Lighter Perpetual Platform Faces Withdrawal Disruptions Amid Layer-2 Congestion
Users of Lighter, Perpetual's decentralized trading platform, are encountering persistent withdrawal failures, with error messages citing excessive Layer-2 demand. The issue appears rooted in a lag between the platform's Prover and Sequencer systems, delaying transaction finalization. On-chain data reveals the last committed block (#137759880) was finalized nine hours prior to reporting—a concerning gap for traders.
Exchange officials have yet to address the outage publicly, fueling speculation. Social media channels show mounting frustration, with one trader noting: 'Withdrawals will pile up, transaction fails common, reversions and not a single post from team.' The silence contrasts sharply with Lighter's typical Discord engagement, suggesting operational strain.
Technical analysts speculate the bottleneck stems from overwhelmed ZK-proof generation capacity—a recurring challenge for Layer-2 scaling solutions during peak loads. Notably, no funds appear lost, but the backlog risks liquidity fragmentation across Perpetual's ecosystem.