Telegram Wallet has added perpetual contract trading directly inside its app, covering cryptocurrencies alongside metals, stocks and crude oil exposure through its linked third-party venue Lighter. The feature, confirmed by Wallet’s own help documentation updated on April 2, 2026, brings leveraged derivatives to a platform with more than 100 million signups.
What Wallet’s Own Documentation Confirms About Perpetuals
Wallet in Telegram’s official help article now includes a dedicated Perpetuals section. The page carries a last-updated date of April 2, 2026, confirming the feature is live.
Users access perpetual contracts through the Trade tab, then selecting Perpetuals. All positions use USDT as margin, with a minimum of 1 USDT required to open a position.
Wallet enforces a one-position-per-contract rule, meaning users cannot stack multiple long or short positions on the same perpetual market simultaneously. Funding rates for these contracts are determined by Lighter, the third-party platform powering the trading infrastructure.
Product Mechanics vs. Broader Assumptions
Wallet’s documentation spells out the entry path, margin currency, and position limits clearly. What it does not publish is a standalone list of every perpetual contract available inside the app, a gap that matters when evaluating the full asset range.
How Metals, Stocks and Oil Connect to Lighter’s Market Lineup
The headline’s breadth, metals, stocks, crude oil and crypto, traces back to Lighter’s published market specifications rather than a confirmed in-app roster from Wallet itself.
Lighter’s documentation shows its RWA markets trade around the clock and include commodities such as gold (XAU), silver (XAG), copper (XCU), platinum (XPT) and palladium (XPD). Crude oil benchmarks WTI and Brent are also listed, with WTI carrying an open interest cap of $25 million and gold at $100 million.
On the equities side, Lighter lists perpetual contracts for major U.S. stocks including NVDA, TSLA, GOOGL, AAPL, COIN, META, MSFT, MSTR and AMZN. These are tokenized exposure contracts, not direct stock ownership.
Confirmed Facts vs. Lighter’s Broader Catalog
Because Wallet names Lighter as its perpetuals venue and Lighter publishes these markets, the connection is reasonable. However, Wallet does not confirm that every Lighter market is surfaced to every Wallet user. The actual in-app contract roster may be narrower than Lighter’s full public catalog, similar to how protocol-level asset availability can differ from what end users see.
Wallet’s xStocks terms also note that tokenized stock access is only available in select permitted jurisdictions and may require KYC or additional compliance checks, further narrowing the effective lineup for some users.
Why This Matters for Telegram’s Trading Ambitions
Scale is the core reason this launch stands out. TechCrunch reported in March 2025 that Wallet on Telegram had surpassed 100 million signups and was expanding into broader trading features. Adding leveraged perpetual contracts to that distribution channel is a meaningful step beyond simple spot trading.
Andrew Rogozov noted that Wallet “now operates as a fully-fledged crypto platform within Telegram while remaining as simple and accessible as ever,” framing the product as a low-friction entry point rather than a professional trading terminal.
“Wallet now operates as a fully-fledged crypto platform within Telegram while remaining as simple and accessible as ever.”
— Andrew Rogozov, via TechCrunch
The 1 USDT minimum margin lowers the barrier to entry considerably compared to most derivatives platforms. That accessibility cuts both ways: it opens leveraged trading to users who may have limited experience with perpetual contracts and funding rate mechanics.
Toncoin, the native token of the TON blockchain that underpins Wallet, traded at $1.21 on April 2, 2026, down roughly 1.33% over 24 hours with a market cap near $3 billion. The muted price reaction suggests this is a product expansion story rather than a token catalyst, at least in the near term.
Country-level restrictions remain a practical constraint. Wallet’s own documentation notes that some trading functionality can be restricted by jurisdiction, and the broader crypto regulatory landscape continues to shape where these features roll out first.
What to Watch Next
The key question going forward is transparency around in-app availability. Wallet currently lacks a public, live contract roster or a region-by-region access matrix, the kind of product page that established derivatives venues typically maintain.
Whether the full Lighter RWA catalog, including every metals and crude oil contract, actually appears inside Telegram for all eligible users remains unconfirmed. Traders interested in the feature should verify available markets directly within the app rather than assuming the full Lighter lineup is accessible, especially given that new platform features often roll out in phases across jurisdictions.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
