Lighter today deducted user points under the guise of targeting witch accounts, but these points were all earned by users through normal rules. What exactly is the loophole, or is there another hidden reason? To put it simply, they probably just don't want to fulfill their promises.

The problem is that rules can be interpreted arbitrarily, and the point deduction interface can be activated at any time. Today, Lighter uses this logic; tomorrow, other platforms B, C, D might copy it. As long as they find a reason, anyone can freeze your points.

As a result, the entire Perp DEX sector's landscape is affected. Acquiring new users is already difficult, and now even the trust foundation is shaken—because you never know if the other party will turn hostile. This uncertainty is spreading.

The healthy development of the Perp DEX ecosystem ultimately depends on platforms making the rules transparent and allowing users to participate with confidence.