// QUADLUX dossier // access: public

QUADLUX

Subject: Lighter markets
Classification
Role
Independent terminal
Venues
Ethereum L2 · Robinhood Chain
Markets
—
Status
Online 24/7
ID
QUADLUX-01
Token
$QUADLUX
Status
Not launched
Access
Public · read-only
Subject brief

One market in. Four readings out. QUADLUX reads every market on Lighter, the zero-knowledge perpetuals exchange on Ethereum, and splits each one into the four numbers that decide whether a position survives: depth, funding, liquidation distance and the rules.

The $QUADLUX contract posts here and on X first. Any other address is fake.

Live parameters · BTC

Bar = rank against all Lighter perpetuals right now.

Signal · BTC tape
Depth ±1%
—
Funding / yr
—
Liq. at 10×
—
Rules
—
BTC price · last 90s—
Profile

Calm. Exact. Shows its sources. Reads every figure straight from Lighter in your browser, never touches keys or funds, and labels anything that is an estimate.

Known limits
  • ⚠Lighter runs a single sequencer. It orders transactions and can go down.
  • ⚠Stocks, FX and commodities are priced by oracles: Pyth, RedStone, Chainlink.
  • ⚠Pre-IPO markets use Lighter's internal pricing with no price cap.
  • ⚠Read-only today. Orders open in Lighter's own app until in-terminal trading ships.
Telemetry 24h volume — Open interest — Trades 24h — Lighter block —

Fifty seconds.
Seven instruments.

Recorded from the real terminal, with real Lighter data streaming in. Tap a chapter to jump.

Tour · QUADLUX terminal
// The four readings

One market. Four numbers that decide it.

Target
01 · DepthReading…

How much can you trade before the price moves on you?

A thin book charges you twice, on the way in and on the way out. This is the money resting within one percent of the price, live.

Bids within 1%—
Asks within 1%—
Mid —Spread —Open interest —
02 · FundingReading…

What does holding it cost you every hour?

—

Next Lighter payment in —Annualised. Others normalised from 8-hour rates.
03 · LiquidationReading…

How far can the market move before you are out?

Pick a side and a leverage. This is the move that closes the position, and what funding costs you per day while you wait.

Leverage10×
1×50× max
——
Liquidation price—
Funding per day on $10,000—

One isolated position, before fees and funding already paid. Lighter's risk engine has the final word.

04 · RulesReading…

What has Lighter already decided about this market?

Leverage caps, margin mode and the price source are set by Lighter per market. These are the ones that apply right now.

    Eight instruments.
    One source of truth.

    The four readings run through every screen of the terminal. Each tile below is live, pulled from Lighter a moment ago. Open any of them.

    The whole terminal.
    In your pocket.

    Same live book, same four readings, built for one thumb. QUADLUX runs in any mobile browser, so there is nothing to install and nothing to update.

    • Liquidation price before you tap.The ticket shows where a position closes while you are still choosing size.
    • The book, not a summary.Bids and asks stream straight from Lighter, level by level.
    • Both venues, one switch.Lighter on Ethereum and Lighter on Robinhood Chain.
    Open on this device
    --:--19
    ETH ⌄☆
    ——
    Mark price—
    Volume
    —
    Open interest
    —
    24h high
    —
    24h low
    —
    15m1h4h1d
    VolumeMACDRSI
    TradesFunding
    Funding, 1h—
    Trade ETH⚡
    --:--LTE53
    ETH ⌄★
    ——
    Index price—Mark price—
    Volume
    —
    Open interest
    —
    24h high
    —
    24h low
    —
    1m5m15m1h4h1d
    Order BookTradesFunding
    Positions 0Assets 0Open orders 0
    Trade ETH⚡
    ⌂Home▥Trade◎Portfolio

    What code enforces.
    What still needs trust.

    QUADLUX is an interface, not an exchange. Orders match on Lighter and settle against Ethereum. Here is exactly where each guarantee comes from, including the parts that are not guaranteed.

    Enforced by Lighter's code

    • Orders match by price, then time, and every match is proven with a zero-knowledge proof that Ethereum checks.
    • Deposits sit in Lighter's Ethereum contracts, not with an operator.
    • If the sequencer stops honouring withdrawals, the contract freezes and anyone can exit on Ethereum using posted state data.

    What QUADLUX does

    • Reads Lighter's public API and WebSocket directly from your browser. No QUADLUX server sits in between.
    • Never holds funds, keys or balances. When trading opens here, every order is signed in your own wallet.
    • Shows its sources. Every figure maps to a Lighter endpoint you can open yourself.

    Still requires trust

    • Lighter runs one sequencer. It decides arrival order and it can go down.
    • Stock, FX and commodity prices come from oracles: Pyth, RedStone, Chainlink.
    • Pre-IPO markets are priced by Lighter's internal mechanism with no price cap.
    • QUADLUX's own interface code, which is plain JavaScript you can read.

    Read. Trade. Watch.
    In that order.

    QUADLUX ships in three steps. The first is live today. The token comes with the second, because that is when there is real revenue to back it.

    Live
    Read

    Eight instruments, four readings, both Lighter venues: Ethereum and Robinhood Chain.

    Next
    Trade

    Connect a wallet and send orders to Lighter from QUADLUX. Orders are tagged through Lighter's Partner Attribution program. Any QUADLUX fee is shown before you sign.

    Later
    Watch

    Alerts when a funding gap opens or one of your positions drifts toward its liquidation price.

    $QUADLUXNot launched

    The contract goes up on this page and on X before anywhere else. Until then, any address claiming to be it is fake.

    1You approve

    Your wallet signs a one-time approval naming QUADLUX and its fee rate.

    2Lighter executes

    The order matches on Lighter and is proven on Ethereum like any other.

    3Fee is credited

    Lighter pays the interface fee in USDC, or USDG on Robinhood Chain.

    4Buyback, listed

    Fees buy $QUADLUX on the open market. Each transaction is posted here.