Lighter Crypto Drops Following Robinhood's Bitstamp Integration News

Lighter crypto ($LIT) fell over 14% to approximately $3.86 after Robinhood announced it would route its U.S. perpetual-futures offerings through Bitstamp. The move raised concerns among holders regarding Lighter's role in Robinhood's growth strategy. Robinhood’s U.S. crypto perpetual contracts will feature assets including BTC, ETH, SOL, XRP, DOGE, ADA, LINK, and HYPE, with varying leverage limits.