Ask about Lighter
Logo of LighterLighter(LIT)
Total Value Locked$513.5m

TVL by Chain

Ethereum$513.5m

Arbitrum$2,096

Key Metrics

Fees (Annualized)$37.23m
Fees 30d$3.05m

zkLighter$3.05m

Fees 7d$802,047

zkLighter$802,047

Fees 24h$210,964

zkLighter$210,964

Cumulative Fees$65.38m

zkLighter$65.38m

Revenue (Annualized)$27.7m
Revenue 30d$2.27m

zkLighter$2.27m

Revenue 7d$609,219

zkLighter$609,219

Revenue 24h$141,102

zkLighter$141,102

Cumulative Revenue$50.42m

zkLighter$50.42m

Holders Revenue (Annualized)$26.81m
Holders Revenue 30d$2.2m

zkLighter$2.2m

Holders Revenue 7d$572,311

zkLighter$572,311

Holders Revenue 24h$130,326

zkLighter$130,326

Cumulative Holders Revenue$19.06m

zkLighter$19.06m

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$27.7m

Earnings 30d$2.27m

Earnings 7d$609,219

Earnings 24h$141,102

Cumulative Earnings$50.42m

DEX Volume 30d$162.78m
DEX Volume 30d by chain

zkLighter$162.78m

DEX Volume 7d$53.04m

zkLighter$53.04m

DEX Volume 24h$17.84m

zkLighter$17.84m

Cumulative DEX Volume$10.829b

zkLighter$6.468b

Arbitrum$4.361b

Perp Volume 30d$41.032b
Perp Volume 30d by chain

zkLighter$41.032b

Perp Volume 7d$10.218b

zkLighter$10.218b

Perp Volume 24h$2.295b

zkLighter$2.295b

Cumulative Perp Volume$1.654t

zkLighter$1.654t

Open Interest$814.51m

Market Cap$416.79m

$LIT Price$1.67

All Time High$7.86

All Time Low$0.78

Fully Diluted Valuation$1.667b

Outstanding FDV$1.253b

$LIT Volume 24h$146.73m

CEX Volume$92.73m

DEX Volume$52.56m(35.82% 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.

CategoryBridge
WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees: Maker and taker fees paid by traders on the Lighter DEXView 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 GitHub
Holders Revenue: LIT token buybacks from treasury. The protocol uses fees to buy back LIT tokens from the market.View 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

User Activity

Active Addresses (24h)13,873

New Addresses (24h)749

Transactions (24h)2.16m