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The headline in crypto today is Lighter’s LIT token finally going live, marking a key moment in the ongoing battle for perps market share. In today’s coverage, we break down one of the most overlooked beneficiaries of perps growth (Pendle via Boros), and take a closer look at the evolving dynamics within the Solana liquid-staking landscape.

Indices

Markets kicked off the final week of the year on a softer note. Bitcoin (-0.81%) underperformed its US equity benchmarks, with the Nasdaq (-0.59%) and S&P 500 (-0.39%) posting modest pullbacks after tech stocks drove the S&P 500 to all-time…

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