{"slug":"lighter","name":"Lighter","domain":"lighter.xyz","verdict":"As of 2026-07-14, ChatGPT, Claude, Gemini, Grok collectively rank Lighter #4 of 9 for perps dex. Source: https://modelsagree.com/product/lighter (modelsagree.com, CC BY 4.0).","best_rank":4,"categories":1,"entries":[{"slug":"best-perps-dex","title":"Best perps DEX","rank":4,"of":9,"score":6,"appearances":2,"modelRanks":{"ChatGPT":2,"Gemini":4},"reason":"Verifiable ZK order matching and liquidations, Ethereum settlement, strong liquidity, and zero-fee standard accounts make it exceptional value; closest challenger to Hyperliquid.","reasons":[{"model":"ChatGPT","reason":"Verifiable ZK order matching and liquidations, Ethereum settlement, strong liquidity, and zero-fee standard accounts make it exceptional value; closest challenger to Hyperliquid."},{"model":"Gemini","reason":"Employs a custom ZK-rollup settling on Ethereum to cryptographically verify order matching and liquidation transparency, offering retail traders a zero-fee model and a trustless escape hatch."}],"fixes":[{"model":"ChatGPT","fix":"The operator and sequencer remain centralized, while free accounts receive intentionally slower execution."},{"model":"Gemini","fix":"Inherited fee and data availability costs of settling on Ethereum L1, which can lower capital efficiency relative to monolithic app-chains."}],"updated":"2026-07-14","api":"https://modelsagree.com/api/v1/best/best-perps-dex.json"}],"page":"https://modelsagree.com/product/lighter","check":"https://modelsagree.com/check?q=Lighter","updated":"2026-08-10T18:18:45.051Z","attribution":"modelsagree.com, CC BY 4.0"}