Logo of LighterLighter(LIT)
Total Value Locked$690.81m

TVL by Chain

Ethereum$618.98m

Robinhood Chain$71.83m

Arbitrum$2,099

Key Metrics

Fees 30d$5.13m
Fees 30d by chain

zkLighter$4.03m

Robinhood Chain$1.1m

Fees 7d$978,882

zkLighter$648,901

Robinhood Chain$329,981

Fees 24h$169,074

zkLighter$103,084

Robinhood Chain$65,990

Cumulative Fees$77.41m

zkLighter$76.3m

Robinhood Chain$1.11m

Revenue 30d$3.91m
Revenue 30d by chain

zkLighter$3.04m

Robinhood Chain$868,244

Revenue 7d$850,658

zkLighter$544,771

Robinhood Chain$305,887

Revenue 24h$155,795

zkLighter$94,139

Robinhood Chain$61,656

Cumulative Revenue$59.64m

zkLighter$58.76m

Robinhood Chain$877,738

Holders Revenue 30d$2.97m
Holders Revenue 30d by chain

zkLighter$2.97m

Robinhood Chain$0

Holders Revenue 7d$528,798

zkLighter$528,798

Robinhood Chain$0

Holders Revenue 24h$94,002

zkLighter$94,002

Robinhood Chain$0

Cumulative Holders Revenue$27.18m

zkLighter$27.18m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$65.37m

$3.91m

$850,658

$155,795

$59.64m

DEX Volume 30d$413.01m
DEX Volume 30d by chain

zkLighter$301.15m

Robinhood Chain$111.87m

DEX Volume 7d$191.17m

zkLighter$120.4m

Robinhood Chain$70.77m

DEX Volume 24h$31.55m

zkLighter$18.12m

Robinhood Chain$13.43m

Cumulative DEX Volume$11.69b

zkLighter$7.216b

Arbitrum$4.361b

Robinhood Chain$112.67m

Perp Volume 30d$48.961b
Perp Volume 30d by chain

zkLighter$41.531b

Robinhood Chain$7.43b

Perp Volume 7d$10.503b

zkLighter$8.257b

Robinhood Chain$2.246b

Perp Volume 24h$1.91b

zkLighter$1.492b

Robinhood Chain$418.24m

Cumulative Perp Volume$1.788t

zkLighter$1.78t

Robinhood Chain$7.552b

$1.462b

Market Cap$1.148b

$LIT Price$4.59

All Time High$7.86

All Time Low$0.78

View $LIT token page

$4.593b

$3.443b

$LIT Volume 24h$103.58m

CEX Volume$89.31m

DEX Volume$17.29m(16.69% 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)16,303

New Addresses (24h)923

Transactions (24h)1.8m

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 $690.81m in total value locked. TVL has increased 32.4% 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 89.6%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.13m in fees. Of that, $3.91m was protocol revenue. Based on the trailing year, the annualized rate is $84.85m in fees and $65.37m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $4.59. Its circulating market capitalization is $1.148b, ranking it #91. Its fully diluted valuation is $4.593b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is up 19% over the past 7 days and up 86.6% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 41.6% 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 $413.01m in DEX volume over the past 30 days.