Wallet in Telegram, the third‑party wallet embedded in the Telegram app, is rolling out support for perpetual futures trading through Lighter, a decentralized exchange focused on perpetuals. The feature went live Thursday and is available to users of Telegram’s integrated custodial solution, Crypto Wallet.
The integration lets traders open long and short positions with up to 50× leverage across more than 50 markets. Supported instruments include Bitcoin (BTC), Toncoin (TON), and a range of tokenized commodities and stocks, enabling leveraged exposure without owning the underlying assets.
Andrew Rogozov, CEO of The Open Platform (which builds Telegram‑based protocols on The Open Network), said perpetuals have long felt intimidating for retail users and that tighter integration with mainstream apps can help lower that barrier.
Lighter’s implementation puts leverage directly inside chat. Lighter founder and CEO Vladimir Novakovski said the integration enables near‑instant trading inside the app, allowing users to move “from chat to market in seconds” and make taking a position as easy as sending a message.
Perpetual futures, or perps, are derivative contracts used to speculate on price movements without taking custody of the underlying asset. They remain complex and risky, particularly when high leverage is involved.
The rollout on Telegram arrives amid a surge in retail derivatives activity. Perpetual futures volumes nearly tripled in 2025, and CryptoQuant reported that perps constituted as much as 90% of derivatives volume on some major crypto exchanges that year.
This is not the first time perpetuals have appeared inside Telegram. In October 2025, Blum — a hybrid crypto exchange built as a Telegram Mini App — launched a similar feature that initially offered long and short positions on 20 assets with up to 100× leverage. In the same month, Wallet in Telegram added access to tokenized stocks through an xStocks partnership with U.S. crypto exchange Kraken.
This article follows Cointelegraph’s editorial standards for independent, transparent journalism. Readers are encouraged to verify details independently and consult the platform’s terms, risk disclosures, and fee schedules before trading.