Ask about Lighter · free
Logo of Lighter

Lighter(LIT)

View exchange stats
Total Value Locked$777.2m

TVL by Chain

Ethereum$575.1m

Robinhood Chain$113.26m

zkLighter$88.84m

Arbitrum$2,097

Key Metrics

Fees 30d$6.04m
Fees 30d by chain

zkLighter$3.77m

Robinhood Chain$2.27m

Fees 7d$1.37m

zkLighter$882,006

Robinhood Chain$491,815

Fees 24h$384,275

zkLighter$268,085

Robinhood Chain$116,190

Cumulative Fees$87.2m

zkLighter$82.45m

Robinhood Chain$4.76m

Revenue 30d$5.06m
Revenue 30d by chain

zkLighter$2.96m

Robinhood Chain$2.11m

Revenue 7d$1.15m

zkLighter$688,653

Robinhood Chain$466,187

Revenue 24h$293,935

zkLighter$188,810

Robinhood Chain$105,125

Cumulative Revenue$67.8m

zkLighter$63.55m

Robinhood Chain$4.25m

Holders Revenue 30d$3.99m
Holders Revenue 30d by chain

zkLighter$3.99m

Robinhood Chain$0

Holders Revenue 7d$1.78m

zkLighter$1.78m

Robinhood Chain$0

Holders Revenue 24h$820,110

zkLighter$820,110

Robinhood Chain$0

Cumulative Holders Revenue$32.99m

zkLighter$32.99m

Robinhood Chain$0

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$61.9m

Earnings 30d$5.06m

Earnings 7d$1.15m

Earnings 24h$293,935

Cumulative Earnings$67.8m

DEX Volume 30d$275.09m
DEX Volume 30d by chain

zkLighter$229.84m

Robinhood Chain$45.25m

DEX Volume 7d$37.8m

zkLighter$32.93m

Robinhood Chain$4.87m

DEX Volume 24h$10.32m

zkLighter$8.91m

Robinhood Chain$1.41m

Cumulative DEX Volume$12.505b

zkLighter$7.624b

Arbitrum$4.361b

Robinhood Chain$520.24m

Perp Volume 30d$70.306b
Perp Volume 30d by chain

zkLighter$51.836b

Robinhood Chain$18.47b

Perp Volume 7d$17.291b

zkLighter$12.872b

Robinhood Chain$4.419b

Perp Volume 24h$3.928b

zkLighter$3.06b

Robinhood Chain$867.89m

Cumulative Perp Volume$1.901t

zkLighter$1.866t

Robinhood Chain$35.197b

Bridge Volume 30d$687.14m
Bridge Volume 30d by chain

zkLighter$390.64m

Ethereum$296.5m

Bridge Volume 7d$196.38m

zkLighter$113.97m

Ethereum$82.42m

Bridge Volume 24h$32.9m

zkLighter$20.34m

Ethereum$12.56m

Open Interest$703.46m

Market Cap$733.55m

$LIT Price$2.93

All Time High$7.86

All Time Low$0.78

View $LIT token page

Fully Diluted Valuation$2.881b

Outstanding FDV$2.198b

$LIT Volume 24h$243.17m

CEX Volume$222.43m

DEX Volume$58.45m(24.04% of total)

Total Raised$68m

Nov 11, 2025$68mRound: Investors: Founders Fund, Ribbit Capital, Haun Ventures, Robin Hood Ventures

Loading chart...

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)25,464

New Addresses (24h)2,211

Transactions (24h)2.97m

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

Bridge Volume: Value of assets sent through the bridge, counted once on the chain they leave from

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

Lighter history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 2, 2023 to Oct 30, 2026.

All-time high TVL: $1.46b on Dec 18, 2025. All-time low TVL: $65 on Apr 9, 2025.

Daily TVL, Oct 1, 2026 to Oct 30, 2026

DateTVL
Oct 1, 2026$777.68m
Oct 2, 2026$771.6m
Oct 3, 2026$771.67m
Oct 4, 2026$767.45m
Oct 5, 2026$767.67m
Oct 6, 2026$767.58m
Oct 7, 2026$761.46m
Oct 8, 2026$763.39m
Oct 9, 2026$754.25m
Oct 10, 2026$747.38m
Oct 11, 2026$751m
Oct 12, 2026$753.43m
Oct 13, 2026$752.13m
Oct 14, 2026$748.82m
Oct 15, 2026$746.04m
Oct 16, 2026$738.18m
Oct 17, 2026$740.88m
Oct 18, 2026$723.82m
Oct 19, 2026$725.29m
Oct 20, 2026$728.46m
Oct 21, 2026$817.5m
Oct 22, 2026$823.23m
Oct 23, 2026$817.43m
Oct 24, 2026$817.04m
Oct 25, 2026$814.19m
Oct 26, 2026$818.42m
Oct 27, 2026$828.43m
Oct 28, 2026$819.3m
Oct 29, 2026$808.54m
Oct 30, 2026$786.74m

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$79
Dec 31, 2024$78
Jan 31, 2025$77
Feb 28, 2025$72
Mar 31, 2025$67
Apr 30, 2025$74.62m
May 31, 2025$105.31m
Jun 30, 2025$177.45m
Jul 31, 2025$193.25m
Aug 31, 2025$339.46m
Sep 30, 2025$720.2m
Oct 31, 2025$1.152b
Nov 30, 2025$1.228b
Dec 31, 2025$1.45b
Jan 31, 2026$967.55m
Feb 28, 2026$870.76m
Mar 31, 2026$520.59m
Apr 30, 2026$481.3m
May 31, 2026$515.71m
Jun 30, 2026$509.55m
Jul 31, 2026$514.33m
Aug 31, 2026$638.75m
Sep 30, 2026$763.03m
Oct 30, 2026 (latest)$786.74m

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$72
Dec 31, 2024$78
Dec 31, 2025$1.45b

Fees, revenue and holders revenue by UTC calendar month, Oct 2025 to Oct 2026

MonthFeesRevenueHolders revenue
Oct 2025$9.56m$6.8m$0
Nov 2025$18.09m$14.32m$0
Dec 2025$12.04m$10.06m$0
Jan 2026$9m$6.36m$6.71m
Feb 2026$6.84m$5.14m$4.79m
Mar 2026$3.83m$3.16m$3.08m
Apr 2026$2.81m$2.18m$2.14m
May 2026$2.85m$2.16m$2.1m
Jun 2026$3.9m$2.9m$2.82m
Jul 2026$2.83m$2.21m$2.11m
Aug 2026$4.33m$3.18m$2.64m
Sep 2026$5.29m$4.46m$2.66m
Oct 2026 (to date)$5.84m$4.89m$3.91m

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

Frequently asked questions

What is Lighter's TVL?

As of Oct 30, 2026, Lighter has $777.2m in total value locked. TVL has increased 1.9% 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 74%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $6.04m in fees. Of that, $5.06m was protocol revenue. Based on the trailing year, the annualized rate is $78.9m in fees and $61.9m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $2.95. Its circulating market capitalization is $737.49m, ranking it #114. Its fully diluted valuation is $2.897b. Supply currently stands at 250m circulating, 981.91m total supply, 1b maximum supply.

How has LIT performed recently?

LIT is down 15.9% over the past 7 days and down 22.1% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 62.5% below that level.

Which protocols are included in Lighter?

Lighter is a parent protocol whose tracked products include Lighter Bridge, Lighter Robinhood Perps, Lighter LLP, Lighter Perps, and Lighter Spot.

How much trading volume does Lighter process?

Lighter processed $275.09m in DEX volume over the past 30 days.