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Lighter(LIT)

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Total Value Locked$747.62m

TVL by Chain

Ethereum$636.68m

Robinhood Chain$110.93m

Arbitrum$2,099

Key Metrics

Fees 30d$5.58m
Fees 30d by chain

zkLighter$3.49m

Robinhood Chain$2.09m

Fees 7d$1.21m

zkLighter$758,107

Robinhood Chain$450,067

Fees 24h$418,916

zkLighter$291,104

Robinhood Chain$127,812

Cumulative Fees$82.99m

zkLighter$79.8m

Robinhood Chain$3.2m

Revenue 30d$4.57m
Revenue 30d by chain

zkLighter$2.67m

Robinhood Chain$1.91m

Revenue 7d$939,822

zkLighter$534,433

Robinhood Chain$405,389

Revenue 24h$262,776

zkLighter$164,928

Robinhood Chain$97,848

Cumulative Revenue$64.21m

zkLighter$61.42m

Robinhood Chain$2.79m

Holders Revenue 30d$2.58m
Holders Revenue 30d by chain

zkLighter$2.58m

Robinhood Chain$0

Holders Revenue 7d$508,263

zkLighter$508,263

Robinhood Chain$0

Holders Revenue 24h$183,942

zkLighter$183,942

Robinhood Chain$0

Cumulative Holders Revenue$29.76m

zkLighter$29.76m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$64.74m

$4.57m

$939,822

$262,776

$64.21m

DEX Volume 30d$677.42m
DEX Volume 30d by chain

Robinhood Chain$393.8m

zkLighter$283.62m

DEX Volume 7d$76.73m

zkLighter$56.51m

Robinhood Chain$20.22m

DEX Volume 24h$7.55m

zkLighter$5.06m

Robinhood Chain$2.5m

Cumulative DEX Volume$12.367b

zkLighter$7.499b

Arbitrum$4.361b

Robinhood Chain$506.48m

Perp Volume 30d$58.727b
Perp Volume 30d by chain

zkLighter$44.424b

Robinhood Chain$14.303b

Perp Volume 7d$12.996b

zkLighter$9.578b

Robinhood Chain$3.417b

Perp Volume 24h$3.489b

zkLighter$2.728b

Robinhood Chain$761.19m

Cumulative Perp Volume$1.851t

zkLighter$1.829t

Robinhood Chain$22.002b

$789.08m

Market Cap$897.47m

$LIT Price$3.59

All Time High$7.86

All Time Low$0.78

View $LIT token page

$3.59b

$2.693b

$LIT Volume 24h$181.51m

CEX Volume$158.37m

DEX Volume$28.96m(15.95% 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)20,827

New Addresses (24h)841

Transactions (24h)2.35m

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 $747.62m in total value locked. TVL has increased 10.4% 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 85.2%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.58m in fees. Of that, $4.57m was protocol revenue. Based on the trailing year, the annualized rate is $83.68m in fees and $64.74m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $3.63. Its circulating market capitalization is $907.5m, ranking it #113. Its fully diluted valuation is $3.63b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is up 1.4% over the past 7 days and down 23.1% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 53.8% 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 $677.42m in DEX volume over the past 30 days.