Ask about Lighter
Logo of LighterLighter(LIT)
Total Value Locked$697.05m

TVL by Chain

Ethereum$618.98m

Robinhood Chain$78.07m

Arbitrum$2,099

Key Metrics

Fees 30d$5.44m
Fees 30d by chain

zkLighter$4.2m

Robinhood Chain$1.24m

Fees 7d$1.03m

zkLighter$661,736

Robinhood Chain$371,563

Fees 24h$253,443

zkLighter$166,178

Robinhood Chain$87,265

Cumulative Fees$77.84m

zkLighter$76.59m

Robinhood Chain$1.25m

Revenue 30d$4.14m
Revenue 30d by chain

zkLighter$3.15m

Robinhood Chain$988,151

Revenue 7d$877,834

zkLighter$542,526

Robinhood Chain$335,308

Revenue 24h$199,897

zkLighter$129,857

Robinhood Chain$70,040

Cumulative Revenue$59.97m

zkLighter$58.97m

Robinhood Chain$998,292

Holders Revenue 30d$3.06m
Holders Revenue 30d by chain

zkLighter$3.06m

Robinhood Chain$0

Holders Revenue 7d$504,007

zkLighter$504,007

Robinhood Chain$0

Holders Revenue 24h$111,974

zkLighter$111,974

Robinhood Chain$0

Cumulative Holders Revenue$27.38m

zkLighter$27.38m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$65.34m

$4.14m

$877,834

$199,897

$59.97m

DEX Volume 30d$448m
DEX Volume 30d by chain

zkLighter$313.16m

Robinhood Chain$134.83m

DEX Volume 7d$133.16m

zkLighter$80.97m

Robinhood Chain$52.19m

DEX Volume 24h$15.68m

Robinhood Chain$8.64m

zkLighter$7.04m

Cumulative DEX Volume$11.733b

zkLighter$7.236b

Arbitrum$4.361b

Robinhood Chain$135.8m

Perp Volume 30d$50.833b
Perp Volume 30d by chain

zkLighter$42.616b

Robinhood Chain$8.218b

Perp Volume 7d$10.818b

zkLighter$8.44b

Robinhood Chain$2.378b

Perp Volume 24h$2.354b

zkLighter$1.918b

Robinhood Chain$435.45m

Cumulative Perp Volume$1.792t

zkLighter$1.784t

Robinhood Chain$8.346b

$1.417b

Market Cap$1.101b

$LIT Price$4.4

All Time High$7.86

All Time Low$0.78

View $LIT token page

$4.405b

$3.3b

$LIT Volume 24h$82.6m

CEX Volume$71.79m

DEX Volume$10.59m(12.82% of total)

Total Raised$68m

Nov 11, 2025$68mRound: Investors: Founders Fund, Ribbit Capital, Haun Ventures, Robin Hood Ventures

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.

WebsiteTwitter
Categories:BridgeDerivativesDexs
Products:

User Activity

Active Addresses (24h)15,813

New Addresses (24h)570

Transactions (24h)1.76m

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Lighter Perps - Maker and taker fees paid by traders on the Lighter DEXView code on GitHubLighter Spot - Maker and taker fees paid by traders on the Lighter DEXView code on GitHubLighter Robinhood Perps - 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 GitHub

Revenue:

Lighter Perps - Protocol revenue from maker fees, taker fees, transfer fees, and withdraw fees. Liquidation fees are excluded as they go directly to LLP.View code on GitHubLighter Spot - Protocol revenue from maker fees, taker fees, transfer fees, and withdraw fees.View code on GitHubLighter Robinhood Perps - Protocol revenue from maker, taker, transfer and withdrawal fees. Liquidation fees are excluded — they go to the LLP (see SupplySideRevenue).View code on GitHub

Holders Revenue:

Lighter Perps - LIT token buybacks from treasury. The protocol uses fees to buy back LIT tokens from the market.View code on GitHubLighter Spot - Money going to governance token holdersView code on GitHubLighter Robinhood Perps - Fees going to governance token holdersView code on GitHub

DEX Volume: Volume of all spot token swaps on the DEX

Perp Volume: Notional volume of all trades including leverage on the perp exchange

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Frequently Asked Questions

What is Lighter's TVL?

Lighter currently has $697.05m in total value locked. TVL has increased 33.1% over the past 30 days.

What chains does Lighter operate on?

Lighter operates on 4 chains: Arbitrum, Ethereum, zkLighter, and Robinhood Chain. Ethereum holds the largest share at 88.8%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.44m in fees. Of that, $4.14m was protocol revenue. Based on the trailing year, the annualized rate is $84.81m in fees and $65.34m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $4.37. Its circulating market capitalization is $1.091b, ranking it #93. Its fully diluted valuation is $4.365b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is down 4.8% over the past 7 days and up 84.9% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 44.4% below that level.

Which protocols are included in Lighter?

Lighter is a parent protocol whose tracked products include Lighter Bridge, Lighter Robinhood Perps, Lighter Perps, and Lighter Spot.

How much trading volume does Lighter process?

Lighter processed $448m in DEX volume over the past 30 days.