Lighter supports weETH as perpetual contract margin, with a platform-wide cap of 1000 tokens
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AT A GLANCE
Lighter allows the use of weETH as perpetual contract margin, but the total platform cap is 1000 tokens.
Article
Lighter supports weETH As perpetual contract margin, the platform-wide cap is 1000 tokens
PANews October 24 a decentralized perpetual contract trading platform,Lighter posted on X that users can now use ether.fi's liquid staking token weETH as margin to trade perpetual contracts. According to Lighter the documentation,weETH the loan-to-value ratio (LTV) is 70%, meaning that 70%of the index price is counted toward account margin, with a liquidation threshold of 85%; the per-user supply cap is 800 tokens, and the platform-wide supply cap is 1000 tokens. Previously,Lighter had already supported ETH、XAUT as multi-asset margin.
Lighter said that users can now use ether.fi's liquid staking token weETH as perpetual contract margin.
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weETH the loan-to-value ratio (LTV) is 70%, with 70%of the index price counted toward account margin.
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weETH The liquidation threshold is 85%。
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The per-user supply cap is 800 tokens, and the platform-wide supply cap is 1000 tokens.
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Previously,Lighter had already supported ETH、XAUT as multi-asset margin.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Users can deposit weETH into Lighter and use it to support perpetual contract trading. The platform calculates its margin value at 70%of the index price and sets individual and platform-wide allocation caps.
Why it matters to readers
This is weETH's newly added margin use case, but the platform-wide cap of 1000 tokens limits the scale.
New users should note that the margin value is counted at 70%, and reaching the liquidation threshold may result in the position being liquidated.
Risks and unknowns
The evidence does not provide Lighter a link to the official X post or official documentation; the relevant parameters still require further verification.
The evidence does not explain 1000 the actual utilization of the platform-wide cap of tokens.
The evidence does not explain Lighter whether weETH will adjust its LTV loan-to-value ratio, liquidation threshold, or supply cap.
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Related concepts
Perpetual Contract
A derivative contract with no expiration date, designed for continuous holding, whose funding rate mechanism helps keep its price close to that of the underlying asset.
