Telegram Wallet Launches Perpetual Futures with Lighter

Wallet in Telegram, the cryptocurrency management tool embedded in the popular messaging platform, launched perpetual futures trading on Thursday, partnering with decentralized exchange Lighter to offer leveraged positions to its more than 150 million users worldwide.

The integration allows users to open long and short positions directly within the app's Crypto Wallet interface, without needing to download external software or connect third-party wallets. Traders can access over 50 markets, including major cryptocurrencies such as Bitcoin, Ethereum and Toncoin, as well as real-world assets like oil, gold, metals, stocks and exchange-traded funds. Leverage reaches up to 50 times, enabling positions to start from as little as $1.

This move addresses longstanding barriers for retail investors, who often encounter complex interfaces and the hassle of transferring funds to specialized exchanges. "By integrating Lighter directly into Wallet, we are making advanced leveraged trading simple and accessible where millions of users already communicate and hold crypto," said Andrew Rogozov, founder and CEO of The Open Platform, which develops the wallet. "This combination of performance and...