Ask about Lighter
Logo of LighterLighter(LIT)
Total Value Locked$511.58m

TVL by Chain

Ethereum$511.58m

Arbitrum$2,095

Key Metrics

Fees (Annualized)$96.24m
Fees 30d$3.87m

zkLighter$3.87m

Fees 7d$799,634

zkLighter$799,634

Fees 24h$116,132

zkLighter$116,132

Cumulative Fees$68.82m

zkLighter$68.82m

Revenue (Annualized)$74.11m
Revenue 30d$2.87m

zkLighter$2.87m

Revenue 7d$569,607

zkLighter$569,607

Revenue 24h$98,349

zkLighter$98,349

Cumulative Revenue$52.99m

zkLighter$52.99m

Holders Revenue (Annualized)$44.7m
Holders Revenue 30d$2.76m

zkLighter$2.76m

Holders Revenue 7d$529,194

zkLighter$529,194

Holders Revenue 24h$71,441

zkLighter$71,441

Cumulative Holders Revenue$21.55m

zkLighter$21.55m

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$74.11m

Earnings 30d$2.87m

Earnings 7d$569,607

Earnings 24h$98,349

Cumulative Earnings$52.99m

DEX Volume 30d$207.35m
DEX Volume 30d by chain

zkLighter$207.35m

DEX Volume 7d$34.26m

zkLighter$34.26m

DEX Volume 24h$5.74m

zkLighter$5.74m

Cumulative DEX Volume$11.007b

zkLighter$6.646b

Arbitrum$4.361b

Perp Volume 30d$46.222b
Perp Volume 30d by chain

zkLighter$46.222b

Perp Volume 7d$10.18b

zkLighter$10.18b

Perp Volume 24h$1.594b

zkLighter$1.594b

Cumulative Perp Volume$1.696t

zkLighter$1.696t

Open Interest$768.5m

Market Cap$481.14m

$LIT Price$1.92

All Time High$7.86

All Time Low$0.78

Fully Diluted Valuation$1.925b

Outstanding FDV$1.44b

$LIT Volume 24h$66.17m

CEX Volume$46.31m

DEX Volume$25.85m(39.07% 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)14,255

New Addresses (24h)521

Transactions (24h)1.43m