Post
taishiro
Show original
There is a bigger opportunity here than the immediate LIT price reaction. The US derivatives market represents a significant expansion opportunity, particularly as demand for onchain leveraged trading continues to grow.
However, there is an important distinction: Lighter has announced plans to submit applications, not secured CFTC approval.
The review process could take up to 280 days, so meaningful US expansion is not necessarily around the corner.
taishiro
• Designated Contract Market (DCM): Covers the operation of the derivatives trading venue.
• Derivatives Clearing Organization (DCO): Covers the clearing and settlement of derivatives trades.
If successful, these registrations could give Lighter a regulatory pathway to offer its perpetual futures products to US customers, a market that has remained difficult for offshore crypto derivatives platforms to access legally.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$73,961.4+0.01%
ETH/USDTEthereum
$2,058.06+0.02%
SOL/USDTSolana
$83.69+0.02%
Today’s market buzz
1#After the US October CPI exceeded expectations, AI stocks and crypto trends diverged
2#Goldman Sachs predicts Anthropic's revenue will exceed $600 billion by 2030
3#NebiusAI cloud business rapid growth faces earnings report test
