Wallet in Telegram, a crypto asset management tool built into the Telegram messaging platform, has partnered with decentralized exchange Lighter to offer perpetual futures to its more than 150 million users, the team announced on Thursday.
Integrated directly into crypto wallets, users can now open leveraged long and short positions in over 50 cryptocurrencies and real-world assets, including Bitcoin, Ethereum, Toncoin, oil, gold, stocks, ETFs, and more, with up to 50x leverage.
Individual users have long faced barriers to permanent trading due to complex interfaces and the need to transfer funds to specialized exchanges. According to Andrew Rogozov, founder and CEO of Wallet on The Open Platform (TOP) and Telegram, integrating Lighter into Wallet simplifies this process.
“By integrating Writer directly into wallets, we are making the highly leveraged trading that millions of users already communicate and hold their cryptocurrencies simple and accessible. This combination of performance and accessibility creates a fast, secure, and convenient trading experience,” Rogozov explained.
Perpetual futures allow traders to gain exposure to both rising and falling markets. According to Lighter CEO Vlad Novakovski, the partnership with Wallet will allow Telegram users to access perpetual futures trading as easily as sending a message.
“Telegram’s Wallet and Lighter are both built on encryption and the idea that strong systems should remain open and accessible,” Vlad said. “By integrating perpetual trading into the wallet, users will be able to go from chat to market in seconds.”
The launch follows a period of surging interest in retail, with permanent transaction volume expected to exceed $8 trillion in 2025.
Reiter completed a $68 million funding round in November 2025 at a valuation of $1.5 billion. Its architecture is designed to compete with centralized exchanges in terms of speed and cost.
