Market Share & Competition - Lighter surpassed Hyperliquid in perpetual DEX market share, achieving 27% compared to Hyperliquid's 10% [1] - Hyperliquid possesses a $11 billion market cap [1] - Lighter is pre-launch [1] Revenue & Trading - Lighter generates $500 thousand daily revenue without a token [1] - OTC points trading ranges from $100 to $117 with no sellers [1] Technology - Lighter utilizes a custom zk rollup for order matching, processing 4000 TPS (transactions per second) [1]