Ask about Lighter
Logo of LighterLighter(LIT)
Total Value Locked$697.3m

TVL by Chain

Ethereum$617.31m

Robinhood Chain$79.99m

Arbitrum$2,099

Key Metrics

Fees 30d$5.43m
Fees 30d by chain

zkLighter$4.16m

Robinhood Chain$1.27m

Fees 7d$1.04m

zkLighter$649,077

Robinhood Chain$388,224

Fees 24h$69,753

Robinhood Chain$38,059

zkLighter$31,694

Cumulative Fees$77.91m

zkLighter$76.62m

Robinhood Chain$1.29m

Revenue 30d$4.14m
Revenue 30d by chain

zkLighter$3.12m

Robinhood Chain$1.02m

Revenue 7d$881,646

zkLighter$530,056

Robinhood Chain$351,590

Revenue 24h$67,980

Robinhood Chain$37,526

zkLighter$30,454

Cumulative Revenue$60.04m

zkLighter$59m

Robinhood Chain$1.04m

Holders Revenue 30d$3.05m
Holders Revenue 30d by chain

zkLighter$3.05m

Robinhood Chain$0

Holders Revenue 7d$515,870

zkLighter$515,870

Robinhood Chain$0

Holders Revenue 24h$45,150

zkLighter$45,150

Robinhood Chain$0

Cumulative Holders Revenue$27.42m

zkLighter$27.42m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$65.22m

$4.14m

$881,646

$67,980

$60.04m

DEX Volume 30d$449.36m
DEX Volume 30d by chain

zkLighter$314.35m

Robinhood Chain$135.01m

DEX Volume 7d$129.2m

zkLighter$77.56m

Robinhood Chain$51.64m

DEX Volume 24h$4.33m

zkLighter$3.83m

Robinhood Chain$503,099

Cumulative DEX Volume$11.737b

zkLighter$7.239b

Arbitrum$4.361b

Robinhood Chain$136.3m

Perp Volume 30d$50.461b
Perp Volume 30d by chain

zkLighter$41.973b

Robinhood Chain$8.488b

Perp Volume 7d$10.863b

zkLighter$8.34b

Robinhood Chain$2.524b

Perp Volume 24h$885.01m

zkLighter$543.91m

Robinhood Chain$341.1m

Cumulative Perp Volume$1.793t

zkLighter$1.784t

Robinhood Chain$8.687b

$1.436b

Market Cap$1.059b

$LIT Price$4.23

All Time High$7.86

All Time Low$0.78

View $LIT token page

$4.234b

$3.173b

$LIT Volume 24h$41.92m

CEX Volume$35.29m

DEX Volume$6.7m(15.99% 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)12,016

New Addresses (24h)509

Transactions (24h)1.07m

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 $697.3m in total value locked. TVL has increased 32.8% 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 88.5%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.43m in fees. Of that, $4.14m was protocol revenue. Based on the trailing year, the annualized rate is $84.64m in fees and $65.22m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $4.23. Its circulating market capitalization is $1.059b, ranking it #92. Its fully diluted valuation is $4.234b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is down 9.4% over the past 7 days and up 87% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 46.2% 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 $449.36m in DEX volume over the past 30 days.