Logo of LighterLighter(LIT)
Total Value Locked$608.76m

TVL by Chain

Ethereum$568.51m

Robinhood Chain$40.24m

Arbitrum$2,099

Key Metrics

Fees (Annualized)$86.27m
Fees 30d$4.15m

zkLighter$3.65m

Robinhood Chain$507,179

Fees 7d$2.4m

zkLighter$1.99m

Robinhood Chain$408,044

Fees 24h$471,525

zkLighter$402,152

Robinhood Chain$69,373

Cumulative Fees$75.16m

zkLighter$74.65m

Robinhood Chain$508,248

Revenue (Annualized)$66.12m
Revenue 30d$2.87m

zkLighter$2.54m

Robinhood Chain$327,411

Revenue 7d$1.44m

zkLighter$1.21m

Robinhood Chain$237,800

Revenue 24h$410,388

zkLighter$374,850

Robinhood Chain$35,538

Cumulative Revenue$57.61m

zkLighter$57.28m

Robinhood Chain$328,325

Holders Revenue (Annualized)$40.27m
Holders Revenue 30d$2.47m

zkLighter$2.47m

Robinhood Chain$0

Holders Revenue 7d$1.17m

zkLighter$1.17m

Robinhood Chain$0

Holders Revenue 24h$355,981

zkLighter$355,981

Robinhood Chain$0

Cumulative Holders Revenue$25.7m

zkLighter$25.7m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$66.12m

$2.87m

$1.44m

$410,388

$57.61m

DEX Volume 30d$183.89m
DEX Volume 30d by chain

zkLighter$178.14m

Robinhood Chain$5.75m

DEX Volume 7d$98.82m

zkLighter$95.71m

Robinhood Chain$3.11m

DEX Volume 24h$10.61m

zkLighter$8.95m

Robinhood Chain$1.66m

Cumulative DEX Volume$11.399b

zkLighter$7.032b

Arbitrum$4.361b

Robinhood Chain$5.87m

Perp Volume 30d$42.088b
Perp Volume 30d by chain

zkLighter$38.682b

Robinhood Chain$3.406b

Perp Volume 7d$17.181b

zkLighter$15.2b

Robinhood Chain$1.981b

Perp Volume 24h$3.392b

zkLighter$3.113b

Robinhood Chain$278.91m

Cumulative Perp Volume$1.768t

zkLighter$1.765t

Robinhood Chain$3.464b

$1.11b

Market Cap$841.77m

$LIT Price$3.37

All Time High$7.86

All Time Low$0.78

View $LIT token page

$3.367b

$2.528b

$LIT Volume 24h$75.42m

CEX Volume$52.53m

DEX Volume$21.73m(28.82% 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)13,933

New Addresses (24h)795

Transactions (24h)2.33m

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 $608.76m in total value locked. TVL has increased 18.3% 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 93.4%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $4.15m in fees. Of that, $2.87m was protocol revenue. Based on the trailing year, the annualized rate is $86.27m in fees and $66.12m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $3.37. Its circulating market capitalization is $841.77m, ranking it #107. Its fully diluted valuation is $3.367b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is up 45.9% over the past 7 days and up 47.7% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 57.1% 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 $183.89m in DEX volume over the past 30 days.