Lighter, the Ethereum zk-rollup exchange best known for perpetual futures, has launched binary options on Bitcoin and Ethereum on October 19, 2026. The Up/Down contracts allow traders to bet on the price direction of these assets, with each winning share paying out 1 USDC. Positions must be fully funded in USDC, which eliminates leverage and liquidation risks entirely. The platform operates on an order-book model and is now positioning itself in direct competition with prediction markets such as Polymarket. The LIT token saw modest price fluctuations reflecting market interest in this evolution.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
