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Logo of LighterLighter(LIT)
Total Value Locked$520.43m

TVL by Chain

Ethereum$520.43m

Arbitrum$2,095

Key Metrics

Fees (Annualized)$96m
Fees 30d$3.9m

zkLighter$3.9m

Fees 7d$775,721

zkLighter$775,721

Fees 24h$89,516

zkLighter$89,516

Cumulative Fees$68.91m

zkLighter$68.91m

Revenue (Annualized)$73.93m
Revenue 30d$2.9m

zkLighter$2.9m

Revenue 7d$574,257

zkLighter$574,257

Revenue 24h$74,538

zkLighter$74,538

Cumulative Revenue$53.07m

zkLighter$53.07m

Holders Revenue (Annualized)$44.66m
Holders Revenue 30d$2.82m

zkLighter$2.82m

Holders Revenue 7d$560,520

zkLighter$560,520

Holders Revenue 24h$101,984

zkLighter$101,984

Cumulative Holders Revenue$21.66m

zkLighter$21.66m

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$73.93m

Earnings 30d$2.9m

Earnings 7d$574,257

Earnings 24h$74,538

Cumulative Earnings$53.07m

DEX Volume 30d$209.44m
DEX Volume 30d by chain

zkLighter$209.44m

DEX Volume 7d$36.22m

zkLighter$36.22m

DEX Volume 24h$7.31m

zkLighter$7.31m

Cumulative DEX Volume$11.015b

zkLighter$6.653b

Arbitrum$4.361b

Perp Volume 30d$46.889b
Perp Volume 30d by chain

zkLighter$46.889b

Perp Volume 7d$10.365b

zkLighter$10.365b

Perp Volume 24h$1.529b

zkLighter$1.529b

Cumulative Perp Volume$1.697t

zkLighter$1.697t

Open Interest$787.31m

Market Cap$540.49m

$LIT Price$2.16

All Time High$7.86

All Time Low$0.78

Fully Diluted Valuation$2.162b

Outstanding FDV$1.62b

$LIT Volume 24h$136.81m

CEX Volume$87.37m

DEX Volume$55.79m(40.78% 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.

CategoryBridge
WebsiteTwitter

Methodology

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

Fees: Maker and taker fees paid by traders on the Lighter DEXView 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 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 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

User Activity

Active Addresses (24h)11,702

New Addresses (24h)609

Transactions (24h)1.31m