's flash crash @lighter_xyz quoted the highest prices for most majors (12 out of 16) out of these four venues : binance bybit hyperliquid lighter"  
[X Link](https://x.com/StayRoamer/status/1977141226077106431) [@StayRoamer](/creator/x/StayRoamer) 2025-10-11T22:36Z 1038 followers, 14.5K engagements


"@0xWickNM @Punk9277 Lighter's outage was caused by scaling issues not trying to "avoid bankruptcy" - LLP is fine and kept quoting during the whole flash crash prices were higher on Lighter than most venues. Outage happened five hours later during a lower activity period"  
[X Link](https://x.com/StayRoamer/status/1977333677089828909) [@StayRoamer](/creator/x/StayRoamer) 2025-10-12T11:21Z 1035 followers, 2532 engagements


"@jrugss It is as long as volume is tiny - good luck dealing with X figs in asks. Similar to teams doing shenanigans to pump their low float coins with DATs etc"  
[X Link](https://x.com/StayRoamer/status/1979976683357667639) [@StayRoamer](/creator/x/StayRoamer) 2025-10-19T18:23Z 1036 followers, XX engagements


"Lighter just listed its first RWAs: $XAU & $XAG (gold silver). What changes from normal perps Can be traded only during trad market hours (otherwise can only reduce size) Only isolated margin No insurance fund: liqs via orderbook (no fees) uses XLP instead of LLP"  
[X Link](https://x.com/StayRoamer/status/1980360524740051003) [@StayRoamer](/creator/x/StayRoamer) 2025-10-20T19:48Z 1042 followers, 4287 engagements


"@bbzzzbbzzz Not the first some others listed it - but you can't beat zero fees and lighter's ux"  
[X Link](https://x.com/StayRoamer/status/1980372737525940344) [@StayRoamer](/creator/x/StayRoamer) 2025-10-20T20:37Z 1040 followers, XXX engagements


"@muhhharmmard Experimental Liqudity Pool a more exotic version of LLP used to quote markets like RWAs and pre-markets / less liquid coins too in the future i assume. Contrary from LLP XLP does not act as an insurance fund and does not take on users' liquidations"  
[X Link](https://x.com/StayRoamer/status/1980383981511258246) [@StayRoamer](/creator/x/StayRoamer) 2025-10-20T21:21Z 1042 followers, XXX engagements


"So i stumbled upon @PriorXBT's website that estimates revenue by fetching lighter trades via ws - i thought it'd be interesting to revisit this model we did back in august with today's estimate ($260m annualized)"  
[X Link](https://x.com/StayRoamer/status/1980762705125347427) [@StayRoamer](/creator/x/StayRoamer) 2025-10-21T22:26Z 1043 followers, 2587 engagements


"Lighter just released guidelines on how points are distributed to retail traders here's a summary: - 250K points every Friday to last until EOY. 200K go to retail traders 50K go to market makers - The snapshot considers activity from Wednesday (incl.) through Tuesday (incl.) - Lighter runs sybil detection methods; up to XX accounts per user are allowed without penalty - Self-trading won't earn points and requires a premium account otherwise you'll be set reduce-only - What matters: volume open interest fundings liquidations/deleverages PnL (plus other non-specified metrics: sharpe PnL"  
[X Link](https://x.com/StayRoamer/status/1979652894799368539) [@StayRoamer](/creator/x/StayRoamer) 2025-10-18T20:56Z 1043 followers, 13.6K engagements


"If you're wondering why $XAU over $PAXG The images say it all The trade off is being limited to TradFi hours but the index (used for liqs and tp/sl) is drawn from a much much more liquid venue Which shields you from scam wicks and the like"  
[X Link](https://x.com/StayRoamer/status/1980365759877705731) [@StayRoamer](/creator/x/StayRoamer) 2025-10-20T20:09Z 1043 followers, XXX engagements


"Now that's fun. All these protocols have seen their FDV shrink (-25% -XX% -XX% -45%) lately but fees have remained steady (Hyperliquid) surged (Drift +66% GMX +90%) or decreased (GMX -10%)"  
[X Link](https://x.com/StayRoamer/status/1980762709076353063) [@StayRoamer](/creator/x/StayRoamer) 2025-10-21T22:26Z 1043 followers, XXX engagements