In the grand arena of decentralized derivatives, Lighter found itself the stage for a most dramatic spectacle. A whale, no doubt convinced of its own infallibility, attempted to squeeze ARC longs with all the subtlety of a sledgehammer. The affair, as one might expect, unfolded with the elegance of a public X thread, where the team proclaimed it the inaugural test of their LLP strategies. Open interest, that fickle muse, swelled to $50 million USDC as traders flocked to both sides of the market, like moths to a particularly lucrative flame.