Wallet in Telegram now offers 50x perpetual futures on metals, stocks, oil, and crypto via Lighter’s hybrid stack, collapsing messaging, custody, and high-risk derivatives into one mini-app.
Summary
- Wallet in Telegram has launched perpetual contract trading with up to 50x leverage, using infrastructure from Lighter.
- The encrypted mini-app now offers more than 50 markets spanning metals, stocks, oil, and cryptocurrencies directly inside Telegram.
- The move deepens Telegram’s push into multi-asset derivatives as perpetual futures gain traction across exchanges and wallets.
Telegram’s embedded crypto service Wallet in Telegram has introduced perpetual contract trading inside the messaging app’s encrypted interface, according to an announcement from the official wallet_tg account on X. The feature, built with technical support from Lighter, lets users trade contracts on more than 50 underlying markets, including metals, stocks, oil, and major cryptocurrencies, with maximum leverage of up to 50x.
The wallet team said the new perpetual contracts extend Wallet in Telegram from simple transfers and swaps into a full derivatives venue integrated with chat. Earlier upgrades already added multi-asset trading and yield products, with one crypto.news story detailing how the wallet brought multi-asset trading and yield support to Telegram as it moved toward a Web3 “super app” model.
Perpetuals inside the Telegram wallet are powered by Lighter, a derivatives exchange that combines off-chain order execution with on-chain settlement on Ethereum. Lighter describes its platform as a perpetual futures venue with non-custodial smart contracts and zk-based verification, and a recent crypto.news story noted its expansion into 24/5 equity perpetuals as part of a broader derivatives push.
That hybrid approach is designed to give traders centralized-exchange style speed while keeping collateral and liquidations verifiable on-chain. As perps on Lighter have broadened from crypto into stock-linked contracts and commodities, plugging the stack into Wallet in Telegram effectively drops that multi-asset derivatives engine into an existing chat and wallet experience.
Perpetual futures have become one of crypto’s dominant derivatives, with major platforms and wallets competing on fee tiers, supported markets, and headline leverage. A crypto.news opinion story argued that perps now anchor crypto market structure by concentrating liquidity and price discovery in contracts without expiry, while another story on crypto futures trading stressed that funding rates, liquidation thresholds, and position sizing make risk management critical for retail users. A separate crypto.news story on U.S. oversight of crypto perpetuals highlighted how regulators, including the CFTC, are reassessing frameworks as leveraged products spread beyond specialist exchanges into interfaces like Wallet in Telegram.
By embedding up to 50x perpetuals inside Wallet in Telegram, the project is collapsing the distance between messaging, custody, and high-risk derivatives for a vast audience, increasing both the appeal of one-tap trading and the potential for misuse if users underestimate the risks of highly leveraged positions.