Lighter CEO says fixed income could be DeFi’s next growth opportunity

Vlad Novakovski, CEO of Lighter, said at Korea Blockchain Week that fixed income markets, including bonds and interest rates, could become DeFi’s next growth opportunity. Lighter has already launched a related product, introducing its US10Y perpetual futures in August to track the 10-year U.S. Treasury, with up to 20x leverage. The product allows users to take positions on U.S. interest rates and Treasury prices on a DeFi platform without a brokerage account.