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Logo of LighterLighter(LIT)

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Total Value Locked$759.06m

TVL by Chain

Ethereum$651.84m

Robinhood Chain$107.22m

Arbitrum$2,100

Key Metrics

Fees 30d$5.25m
Fees 30d by chain

zkLighter$3.47m

Robinhood Chain$1.78m

Fees 7d$1.31m

zkLighter$795,285

Robinhood Chain$512,103

Fees 24h$263,208

zkLighter$165,157

Robinhood Chain$98,051

Cumulative Fees$80.98m

zkLighter$78.56m

Robinhood Chain$2.42m

Revenue 30d$4.46m
Revenue 30d by chain

zkLighter$2.82m

Robinhood Chain$1.63m

Revenue 7d$1.1m

zkLighter$622,321

Robinhood Chain$479,044

Revenue 24h$199,880

zkLighter$110,280

Robinhood Chain$89,600

Cumulative Revenue$62.58m

zkLighter$60.5m

Robinhood Chain$2.08m

Holders Revenue 30d$2.8m
Holders Revenue 30d by chain

zkLighter$2.8m

Robinhood Chain$0

Holders Revenue 7d$614,454

zkLighter$614,454

Robinhood Chain$0

Holders Revenue 24h$85,046

zkLighter$85,046

Robinhood Chain$0

Cumulative Holders Revenue$28.86m

zkLighter$28.86m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$64.89m

$4.46m

$1.1m

$199,880

$62.58m

DEX Volume 30d$757.08m
DEX Volume 30d by chain

Robinhood Chain$438.86m

zkLighter$318.22m

DEX Volume 7d$242.99m

Robinhood Chain$179.97m

zkLighter$63.02m

DEX Volume 24h$37.31m

Robinhood Chain$29.35m

zkLighter$7.96m

Cumulative DEX Volume$12.196b

zkLighter$7.379b

Arbitrum$4.361b

Robinhood Chain$455.11m

Perp Volume 30d$54.154b
Perp Volume 30d by chain

zkLighter$42.347b

Robinhood Chain$11.807b

Perp Volume 7d$13.732b

zkLighter$10.272b

Robinhood Chain$3.46b

Perp Volume 24h$2.49b

zkLighter$1.868b

Robinhood Chain$622.22m

Cumulative Perp Volume$1.825t

zkLighter$1.809t

Robinhood Chain$16.204b

$836.53m

Market Cap$1.114b

$LIT Price$4.45

All Time High$7.86

All Time Low$0.78

View $LIT token page

$4.455b

$3.338b

$LIT Volume 24h$71.96m

CEX Volume$47.46m

DEX Volume$30.59m(42.5% 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/TwitterExchange profile
Categories:BridgeDerivativesDexs
Products:

User Activity

Active Addresses (24h)24,422

New Addresses (24h)604

Transactions (24h)2.02m

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 $759.06m in total value locked. TVL has increased 19.1% 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 85.9%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.25m in fees. Of that, $4.46m was protocol revenue. Based on the trailing year, the annualized rate is $83.97m in fees and $64.89m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $4.45. Its circulating market capitalization is $1.114b, ranking it #102. Its fully diluted valuation is $4.455b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is down 8.1% over the past 7 days and up 22.6% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 43.4% 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 $757.08m in DEX volume over the past 30 days.