ThreadGuy hosts Vlad, founder of Lighter, in one of the most intense crypto discussions of the year. Vlad breaks down the massive crypto flash crash, the truth behind Lighter’s outage, and what it means for the future of decentralized perps. Then, Robert Chang and Marty join live to challenge Vlad on decentralization, Ethereum security, regulation, and user transparency, creating one of the most unfiltered, high-signal DeFi debates you’ll see this year.