Ask about Lighter

Logo of LighterLighter(LIT)

Total Value Locked$736.98m

TVL by Chain

Ethereum$635.21m

Robinhood Chain$101.77m

Arbitrum$2,100

Key Metrics

Fees 30d$5.55m
Fees 30d by chain

zkLighter$4.1m

Robinhood Chain$1.45m

Fees 7d$1.23m

zkLighter$790,253

Robinhood Chain$443,774

Fees 24h$112,607

zkLighter$69,813

Robinhood Chain$42,794

Cumulative Fees$79.15m

zkLighter$77.41m

Robinhood Chain$1.73m

Revenue 30d$4.59m
Revenue 30d by chain

zkLighter$3.31m

Robinhood Chain$1.28m

Revenue 7d$1.07m

zkLighter$658,914

Robinhood Chain$408,890

Revenue 24h$104,528

zkLighter$63,167

Robinhood Chain$41,361

Cumulative Revenue$61.11m

zkLighter$59.66m

Robinhood Chain$1.44m

Holders Revenue 30d$3.26m
Holders Revenue 30d by chain

zkLighter$3.26m

Robinhood Chain$0

Holders Revenue 7d$646,691

zkLighter$646,691

Robinhood Chain$0

Holders Revenue 24h$93,518

zkLighter$93,518

Robinhood Chain$0

Cumulative Holders Revenue$28.07m

zkLighter$28.07m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$65.03m

$4.59m

$1.07m

$104,528

$61.11m

DEX Volume 30d$572.18m
DEX Volume 30d by chain

zkLighter$341.52m

Robinhood Chain$230.66m

DEX Volume 7d$157.31m

Robinhood Chain$97.53m

zkLighter$59.78m

DEX Volume 24h$22.28m

zkLighter$11.33m

Robinhood Chain$10.94m

Cumulative DEX Volume$11.894b

zkLighter$7.299b

Arbitrum$4.361b

Robinhood Chain$233.83m

Perp Volume 30d$54.331b
Perp Volume 30d by chain

zkLighter$44.805b

Robinhood Chain$9.525b

Perp Volume 7d$13.674b

zkLighter$10.838b

Robinhood Chain$2.837b

Perp Volume 24h$1.297b

zkLighter$987.56m

Robinhood Chain$309.48m

Cumulative Perp Volume$1.809t

zkLighter$1.797t

Robinhood Chain$11.672b

$826.01m

Market Cap$1.168b

$LIT Price$4.67

All Time High$7.86

All Time Low$0.78

View $LIT token page

$4.671b

$3.503b

$LIT Volume 24h$63.27m

CEX Volume$57.54m

DEX Volume$10.16m(16.05% 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.

WebsiteX/Twitter
Categories:BridgeDerivativesDexs
Products:

User Activity

Active Addresses (24h)14,372

New Addresses (24h)554

Transactions (24h)1.54m

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 $736.98m in total value locked. TVL has increased 33.3% 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 86.2%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.55m in fees. Of that, $4.59m was protocol revenue. Based on the trailing year, the annualized rate is $84.22m in fees and $65.03m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $4.67. Its circulating market capitalization is $1.168b, ranking it #95. Its fully diluted valuation is $4.671b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is up 14.5% over the past 7 days and up 65.1% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 40.6% 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 $572.18m in DEX volume over the past 30 days.