The Ethereum-based decentralized finance (DeFi) platform, a fledgling in the digital realm, took its first steps in October after a modest $21 million infusion from Haun Ventures, a venture that now seems as quaint as a 19th-century village fair.
Lighter Becomes Crypto’s Latest Unicorn After $68M Round
Behold, Lighter-the latest prodigy in the crypto pantheon-has ascended to unicorn status, its valuation soaring to $1.5 billion following a $68 million fundraise. Led by the formidable Founders Fund and Ribbit Capital, this venture has sparked whispers of both awe and skepticism, as if the very air crackles with the electricity of ambition. 🦄💸
Vladimir Novakovski, the Russian-born savant whose youth was marked by Olympiad medals and Harvard’s hallowed halls, has once again dazzled the world. Having launched Lighter mere weeks ago, he now stands poised to challenge the titans of perpetual futures. “We toiled for 18 months,” he mused, “and now, we bask in the glow of public mainnet.” A tale as old as time, yet ever fresh. 🧠⚡
Novakovski’s résumé reads like a fairy tale: Citadel researcher, Quora’s alchemist, and Lunchclub’s architect. Yet here he is, now seeking to conquer the volatile realm of crypto derivatives-a domain as treacherous as a Siberian winter. 🏔️

With $90 million in his pocket and the backing of Robinhood and Haun Ventures, Novakovski’s venture is a spectacle. Yet one cannot help but ponder: Is this the dawn of a new era, or merely the latest chapter in the eternal dance of hubris and fortune? 🤔
“We @foundersfund are thrilled to have doubled down on @Lighter_xyz,” declared Bridget Harris, her words dripping with the gravitas of a seasoned investor. “They’ve built an incredible perp trading experience… with zk proofs, of course.” A nod to the arcane, perhaps? 🧙♂️
FAQ ⚡
- What is Lighter and why is it making headlines?
A Ethereum-based perpetual futures platform, now a $1.5 billion marvel, its rise as swift as a comet’s tail. 🌟 - Who’s backing the project?
Founders Fund, Ribbit Capital, Robinhood, and Haun Ventures-each a titan in their own right. 🦁 - Who founded Lighter?
Vladimir Novakovski, a Harvard graduate and Olympiad medalist, who seems to have mastered the art of reinvention. 🎓 - What makes Lighter stand out?
Ultra-low latency, zk-proof security, and a team that rivals the mythical. A true digital phoenix. 🔥
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2025-11-12 12:28