Total Value Locked$112.28m
TVL by Chain
Robinhood Chain$112.28m
Key Metrics
Fees 30d$2.25m
Fees 30d by chain
Robinhood Chain$2.25m
Fees 7d$507,288
Robinhood Chain$507,288
Fees 24h$39,210
Robinhood Chain$39,210
Cumulative Fees$4.85m
Robinhood Chain$4.85m
Revenue 30d$2.09m
Revenue 30d by chain
Robinhood Chain$2.09m
Revenue 7d$472,239
Robinhood Chain$472,239
Revenue 24h$38,830
Robinhood Chain$38,830
Cumulative Revenue$4.33m
Robinhood Chain$4.33m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Robinhood Chain$0
Holders Revenue 7d$0
Robinhood Chain$0
Holders Revenue 24h$0
Robinhood Chain$0
Cumulative Holders Revenue$0
Robinhood Chain$0
Perp Volume 30d$18.464b
Perp Volume 30d by chain
Robinhood Chain$18.464b
Perp Volume 7d$4.458b
Robinhood Chain$4.458b
Perp Volume 24h$391.77m
Robinhood Chain$391.77m
Cumulative Perp Volume$36.372b
Robinhood Chain$36.372b
Open Interest$189.54m
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.
Methodology
TVL: Counts tokens deposited by users into the Lighter ZK rollup contractView code on GitHubFees: 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 GitHubRevenue: Protocol revenue from maker, taker, transfer and withdrawal fees. Liquidation fees are excluded — they go to the LLP (see SupplySideRevenue).View code on GitHubHolders Revenue: Fees going to governance token holdersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubCompetitors
Lighter Robinhood Perps history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 20, 2026 to Nov 1, 2026.
All-time high TVL: $116.13m on Oct 27, 2026. All-time low TVL: $10.27m on Jul 30, 2026.
Daily TVL, Oct 3, 2026 to Nov 1, 2026
| Date | TVL |
|---|---|
| Oct 3, 2026 | $111.52m |
| Oct 4, 2026 | $111.99m |
| Oct 5, 2026 | $111.65m |
| Oct 6, 2026 | $112.71m |
| Oct 7, 2026 | $113.2m |
| Oct 8, 2026 | $114.15m |
| Oct 9, 2026 | $111.83m |
| Oct 10, 2026 | $110.6m |
| Oct 11, 2026 | $112.19m |
| Oct 12, 2026 | $111.9m |
| Oct 13, 2026 | $112.63m |
| Oct 14, 2026 | $113.23m |
| Oct 15, 2026 | $113.13m |
| Oct 16, 2026 | $112.42m |
| Oct 17, 2026 | $111.67m |
| Oct 18, 2026 | $112.03m |
| Oct 19, 2026 | $111.89m |
| Oct 20, 2026 | $113.49m |
| Oct 21, 2026 | $113.83m |
| Oct 22, 2026 | $113.73m |
| Oct 23, 2026 | $114.44m |
| Oct 24, 2026 | $114.23m |
| Oct 25, 2026 | $114.47m |
| Oct 26, 2026 | $115.05m |
| Oct 27, 2026 | $116.13m |
| Oct 28, 2026 | $115.17m |
| Oct 29, 2026 | $114.22m |
| Oct 30, 2026 | $113.31m |
| Oct 31, 2026 | $112.14m |
| Nov 1, 2026 | $112.27m |
TVL at each month end, Jul 2026 to Nov 2026
| Date | TVL |
|---|---|
| Jul 31, 2026 | $10.81m |
| Aug 31, 2026 | $47.65m |
| Sep 30, 2026 | $107.4m |
| Oct 31, 2026 | $112.14m |
| Nov 1, 2026 (latest) | $112.27m |
Fees, revenue and holders revenue by UTC calendar month, Jul 2026 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jul 2026 | $6,287 | $5,605 | $0 |
| Aug 2026 | $698,701 | $499,106 | $0 |
| Sep 2026 | $1.82m | $1.67m | $0 |
| Oct 2026 | $2.33m | $2.16m | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/lighter-robinhood-perps
Frequently asked questions
What is Lighter Robinhood Perps' TVL?
As of Nov 1, 2026, Lighter Robinhood Perps has $112.28m in total value locked. TVL has increased 4% over the past 30 days.
What chains does Lighter Robinhood Perps operate on?
Lighter Robinhood Perps operates on Robinhood Chain. Robinhood Chain holds the largest share at 100%.
How much has Lighter Robinhood Perps generated in fees and revenue?
Over the past 30 days, Lighter Robinhood Perps generated $2.25m in fees. Of that, $2.09m was protocol revenue. Based on the trailing year, the annualized rate is $17.18m in fees and $15.35m in revenue.
How does Lighter Robinhood Perps' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Lighter Robinhood Perps ranks #4 by TVL. The category holds $1.904b across 421 protocols, and Lighter Robinhood Perps accounts for 5.9% of that total. Similar protocols include Arcus Perps, Meridian Perps, Arcus pTokens, Mog, VS Trade, PerpsFunds, EL Perps, Jupiter Perpetual Exchange, GMX EVM, and Hyperliquid HLP.
How much perpetual futures volume does Lighter Robinhood Perps process?
Lighter Robinhood Perps processed $18.464b in perpetual futures volume over the past 30 days.

