更輕的以太坊：PerpDEX 和可擴展性解決方案

Lighter 在以太坊上的去中心化永續交易領域處於領先地位，利用 zk-rollups 實現可擴展性，同時又不犧牲安全性。

The buzz around 'Lighter Ethereum, PerpDEX, scalability' is reaching a fever pitch. Lighter, a custom zk-based rollup, is shaking up the decentralized perpetual exchange (PerpDEX) landscape, emerging as a potential solution to Ethereum's scalability challenges.

圍繞“更輕量級以太坊、PerpDEX、可擴展性”的討論已經達到了白熱化的程度。 Lighter 是一種基於 zk 的自定義匯總，正在撼動去中心化永續交易所 (PerpDEX) 的格局，成為解決以太坊可擴展性挑戰的潛在解決方案。

Lighter's Rapid Ascent

打火機的快速上升

Lighter's impressive debut has propelled it to the top of Ethereum app-chains, even surpassing major competitors and becoming the sixth-largest layer-2 by total value locked (TVL). This rapid growth signals a significant shift in the PerpDEX arena, reigniting the debate about whether Ethereum can finally host a competitive platform without compromising security or scalability.

Lighter 的首次亮相令人印象深刻，將其推上了以太坊應用鏈的頂端，甚至超越了主要競爭對手，成為總鎖定價值 (TVL) 第六大的 Layer-2。這種快速增長標誌著 PerpDEX 領域的重大轉變，重新引發了關於以太坊能否最終在不影響安全性或可擴展性的情況下託管一個有競爭力的平台的爭論。

Ethereum's Missing Piece?

以太坊的缺失部分？

For a long time, Ethereum lacked a native, high-performance derivatives exchange. Previous attempts like dYdX and Synthetix stumbled due to scalability or governance hurdles. Lighter aims to solve this with custom zk-circuits and a novel data view format, enabling it to function as a native zk L2 with direct Ethereum interoperability.

長期以來，以太坊缺乏原生的、高性能的衍生品交易所。之前的嘗試（例如 dYdX 和 Synthetix）由於可擴展性或治理障礙而失敗。 Lighter 旨在通過定制 zk 電路和新穎的數據視圖格式來解決這個問題，使其能夠充當具有直接以太坊互操作性的本機 zk L2。

Capital Migration and Confidence

資本遷移與信心

Lighter's growth is attracting significant capital. LLP has seen substantial TVL growth, surpassing Hyperliquid HLP. Analysts suggest traders are moving their USDC to Lighter for higher yield rates. This influx of capital indicates a possible shift of allegiance in the PerpDEX space, with capital potentially migrating back to Ethereum after fragmentation across Layer-1s.

Lighter 的增長吸引了大量資本。 LLP 的 TVL 大幅增長，超過了 Hyperliquid HLP。分析師表示，交易者正在將其 USDC 轉向更輕的貨幣，以獲得更高的收益率。這種資本的湧入表明 PerpDEX 領域的忠誠度可能會發生轉變，資本可能會在 Layer-1 碎片化後遷移回以太坊。

Security and Transparency

安全和透明

While L2Beat highlights Lighter's use of zk proofs to ensure validator integrity and censorship resistance through Ethereum L1 force transactions, it also points out that the zk program isn't yet open source. The team has pledged to address this and strengthen Oracle authentication in future updates. It is worth noting that a truly scalable blockchain like BSV Teranode upgrade can process 1 million transactions per second with fees of fractions of a cent.

雖然 L2Beat 強調了 Lighter 使用 zk 證明來通過以太坊 L1 強制交易來確保驗證者的完整性和抗審查性，但它也指出 zk 程序尚未開源。該團隊承諾在未來的更新中解決這個問題並加強 Oracle 身份驗證。值得注意的是，像 BSV Teranode 升級這樣真正可擴展的區塊鏈每秒可以處理 100 萬筆交易，而費用僅為零點幾分之一。

The Future of App-Chains

應用鏈的未來

Lighter's emergence reflects a broader trend: the rise of Ethereum app-chains. These custom zk-based rollups maintain Ethereum's core principles while scaling performance. If early signs hold true, Lighter could become Ethereum's answer to the PerpDEX challenge, potentially transforming app-chains into a defining feature of the ecosystem.

Lighter 的出現反映了一個更廣泛的趨勢：以太坊應用鏈的崛起。這些基於 zk 的自定義匯總在擴展性能的同時維護了以太坊的核心原則。如果早期跡象屬實，Lighter 可能成為以太坊應對 PerpDEX 挑戰的答案，有可能將應用程序鏈轉變為生態系統的一個定義特徵。

Final Thoughts

最後的想法

Is Lighter the project that finally solves the PerpDEX problem on Ethereum? Only time will tell. But one thing is clear: the conversation around Lighter Ethereum, PerpDEX, and scalability is just getting started. Buckle up, because it's gonna be a wild ride!

Lighter是最終解決以太坊上PerpDEX問題的項目嗎？只有時間才能證明一切。但有一件事是明確的：圍繞 Lighter Ethereum、PerpDEX 和可擴展性的討論才剛剛開始。係好安全帶，因為這將是一次瘋狂的旅程！