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Logo of LighterLighter(LIT)
Total Value Locked$507.17m

TVL by Chain

Ethereum$507.17m

Arbitrum$2,095

Key Metrics

Fees (Annualized)$99.18m
Fees 30d$3.77m

zkLighter$3.77m

Fees 7d$587,469

zkLighter$587,469

Fees 24h$161,846

zkLighter$161,846

Cumulative Fees$67.66m

zkLighter$67.66m

Revenue (Annualized)$76.4m
Revenue 30d$2.82m

zkLighter$2.82m

Revenue 7d$481,303

zkLighter$481,303

Revenue 24h$137,461

zkLighter$137,461

Cumulative Revenue$52.12m

zkLighter$52.12m

Holders Revenue (Annualized)$46.11m
Holders Revenue 30d$2.73m

zkLighter$2.73m

Holders Revenue 7d$470,454

zkLighter$470,454

Holders Revenue 24h$127,012

zkLighter$127,012

Cumulative Holders Revenue$20.72m

zkLighter$20.72m

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$76.4m

Earnings 30d$2.82m

Earnings 7d$481,303

Earnings 24h$137,461

Cumulative Earnings$52.12m

DEX Volume 30d$233.57m
DEX Volume 30d by chain

zkLighter$233.57m

DEX Volume 7d$38.52m

zkLighter$38.52m

DEX Volume 24h$11.44m

zkLighter$11.44m

Cumulative DEX Volume$10.952b

zkLighter$6.591b

Arbitrum$4.361b

Perp Volume 30d$45.828b
Perp Volume 30d by chain

zkLighter$45.828b

Perp Volume 7d$9.794b

zkLighter$9.794b

Perp Volume 24h$1.862b

zkLighter$1.862b

Cumulative Perp Volume$1.681t

zkLighter$1.681t

Open Interest$784.54m

Market Cap$406.51m

$LIT Price$1.63

All Time High$7.86

All Time Low$0.78

Fully Diluted Valuation$1.626b

Outstanding FDV$1.223b

$LIT Volume 24h$53.32m

CEX Volume$28.71m

DEX Volume$22.69m(42.56% 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:

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 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)11,709

New Addresses (24h)619

Transactions (24h)1.87m