Lighter

The **Commodities Challenge** trading competition continues with updated leaderboard standings. **Competition Details:** - Prize pool: **100,000 LIT tokens** - Duration: 2 weeks (started March 19, 2026) - Eligible commodities: WTI, XAU, XAG, XCU, XPT, and XPD - Scoring formula: PnL × (Volume) **Current Status:** - Top 3 trader positions have been announced - Competition remains open for all participants - Rewards distributed among top 100 traders Traders can continue climbing the leaderboard by optimizing their profit and loss while maintaining trading volume across the six supported commodity markets.

A new real-world asset (RWA) perpetual futures contract for natural gas ($NATGAS) is now available for trading with up to 10x leverage. **Recent RWA Listings:** - $NATGAS - 10x leverage (latest) - $BRENTOIL - 10x leverage - $STRC - 5x leverage with $10MM open interest cap This expansion continues the trend of bringing traditional commodity markets onto decentralized trading platforms, allowing traders to gain leveraged exposure to energy markets through tokenized perpetual contracts.

Lighter has updated its Real World Asset (RWA) trading parameters to improve market performance during traditional market closures. **Key Changes:** - Modified the parameter controlling the transition from external to internal pricing when traditional markets close - Aims to reduce funding rate volatility - Enhances price discovery mechanisms Lighter's RWA markets operate 24/7, providing continuous trading access even when traditional markets are offline.