PANews reported on October 12th that Lighter tweeted that the LLP underperformed in the 24 hours ending at 4:00 PM ET, with a return ranking third-worst in history (-5.35%) and the lowest absolute profit and loss. A detailed analysis will be released tomorrow, including how LLP holders will be compensated. The LLP has a historical Sharpe ratio of 5.59 and an estimated annualized return of 48.4%.

According to previous news, Lighter experienced downtime due to high TPS, but user funds were safe. Lighter subsequently resumed operations.