Logo of LighterLighter(LIT)
Total Value Locked$695.88m

TVL by Chain

Ethereum$618.35m

Robinhood Chain$77.53m

Arbitrum$2,099

Key Metrics

Fees 30d$5.18m
Fees 30d by chain

zkLighter$4.03m

Robinhood Chain$1.15m

Fees 7d$779,856

zkLighter$495,558

Robinhood Chain$284,298

Fees 24h$175,408

zkLighter$120,182

Robinhood Chain$55,226

Cumulative Fees$77.59m

zkLighter$76.42m

Robinhood Chain$1.16m

Revenue 30d$3.94m
Revenue 30d by chain

zkLighter$3.02m

Robinhood Chain$918,111

Revenue 7d$677,937

zkLighter$412,669

Robinhood Chain$265,268

Revenue 24h$136,354

zkLighter$85,840

Robinhood Chain$50,514

Cumulative Revenue$59.77m

zkLighter$58.84m

Robinhood Chain$928,252

Holders Revenue 30d$2.95m
Holders Revenue 30d by chain

zkLighter$2.95m

Robinhood Chain$0

Holders Revenue 7d$392,033

zkLighter$392,033

Robinhood Chain$0

Holders Revenue 24h$85,433

zkLighter$85,433

Robinhood Chain$0

Cumulative Holders Revenue$27.27m

zkLighter$27.27m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$65.32m

$3.94m

$677,937

$136,354

$59.77m

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$1.092b

$LIT Price$4.37

All Time High$7.86

All Time Low$0.78

View $LIT token page

$4.369b

$3.278b

$LIT Volume 24h$85.96m

CEX Volume$75.74m

DEX Volume$11.51m(13.39% 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 $695.88m 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 88.9%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.18m in fees. Of that, $3.94m was protocol revenue. Based on the trailing year, the annualized rate is $84.79m in fees and $65.32m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $4.37. Its circulating market capitalization is $1.092b, ranking it #93. Its fully diluted valuation is $4.369b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is down 7.3% over the past 7 days and up 86.5% 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.