Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Lighter project OI fears a 20% drop; $2 billion FDV still attractive
【币界】Lighter最近的代币波动算是基本消化了，但后续可能会面临不少压力。有分析认为，未平仓量（OI）最多会跌去20%以上，交易量也有可能下滑30%以上。
坦白说，现在这个行情环境确实不太乐观。不是什么牛市节奏，反而是那种横盘偏弱的局面，看起来有点难受。
不过从估值角度看，事情可能没那么绝望。如果Lighter的完全稀释估值（FDV）能稳在20亿美元左右，这个价格就还值得关注。毕竟在当下这个市场环境里，能找到这样有潜力的项目机会也不多。
Wait, is anyone still willing to buy in at this point... The sideways trading is so weak it keeps people awake at night.
A 2 billion valuation isn't expensive, but it depends on whether there is real application support behind it.
Honestly, compared to those air projects worth hundreds of billions, the price level of Lighter is indeed worth paying attention to.
Why does it always feel like there are no real opportunities in the market right now? Everyone is just betting on the next bull run.
Is a 30% plunge in trading volume a buying opportunity? Or is it completely over? No one can say for sure.
OI is declining... does this signal mean the main players are fleeing?
Making quick money through profit isn't possible anymore, but this price could be a good entry point.
Speaking of which, the most annoying thing about sideways trading is this kind of situation—no direction, no opportunity.
If there are still people paying attention to Lighter now, it clearly shows some optimism. I just want to wait and see.
A 2 billion valuation isn't much different from the funding price, right? Early investors should still be making a profit.
Those who bought at the recent high during this downturn might be a bit unfortunate.
But on the other hand, if the market environment continues like this, a 30% drop in OI wouldn't be surprising.
Now, is it better to buy and wait for a rebound or to accept the loss? That's the real question.
A 50% reduction in OI is nothing, anyway it hasn't truly broken the valuation bottom line.
Honestly, the market is like this now. Projects with bottomed valuations are actually worth watching. Don't be fooled by short-term fluctuations.