Lighter reports issues with deposits and withdrawals

Lighter has announced that deposits and withdrawals are currently not functioning properly on their platform. This disruption impacts the core on-ramp and off-ramp functions of the on-chain perpetual decentralized exchange (DEX), which utilizes transparent order book matching. The platform’s innovation includes chain abstraction, designed to eliminate the need for bridges in user deposits, indicating a significant focus on enhancing transaction efficiency.

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