Telegram Wallet Integrates Lighter for Perpetual Futures Trading

Wallet in Telegram has launched perpetual futures trading in collaboration with Lighter, a decentralized exchange, enabling users to trade leveraged positions on a range of assets directly within the messaging app. The feature, available through the integrated custodial solution Crypto Wallet, allows users to open long and short positions with up to 50x leverage across more than 50 assets, including Bitcoin (BTC) and Toncoin (TON), as well as tokenized commodities and stocks. The integration marks a significant step in bringing leveraged derivatives to a broader audience, leveraging Telegram’s large user base. Perpetual futures, or 'perps,' are derivative contracts that allow traders to speculate on price movements without owning the underlying asset. The launch follows a trend of expanding perpetual futures trading into mainstream app environments, even as the products remain complex and high-risk. Lighter’s CEO, Vladimir Novakovski, highlighted the near-instant trading capabilities enabled by the integration. The move builds on Wallet in Telegram’s previous expansion into tokenized stocks through its partnership with Kraken in October 2025. The integration of perpetual futures into Telegram aligns with the growing popularity of perps, which saw almost tripled volume in 2025 and accounted for up to 90% of derivatives volumes on major crypto exchanges that year, according to CryptoQuant.