There's quite an interesting situation going on at Lighter at the moment. There is a guy that is long $24m of ARC, and he continues to add $360k every hour on TWAP. There are some similarities to the Jelly Jelly incident on Hyperliquid last year, and we saw a 10% drop in LIT because people thought a similar situation was in the making. However, since Lighter's LLP won't absorb his position, it will eventually get ADL'ed. On the other hand you have the shorters who are paid 5% daily APR (was 10% earlier today) to keep the prices down. At the moment he is up $5m. I wonder what his endgame is though.(Route 2 FI)