Lighter exchange has launched the first perpetual futures contracts for South Korean blue-chip stocks, including Samsung Electronics, SK Hynix, and Hyundai. Announced on January 15, 2025, this move bridges traditional equity markets with the on-chain derivatives ecosystem, offering up to 10x leverage on these assets. This development allows traders to speculate on the future prices of these stocks without needing traditional brokerage accounts. The introduction of these perpetual futures marks a significant expansion of decentralized finance (DeFi) into traditional finance. By tokenizing exposure to real-world assets, Lighter is attracting capital from traditional finance sectors. The platform's perpetual futures allow for 24/7 trading, providing global traders with continuous access to South Korean equity markets, which could lead to new price discovery mechanisms and hedging opportunities. Lighter's move reflects a broader trend of DeFi protocols expanding beyond native crypto assets. The success of these futures could prompt other DeFi exchanges to explore similar offerings for other major equity indices. However, challenges such as regulatory ambiguity and the reliability of oracle systems during market volatility remain.