Lighter Codebase Adds Binary Options Support, Hinting at Prediction Markets

A recent commit in the Lighter prover codebase titled "Binary options support" indicates the development of ZK circuits for binary outcome contracts. The implementation features USDC-collateralized, non-leveraged contracts with settlement values between 0 and a set cap, potentially allowing for continuous market measurements beyond simple yes/no events. Reports suggest Lighter may enable whitelisted operators to manage these markets, though the project has not yet commented on the findings.