2025-12-29 14:20:58

Under market pressure, Perp DEX and prediction markets remain focal points in the industry. Lighter, with its product design, demonstrates differentiated competitiveness in the perpetual contract track, and it is worth monitoring its subsequent performance. In comparison, although prediction markets remain popular, they also face practical difficulties—not only involving ethical issues but also the constant risk of price manipulation. Polymarket and Opinion Labs, as representative projects in this field, reflect how prediction markets are seeking a balance between risk and opportunity. Overall, these two tracks continue to be key areas worth observing within the DeFi ecosystem.

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RetailTherapist

· 5h ago

Lighter's design is indeed interesting, but it seems like there's a new "differentiation" every month in perpetual contracts... The prediction market side is even more outrageous, with price manipulation openly displayed. Polymarket has been targeted but is still operating—who dares to touch it?

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FomoAnxiety

· 7h ago

Lighter's recent differentiation efforts are indeed impressive, but can perpetual contracts really break through in such a severe competition? Market manipulation in prediction markets is essentially a form of gambling; no matter how popular Polymarket becomes, it can't escape this original sin. With the market so bad, why are people still paying attention to this sector? I just want to know how many people can hold on. Honestly, the risk of manipulation should have been regulated long ago. Perp DEX keeps talking about differentiation every day, but when the bear market hits, they all look the same.

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CoffeeNFTs

· 7h ago

Hmm, the Lighter project does have some potential, but the manipulation risk in the prediction market is really hard to handle.

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CryptoTarotReader

· 7h ago

Lighter this wave definitely has some substance, but the perpetual path has been rotten for a long time. That bunch of prediction markets, to be honest, is just gambling in disguise. Price manipulation is something that can never be avoided.

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CrossChainBreather

· 7h ago

Lighter's recent move is okay, but the Perp track is so competitive, can it really survive? Those issues with prediction markets have been known for a long time... manipulation risks are unavoidable for everyone. Polymarket is popular, but I’m still a bit hesitant. Both perpetual and prediction markets seem like acts of stubbornness... it depends on who can break the deadlock later. With so many Perp DEX competitors, only a few can really stand out. That prediction market model... to be honest, it's a bit magical. The unavoidable problems are still being circled around.

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ProposalManiac

· 7h ago

Perpetual contracts, mechanism design is the key. Lighter's differentiated competitiveness depends on whether it's the product itself or the fundraising story. As for the moral issues in prediction markets, frankly, it's about poorly designed incentive compatibility. The lessons from history are not absent; projects like Polymarket are playing with fire.

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NotSatoshi