According to Onchain Lens, a whale deposited $4.35 million USDC to HyperLiquid and opened a 1x LIT short now showing around a $200,000 floating loss, source: Onchain Lens on X https://twitter.com/OnchainLens/status/2005946992133042549 and CoinMarketMan HyperTracker https://app.coinmarketman.com/hypertracker/wallet/0x5405450caE1B86581f017d1c35AD954D8703F802. According to Onchain Lens, the same wallet holds shorts on Lighter_xyz in XMR 10x, ASTER 5x, MEET 5x, HYPE 3x, USELESS 3x, and STBL 3x with roughly $1.6 million floating profit, source: Onchain Lens on X https://twitter.com/OnchainLens/status/2005946992133042549 and CoinMarketMan HyperTracker https://app.coinmarketman.com/hypertracker/wallet/0x5405450caE1B86581f017d1c35AD954D8703F802.

According to @MilkRoadDaily, Crypto Twitter discussion has surged around Lighter_xyz, with the post describing it as having gone from an unknown DEX to one of the fastest-growing trading platforms in the space, source: @MilkRoadDaily on X dated Oct 4, 2025. The post teases a detailed thread but does not provide quantitative metrics such as trading volume, unique traders, TVL, or market share at the time of posting, source: @MilkRoadDaily on X dated Oct 4, 2025. Traders tracking DEX activity should monitor the original thread for any disclosed figures or incentive details that could inform liquidity and execution decisions once published, source: @MilkRoadDaily on X dated Oct 4, 2025.