Wallet in Telegram offers 50x perpetuals on crypto and stocks

Wallet in Telegram has introduced in-app perpetual futures with leverage up to 50x across metals, stocks, oil and major cryptocurrencies, according to an announcement from the wallet_tg account on X. The trading feature runs inside the wallet’s encrypted mini-app and initially covers more than 50 markets.

The rollout expands the wallet’s functions from transfers and swaps to a derivatives venue embedded in chat. Users can open and manage positions without leaving the messaging interface.

Perpetual contracts in Wallet in Telegram are powered by Lighter, a derivatives platform that combines off-chain order execution with on-chain settlement on Ethereum. Lighter describes its setup as using non-custodial smart contracts and zero-knowledge-based verification, with collateral and liquidations verifiable on-chain.

Lighter has extended its markets from crypto to stock-linked and commodity contracts, including 24/5 equity perpetuals. Integrating its stack with Wallet in Telegram brings multi-asset derivatives into an existing messaging and custody experience.

Perpetual futures are contracts without an expiry date that provide continuous exposure to price moves. Retail risk controls often rely on monitoring funding rates, liquidation thresholds and position sizing, as high leverage can amplify small price changes.

Earlier updates to Wallet in Telegram added multi-asset trading and yield products.

In the United States, regulators including the Commodity Futures Trading Commission have been reassessing oversight of crypto perpetuals, with leveraged products appearing in apps and wallets in addition to specialist exchanges. Reviews focus on market integrity, investor protection and how on-chain settlement interacts with existing rules.

High leverage can lead to rapid liquidations during price swings, and funding costs can affect returns, especially when positions remain open for long periods.