Lighter launches Samsung and Hyundai stock on-chain perpetual contracts, marking the first time major Korean stocks are "on-chain"

February 12 News, decentralized derivatives platform Lighter announced the launch of its first on-chain perpetual contracts linked to major Korean stocks, covering Samsung Electronics, SK Hynix, Hyundai Motor, and the Korea Composite Stock Price Index. Traders can use up to 10x leverage to go long or short without brokers, custodial accounts, or trading hours, and all contracts are settled in cryptocurrencies.

This launch is seen as an important step in integrating traditional finance with on-chain derivatives. Samsung, SK Hynix, and Hyundai Motor hold key positions in the semiconductor, artificial intelligence, and automotive supply chains, with their stock performance closely tied to the global tech and manufacturing sectors. Lighter is bringing these blue-chip stocks onto the blockchain, allowing users to participate directly in the price movements of traditional stock markets just like trading crypto perpetual contracts.

The platform uses a zero-knowledge architecture aimed at reducing trading costs and improving matching efficiency, while preventing the leakage of sensitive on-chain data during execution. As long as margin requirements are met, contracts can be held long-term. This mechanism is highly consistent with the operation of crypto derivatives, but the underlying assets come from the real world.

On the market front, interest in Korean stocks continues to rise. AI-driven demand for storage chips has benefited SK Hynix and Samsung significantly; meanwhile, a rebound in global auto sales provides support for Hyundai Motor’s performance. Some leveraged products focused on semiconductors have achieved returns of 70% to 80% in recent months, indicating strong investor interest in these assets.

At the same time, Korean regulators have approved the launch of 2x leveraged ETFs linked to domestic leading companies, scheduled for 2026, along with investor education programs. In comparison, Lighter’s on-chain perpetual contracts have lower entry barriers, higher leverage, and are not constrained by traditional securities regulations, making them attractive to investors seeking flexible trading options.

As demand for hybrid financial products grows, Lighter is betting on a new model of “stocks + on-chain derivatives.” If user base and liquidity continue to expand, the on-chainization of traditional assets may enter a new development phase.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

PEPE Price Holds Support as Bearish Bets Build Pressure

Key Insights: PEPE price stabilizes near strong support despite sustained negative funding rates, highlighting a clear divergence between trader sentiment and actual market behavior. Declining open interest and reduced liquidation activity indicate leverage reset, suggesting the market has c

CryptoNewsLand5h ago

Cardano Price Holds Gains as Bullish Signals Strengthen

Key Insights Cardano trades above $0.25 as steady recovery continues, supported by improving sentiment and growing engagement across crypto discussions among market participants globally. Derivatives data show rising long positions and positive funding rates, indicating traders

CryptoNewsLand6h ago

Pepe Price Holds Steady as ETF Filing Lifts Market Attention

Canary Capital’s ETF filing enhances Pepe Coin's institutional appeal, although trader participation declines, impacting derivatives activity. Price movements hinge on key levels of support and resistance as the market faces mixed sentiment.

CryptoNewsLand6h ago

In the past hour, total liquidations across the entire network reached $43.04 million, with BTC liquidations of $21.52 million

Gate News news, on April 10, Coinglass data shows that over the past 1 hour, the total liquidation amount across the entire network reached $43.04 million. Of this, short positions were liquidated for $38.65 million, and long positions were liquidated for $4.38 million. By coin, the liquidation amount for BTC reached $21.52 million, and for ETH it reached $10.83 million.

GateNews8h ago

CME Group’s crypto derivatives will begin “24/7 trading” at the end of May, while also launching two crypto futures contracts.

CME Group will begin offering 24/7 trading for cryptocurrency futures starting May 29, and will also add AVAX and SUI futures, showing that traditional finance is quickly moving toward the crypto market. This move not only meets market demand for round-the-clock trading, but also serves as a test of whether traditional financial assets can operate 24/7 in the future. The new futures contracts will provide more flexible options and capital efficiency, further expanding CME Group’s crypto product lineup.

CryptoCity8h ago

Bitcoin breaks through $75k, and the cumulative short-liquidation intensity of major CEXes will reach $75k

April 10, according to reports: If Bitcoin breaks above $75k, the liquidation strength of short positions on major CEXs will reach $75k; if it falls below $71k, the liquidation strength of long positions will reach $1.25B. The liquidation chart shows liquidation strength, not the exact contract values.

GateNews8h ago
Comment
0/400
No comments