Total Value Locked$114.62m
TVL by Chain
Robinhood Chain$114.62m
Key Metrics
Fees 30d$2.23m
Fees 30d by chain
Robinhood Chain$2.23m
Fees 7d$480,759
Robinhood Chain$480,759
Fees 24h$56,398
Robinhood Chain$56,398
Cumulative Fees$4.51m
Robinhood Chain$4.51m
Revenue 30d$2.08m
Revenue 30d by chain
Robinhood Chain$2.08m
Revenue 7d$466,841
Robinhood Chain$466,841
Revenue 24h$55,281
Robinhood Chain$55,281
Cumulative Revenue$4.03m
Robinhood Chain$4.03m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Robinhood Chain$0
Holders Revenue 7d$0
Robinhood Chain$0
Holders Revenue 24h$0
Robinhood Chain$0
Cumulative Holders Revenue$0
Robinhood Chain$0
Perp Volume 30d$18.08b
Perp Volume 30d by chain
Robinhood Chain$18.08b
Perp Volume 7d$4.5b
Robinhood Chain$4.5b
Perp Volume 24h$592.02m
Robinhood Chain$592.02m
Cumulative Perp Volume$33.658b
Robinhood Chain$33.658b
Open Interest$215.12m
Protocol Information
Lighter is a decentralized trading platform that is designed to deliver unmatched security and scale. Lighter provides verifiable matching and liquidations, while operating at the best-in-class traditional exchange level performances.
Methodology
TVL: Counts tokens deposited by users into the Lighter ZK rollup contractView code on GitHubFees: All fees paid by traders on the Lighter Robinhood perpetuals deployment: maker, taker, transfer, withdrawal and liquidation fees. Scoped to perp markets (spot is tracked separately as lighter-spot).View code on GitHubRevenue: Protocol revenue from maker, taker, transfer and withdrawal fees. Liquidation fees are excluded — they go to the LLP (see SupplySideRevenue).View code on GitHubHolders Revenue: Fees going to governance token holdersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Lighter Robinhood Perps history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 20, 2026 to Oct 28, 2026.
All-time high TVL: $116.13m on Oct 27, 2026. All-time low TVL: $10.27m on Jul 30, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $106.86m |
| Sep 30, 2026 | $107.4m |
| Oct 1, 2026 | $107.16m |
| Oct 2, 2026 | $107.98m |
| Oct 3, 2026 | $111.52m |
| Oct 4, 2026 | $111.99m |
| Oct 5, 2026 | $111.65m |
| Oct 6, 2026 | $112.71m |
| Oct 7, 2026 | $113.2m |
| Oct 8, 2026 | $114.15m |
| Oct 9, 2026 | $111.83m |
| Oct 10, 2026 | $110.6m |
| Oct 11, 2026 | $112.19m |
| Oct 12, 2026 | $111.9m |
| Oct 13, 2026 | $112.63m |
| Oct 14, 2026 | $113.23m |
| Oct 15, 2026 | $113.13m |
| Oct 16, 2026 | $112.42m |
| Oct 17, 2026 | $111.67m |
| Oct 18, 2026 | $112.03m |
| Oct 19, 2026 | $111.89m |
| Oct 20, 2026 | $113.49m |
| Oct 21, 2026 | $113.83m |
| Oct 22, 2026 | $113.73m |
| Oct 23, 2026 | $114.44m |
| Oct 24, 2026 | $114.23m |
| Oct 25, 2026 | $114.47m |
| Oct 26, 2026 | $115.05m |
| Oct 27, 2026 | $116.13m |
| Oct 28, 2026 | $115.17m |
TVL at each month end, Jul 2026 to Oct 2026
| Date | TVL |
|---|---|
| Jul 31, 2026 | $10.81m |
| Aug 31, 2026 | $47.65m |
| Sep 30, 2026 | $107.4m |
| Oct 28, 2026 (latest) | $115.17m |
Fees, revenue and holders revenue by UTC calendar month, Jul 2026 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jul 2026 | $6,287 | $5,605 | $0 |
| Aug 2026 | $698,701 | $499,106 | $0 |
| Sep 2026 | $1.82m | $1.67m | $0 |
| Oct 2026 (to date) | $1.99m | $1.86m | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/lighter-robinhood-perps
Frequently asked questions
What is Lighter Robinhood Perps' TVL?
As of Oct 28, 2026, Lighter Robinhood Perps has $114.62m in total value locked. TVL has increased 6.7% over the past 30 days.
What chains does Lighter Robinhood Perps operate on?
Lighter Robinhood Perps operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.
How much has Lighter Robinhood Perps generated in fees and revenue?
Over the past 30 days, Lighter Robinhood Perps generated $2.23m in fees. Of that, $2.08m was protocol revenue. Based on the trailing year, the annualized rate is $16.65m in fees and $14.85m in revenue.
How does Lighter Robinhood Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Lighter Robinhood Perps ranks #4 by TVL. The category holds $1.969b across 427 protocols, and Lighter Robinhood Perps accounts for 5.8% of that total. Similar protocols include Arcus Perps, Meridian Perps, Arcus pTokens, Mog, VS Trade, PerpsFunds, EL Perps, Jupiter Perpetual Exchange, GMX EVM, and Hyperliquid HLP.
How much perpetual futures volume does Lighter Robinhood Perps process?
Lighter Robinhood Perps processed $18.08b in perpetual futures volume over the past 30 days.

