Published Sep 30, 2026, 1:22 AM ET · Updated a month ago · 1 source
Lighter faces repricing as Robinhood order-flow hopes fade
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Original Report
Robinhood will likely split its perpetuals strategy between Bitstamp for its app and Lighter for wallets and non-US users, so the expected massive order flow to Lighter won't materialize, pressuring its valuation versus Hyperliquid.