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Logo of LighterLighter(LIT)
Total Value Locked$507.93m

TVL by Chain

Ethereum$507.93m

Arbitrum$2,095

Key Metrics

Fees (Annualized)$98.97m
Fees 30d$3.89m

zkLighter$3.89m

Fees 7d$709,110

zkLighter$709,110

Fees 24h$121,641

zkLighter$121,641

Cumulative Fees$67.78m

zkLighter$67.78m

Revenue (Annualized)$76.25m
Revenue 30d$2.92m

zkLighter$2.92m

Revenue 7d$584,593

zkLighter$584,593

Revenue 24h$103,290

zkLighter$103,290

Cumulative Revenue$52.22m

zkLighter$52.22m

Holders Revenue (Annualized)$46.02m
Holders Revenue 30d$2.82m

zkLighter$2.82m

Holders Revenue 7d$555,573

zkLighter$555,573

Holders Revenue 24h$85,119

zkLighter$85,119

Cumulative Holders Revenue$20.8m

zkLighter$20.8m

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$76.25m

Earnings 30d$2.92m

Earnings 7d$584,593

Earnings 24h$103,290

Cumulative Earnings$52.22m

DEX Volume 30d$243.77m
DEX Volume 30d by chain

zkLighter$243.77m

DEX Volume 7d$48.73m

zkLighter$48.73m

DEX Volume 24h$10.2m

zkLighter$10.2m

Cumulative DEX Volume$10.962b

zkLighter$6.601b

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$395.73m

$LIT Price$1.58

All Time High$7.86

All Time Low$0.78

Fully Diluted Valuation$1.583b

Outstanding FDV$1.185b

$LIT Volume 24h$43.11m

CEX Volume$25.37m

DEX Volume$17.03m(39.5% 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)11,851

New Addresses (24h)621

Transactions (24h)1.75m