Logo of LighterLighter(LIT)
Total Value Locked$667.22m

TVL by Chain

Ethereum$602.56m

Robinhood Chain$64.66m

Arbitrum$2,099

Key Metrics

Fees 30d$4.76m
Fees 30d by chain

zkLighter$3.87m

Robinhood Chain$891,123

Fees 7d$1.15m

zkLighter$884,044

Robinhood Chain$262,974

Fees 24h$65,751

zkLighter$44,353

Robinhood Chain$21,398

Cumulative Fees$76.87m

zkLighter$75.97m

Robinhood Chain$900,207

Revenue 30d$3.58m
Revenue 30d by chain

zkLighter$2.91m

Robinhood Chain$675,882

Revenue 7d$1.04m

zkLighter$797,711

Robinhood Chain$240,671

Revenue 24h$64,168

zkLighter$42,924

Robinhood Chain$21,244

Cumulative Revenue$59.16m

zkLighter$58.47m

Robinhood Chain$684,228

Holders Revenue 30d$2.85m
Holders Revenue 30d by chain

zkLighter$2.85m

Robinhood Chain$0

Holders Revenue 7d$850,922

zkLighter$850,922

Robinhood Chain$0

Holders Revenue 24h$33,287

zkLighter$33,287

Robinhood Chain$0

Cumulative Holders Revenue$26.91m

zkLighter$26.91m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$65.63m

$3.58m

$1.04m

$64,168

$59.16m

DEX Volume 30d$352.89m
DEX Volume 30d by chain

zkLighter$268.55m

Robinhood Chain$84.34m

DEX Volume 7d$169.16m

zkLighter$100.75m

Robinhood Chain$68.41m

DEX Volume 24h$8.3m

zkLighter$7.24m

Robinhood Chain$1.06m

Cumulative DEX Volume$11.608b

zkLighter$7.162b

Arbitrum$4.361b

Robinhood Chain$84.66m

Perp Volume 30d$46.35b
Perp Volume 30d by chain

zkLighter$40.149b

Robinhood Chain$6.201b

Perp Volume 7d$11.492b

zkLighter$9.577b

Robinhood Chain$1.915b

Perp Volume 24h$839.66m

zkLighter$644.08m

Robinhood Chain$195.58m

Cumulative Perp Volume$1.786t

zkLighter$1.78t

Robinhood Chain$6.312b

$1.378b

Market Cap$1.174b

$LIT Price$4.7

All Time High$7.86

All Time Low$0.78

View $LIT token page

$4.696b

$3.525b

$LIT Volume 24h$71.33m

CEX Volume$61.86m

DEX Volume$15.6m(21.87% 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)11,798

New Addresses (24h)627

Transactions (24h)1.24m

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 $667.22m in total value locked. TVL has increased 29.4% 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 90.3%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $4.76m in fees. Of that, $3.58m was protocol revenue. Based on the trailing year, the annualized rate is $85.29m in fees and $65.63m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $4.48. Its circulating market capitalization is $1.121b, ranking it #92. Its fully diluted valuation is $4.484b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is up 27.4% over the past 7 days and up 100.5% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 43% 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 $352.89m in DEX volume over the past 30 days.