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Lighter(LIT)

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Total Value Locked$750.67m

TVL by Chain

Ethereum$638.75m

Robinhood Chain$111.92m

Arbitrum$2,099

Key Metrics

Fees 30d$5.75m
Fees 30d by chain

zkLighter$3.59m

Robinhood Chain$2.16m

Fees 7d$1.38m

zkLighter$859,943

Robinhood Chain$519,375

Fees 24h$171,144

zkLighter$101,836

Robinhood Chain$69,308

Cumulative Fees$83.16m

zkLighter$79.9m

Robinhood Chain$3.27m

Revenue 30d$4.73m
Revenue 30d by chain

zkLighter$2.76m

Robinhood Chain$1.98m

Revenue 7d$1.1m

zkLighter$624,546

Robinhood Chain$474,223

Revenue 24h$158,947

zkLighter$90,113

Robinhood Chain$68,834

Cumulative Revenue$64.37m

zkLighter$61.51m

Robinhood Chain$2.85m

Holders Revenue 30d$2.68m
Holders Revenue 30d by chain

zkLighter$2.68m

Robinhood Chain$0

Holders Revenue 7d$610,409

zkLighter$610,409

Robinhood Chain$0

Holders Revenue 24h$102,146

zkLighter$102,146

Robinhood Chain$0

Cumulative Holders Revenue$29.86m

zkLighter$29.86m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$64.72m

$4.73m

$1.1m

$158,947

$64.37m

DEX Volume 30d$677.42m
DEX Volume 30d by chain

Robinhood Chain$393.8m

zkLighter$283.62m

DEX Volume 7d$76.73m

zkLighter$56.51m

Robinhood Chain$20.22m

DEX Volume 24h$7.55m

zkLighter$5.06m

Robinhood Chain$2.5m

Cumulative DEX Volume$12.367b

zkLighter$7.499b

Arbitrum$4.361b

Robinhood Chain$506.48m

Perp Volume 30d$60.912b
Perp Volume 30d by chain

zkLighter$46.018b

Robinhood Chain$14.894b

Perp Volume 7d$15.18b

zkLighter$11.173b

Robinhood Chain$4.008b

Perp Volume 24h$2.185b

zkLighter$1.594b

Robinhood Chain$590.82m

Cumulative Perp Volume$1.849t

zkLighter$1.826t

Robinhood Chain$22.593b

$789.71m

Market Cap$915.16m

$LIT Price$3.66

All Time High$7.86

All Time Low$0.78

View $LIT token page

$3.661b

$2.745b

$LIT Volume 24h$61.86m

CEX Volume$44.71m

DEX Volume$21.15m(34.19% 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/TwitterExchange profile
Categories:BridgeDerivativesDexs
Products:

User Activity

Active Addresses (24h)24,090

New Addresses (24h)1,238

Transactions (24h)1.72m

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 $750.67m in total value locked. TVL has increased 9.1% 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 85.1%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.75m in fees. Of that, $4.73m was protocol revenue. Based on the trailing year, the annualized rate is $83.62m in fees and $64.72m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $3.66. Its circulating market capitalization is $915.16m, ranking it #115. Its fully diluted valuation is $3.661b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is down 0.6% over the past 7 days and down 19% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 53.4% 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 $677.42m in DEX volume over the past 30 days.