Lighter counts 70% of weETH’s index value toward trading margin and caps platform-wide collateral supply at 1,000 weETH.

The Up/Down contracts pay winning shares 1 USDC and require full funding, with no leverage or liquidations.

Robinhood's in-app perpetual futures will be offered by its own futures commission merchant through Bitstamp. LIT is down 22% over seven days.

LIT rose 13% to $4.21 and has doubled in 30 days as traders position for a U.S. perpetuals opening that Lighter has not applied for. Robinhood order flow now supplies 17% of the exchange's daily volume, against 12% on a 30-day basis, while perp DEX volume across the sector fell 30% over seven days.

The perpetuals exchange now accepts Robinhood's tokenized equities as margin, expanding beyond the USDG stablecoin and delivering on a plan to broaden collateral in the third quarter.

The perpetuals exchange will start burning the LIT it buys with revenue and tap its token reserve to keep staking yields flowing.

The agreement spans spot and perpetual trading, settlement, liquidations, and onboarding flows on the decentralized exchange.

Traders can post non-USDC assets as collateral for perps through Unified Trading Accounts, with conservative supply caps at launch.

The partnership brings leveraged derivatives to one of crypto's largest consumer distribution channels, targeting emerging-market users priced out of traditional brokerages.

LIT surged 13% following a week of product updates.