Lighter’s rapid growth this year has surprised many in the crypto world. CEO Vladimir Novak Koski has made bold moves that are reshaping the decentralized exchange landscape.
After Lighter’s mainnet launched in October 2025, its trading volume began to surge rapidly. Adoption of its zero knowledge based perpetuals platform soared. Within months, Lighter overtook industry leader Hyperliquid in both trading volume and overall revenue.
The platform’s rise can be traced to its focus on privacy, speed and low transaction costs. Traders are increasingly seeking exchanges that combine technological innovation with reliable performance.
As competitors struggled to match Lighter’s pace, the company closed a significant $68 million funding round. New capital unlocked further development, according to industry sources close to Lighter’s leadership.
While many expected the firm to double down solely on perpetuals exchanges, Vladimir Novak Koski has charted a different course. Insiders report that he is directing resources toward an entirely new vertical within the field.
Speculation points to a direct entry into cloud mining services, as Lighter aims to diversify its ecosystem offerings. Driven by community demand, this upcoming feature could allow users to Start Cloud Mining within the broader Lighter platform.
Analysts believe this expansion targets a gap left by increasingly centralized mining pools. Decentralized solutions offer more transparency and give users more control over their investment.
Lighter’s team has hinted that their approach to cloud mining will prioritize accessibility and security. Early indications suggest users can expect a simplified onboarding process and transparent fee structures.
This strategy marks a broader trend in the industry, as projects try to attract users through integrated financial tools. By offering both trading and mining options, Lighter could drive community growth while boosting on-chain activity.
With competition heating up, other decentralized exchanges are watching Lighter’s leadership and product roadmap closely. The crypto sector has seen many fast risers, but sustained momentum depends on successful innovation and delivery.
Vladimir Novak Koski’s decision to move past pure perpetuals trading demonstrates a commitment to longer term value creation. Investors and traders are eager to see how the expansion unfolds in the coming quarters, with many expecting further product releases soon.
By deepening its suite of services, Lighter positions itself to capture a bigger share of the decentralized finance space. Initial feedback from beta users on the planned mining feature has been positive. Many appreciate the platform’s transparent approach and ongoing dedication to privacy and user choice.
Though the timeline has yet to be confirmed, community discussions suggest pilot testing could begin later this year. As Lighter broadens its focus, attention will remain fixed on how it integrates mining with its existing trading infrastructure.
Conclusion
Lighter’s rapid rise reveals how dynamic the world of decentralized finance has become. With trading volumes reaching new highs and bold new features on the horizon, the company is not afraid to challenge established norms.
Led by Vladimir Novak Koski, Lighter is charting a path toward deeper innovation by blending trading and mining. The next few months will be crucial for both its continued momentum and the broader evolution of decentralized exchanges.
Finlay’s interest in cryptocurrency sparked from a desire to explore new investment opportunities beyond traditional markets. With a focus on cloud mining, he has spent several years analyzing mining services, comparing contract plans, and evaluating profitability across different platforms. Finlay aims to provide clear, unbiased insights that empower readers to make informed decisions in the fast-paced world of crypto mining.
