Ask about Lighter

Logo of LighterLighter(LIT)

Total Value Locked$734.56m

TVL by Chain

Ethereum$638.07m

Robinhood Chain$96.49m

Arbitrum$2,100

Key Metrics

Fees 30d$5.26m
Fees 30d by chain

zkLighter$3.82m

Robinhood Chain$1.45m

Fees 7d$1.27m

zkLighter$812,243

Robinhood Chain$458,947

Fees 24h$134,676

zkLighter$81,195

Robinhood Chain$53,481

Cumulative Fees$79.28m

zkLighter$77.49m

Robinhood Chain$1.79m

Revenue 30d$4.47m
Revenue 30d by chain

zkLighter$3.18m

Robinhood Chain$1.29m

Revenue 7d$1.1m

zkLighter$676,099

Robinhood Chain$423,298

Revenue 24h$120,540

zkLighter$70,354

Robinhood Chain$50,186

Cumulative Revenue$61.23m

zkLighter$59.73m

Robinhood Chain$1.49m

Holders Revenue 30d$3.14m
Holders Revenue 30d by chain

zkLighter$3.14m

Robinhood Chain$0

Holders Revenue 7d$658,994

zkLighter$658,994

Robinhood Chain$0

Holders Revenue 24h$49,536

zkLighter$49,536

Robinhood Chain$0

Cumulative Holders Revenue$28.12m

zkLighter$28.12m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$64.97m

$4.47m

$1.1m

$120,540

$61.23m

DEX Volume 30d$572.54m
DEX Volume 30d by chain

zkLighter$328.25m

Robinhood Chain$244.3m

DEX Volume 7d$172.63m

Robinhood Chain$109.21m

zkLighter$63.41m

DEX Volume 24h$21.29m

Robinhood Chain$13.72m

zkLighter$7.58m

Cumulative DEX Volume$11.915b

zkLighter$7.307b

Arbitrum$4.361b

Robinhood Chain$247.55m

Perp Volume 30d$52.683b
Perp Volume 30d by chain

zkLighter$43.106b

Robinhood Chain$9.577b

Perp Volume 7d$14.008b

zkLighter$11.062b

Robinhood Chain$2.947b

Perp Volume 24h$1.495b

zkLighter$1.113b

Robinhood Chain$381.34m

Cumulative Perp Volume$1.81t

zkLighter$1.798t

Robinhood Chain$12.053b

$825.31m

Market Cap$1.242b

$LIT Price$4.97

All Time High$7.86

All Time Low$0.78

View $LIT token page

$4.969b

$3.728b

$LIT Volume 24h$84.48m

CEX Volume$77.82m

DEX Volume$15.92m(18.84% 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)14,549

New Addresses (24h)477

Transactions (24h)1.49m

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 $734.56m in total value locked. TVL has increased 31.2% 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 86.9%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.26m in fees. Of that, $4.47m was protocol revenue. Based on the trailing year, the annualized rate is $84.12m in fees and $64.97m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $4.96. Its circulating market capitalization is $1.239b, ranking it #93. Its fully diluted valuation is $4.957b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is up 9.1% over the past 7 days and up 63.6% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 36.9% 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 $572.54m in DEX volume over the past 30 days.