Ask about Lighter

Logo of LighterLighter(LIT)

Total Value Locked$738.44m

TVL by Chain

Ethereum$637.25m

Robinhood Chain$101.19m

Arbitrum$2,100

Key Metrics

Fees 30d$5.67m
Fees 30d by chain

zkLighter$4.22m

Robinhood Chain$1.45m

Fees 7d$1.19m

zkLighter$752,134

Robinhood Chain$439,039

Fees 24h$233,131

zkLighter$153,879

Robinhood Chain$79,252

Cumulative Fees$79.03m

zkLighter$77.34m

Robinhood Chain$1.69m

Revenue 30d$4.64m
Revenue 30d by chain

zkLighter$3.37m

Robinhood Chain$1.27m

Revenue 7d$1.03m

zkLighter$626,201

Robinhood Chain$405,055

Revenue 24h$200,497

zkLighter$129,665

Robinhood Chain$70,832

Cumulative Revenue$61m

zkLighter$59.6m

Robinhood Chain$1.4m

Holders Revenue 30d$3.32m
Holders Revenue 30d by chain

zkLighter$3.32m

Robinhood Chain$0

Holders Revenue 7d$598,323

zkLighter$598,323

Robinhood Chain$0

Holders Revenue 24h$112,276

zkLighter$112,276

Robinhood Chain$0

Cumulative Holders Revenue$27.98m

zkLighter$27.98m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$65.11m

$4.64m

$1.03m

$200,497

$61m

DEX Volume 30d$562.4m
DEX Volume 30d by chain

zkLighter$342.4m

Robinhood Chain$220m

DEX Volume 7d$139.37m

Robinhood Chain$87.09m

zkLighter$52.27m

DEX Volume 24h$36.87m

Robinhood Chain$25.84m

zkLighter$11.03m

Cumulative DEX Volume$11.872b

zkLighter$7.288b

Arbitrum$4.361b

Robinhood Chain$222.89m

Perp Volume 30d$55.34b
Perp Volume 30d by chain

zkLighter$45.831b

Robinhood Chain$9.509b

Perp Volume 7d$13.262b

zkLighter$10.394b

Robinhood Chain$2.869b

Perp Volume 24h$2.582b

zkLighter$2.113b

Robinhood Chain$469.63m

Cumulative Perp Volume$1.808t

zkLighter$1.796t

Robinhood Chain$11.363b

$825.14m

Market Cap$1.28b

$LIT Price$5.12

All Time High$7.86

All Time Low$0.78

View $LIT token page

$5.122b

$3.84b

$LIT Volume 24h$109.28m

CEX Volume$89.65m

DEX Volume$16.59m(15.18% 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/Twitter
Categories:BridgeDerivativesDexs
Products:

User Activity

Active Addresses (24h)17,969

New Addresses (24h)657

Transactions (24h)2.19m

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 $738.44m in total value locked. TVL has increased 36.3% 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 86.3%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.67m in fees. Of that, $4.64m was protocol revenue. Based on the trailing year, the annualized rate is $84.35m in fees and $65.11m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $5.11. Its circulating market capitalization is $1.278b, ranking it #94. Its fully diluted valuation is $5.111b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is up 19.3% over the past 7 days and up 90.7% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 35% 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 $562.4m in DEX volume over the past 30 days.