Lighter Completes Escape Mechanism Verification on May 20, Enables Withdrawals During Sequencer Failures

LIT24.5%
ETH0.79%
According to PANews, on May 20, Lighter completed verification of its "escape mechanism" by third-party L2BEAT, making it the first L2 perpetual DEX to enable permissionless withdrawals to Ethereum even when its sequencer malfunctions. Users can withdraw their funds from Lighter's L2 directly to Ethereum without the sequencer's involvement.
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