Telegram’s integrated custodial Crypto Wallet now offers perpetual futures through Lighter, a perpetuals DEX. Users can open long and short positions with up to 50× leverage across more than 50 assets (including BTC and TON, plus tokenized stocks and commodities) with near-instant trading inside Telegram chats. The integration follows prior Telegram-based offerings and highlights rapid retail adoption and elevated risk from leveraged perps amid a surge in perpetuals volumes in 2025.

The article reports a concrete product launch: Telegram’s custodial wallet integrated Lighter perpetuals enabling up to 50× leverage across 50+ assets (including BTC and TON) and near-instant in-chat trading. This increases retail access and likely volumes (mildly bullish), but the high leverage and noted elevated risk temper the outlook. Impact is moderate because it expands trading access—potentially affecting short-term flows—but is not a direct market-moving event like regulatory action or major liquidations.