Wallet in Telegram, a third-party wallet built directly into the messaging app, has launched perpetual futures trading through a new integration with Lighter, a decentralized perpetuals exchange. The feature became available on Thursday through an integrated custodial solution called Crypto Wallet. The rollout brings leveraged derivatives trading to one of the largest consumer-facing distribution channels in the crypto industry.
Users can open long and short positions with leverage of up to 50 times across more than 50 assets. Supported instruments include crypto assets such as Bitcoin and Toncoin, as well as tokenized commodities and stocks. The breadth of available assets reflects a broader push to make sophisticated trading tools accessible within everyday app environments.
Andrew Rogozov, CEO of The Open Platform, which develops protocols and applications on The Open Network, acknowledged the complexity of the product category. He noted that perpetual trading has traditionally been considered intimidating for retail users. The integration is positioned as a step toward lowering that barrier within a familiar messaging interface.
Lighter founder and CEO Vladimir Novakovski said the partnership enables near-instant perpetual trading from within the app. Perpetual futures, commonly referred to as perps, are derivatives contracts that allow traders to speculate on price movements without holding the underlying asset. The products are widely used in crypto markets but carry significant complexity and risk.
The launch arrives during a period of substantial growth in the perpetual futures sector. According to CryptoQuant, perps accounted for up to 90% of derivatives volumes on major crypto exchanges in 2025, with overall volume nearly tripling over the course of the year. This expansion has coincided with perps migrating from specialist trading platforms into more mainstream app environments.
This is not the first time perpetual futures have been made available through Telegram. In October 2025, Blum, a hybrid crypto exchange built as a Telegram Mini App, launched a similar feature allowing traders to go long or short on 20 assets with leverage of up to 100 times. Wallet in Telegram itself has also been expanding its product range, having rolled out access to tokenized stocks through an xStocks partnership with US crypto exchange Kraken in October 2025.
The Lighter integration represents a continuation of that expansion strategy, extending the wallet’s capabilities further into derivatives markets. As perpetual futures become more embedded in consumer-facing platforms, questions around user risk management and product suitability remain relevant considerations for the sector.
Originally reported by CoinTelegraph.
