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Logo of LighterLighter(LIT)
Total Value Locked$494.93m

TVL by Chain

Ethereum$494.93m

Arbitrum$2,095

Key Metrics

Fees (Annualized)$100.47m
Fees 30d$3.83m

zkLighter$3.83m

Fees 7d$884,256

zkLighter$884,256

Fees 24h$89,555

zkLighter$89,555

Cumulative Fees$67.17m

zkLighter$67.17m

Revenue (Annualized)$77.36m
Revenue 30d$2.83m

zkLighter$2.83m

Revenue 7d$713,300

zkLighter$713,300

Revenue 24h$79,006

zkLighter$79,006

Cumulative Revenue$51.72m

zkLighter$51.72m

Holders Revenue (Annualized)$30.41m
Holders Revenue 30d$2.77m

zkLighter$2.77m

Holders Revenue 7d$704,390

zkLighter$704,390

Holders Revenue 24h$79,544

zkLighter$79,544

Cumulative Holders Revenue$20.33m

zkLighter$20.33m

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$77.36m

Earnings 30d$2.83m

Earnings 7d$713,300

Earnings 24h$79,006

Cumulative Earnings$51.72m

DEX Volume 30d$216.07m
DEX Volume 30d by chain

zkLighter$216.07m

DEX Volume 7d$37.27m

zkLighter$37.27m

DEX Volume 24h$4.26m

zkLighter$4.26m

Cumulative DEX Volume$10.918b

zkLighter$6.556b

Arbitrum$4.361b

Perp Volume 30d$45.281b
Perp Volume 30d by chain

zkLighter$45.281b

Perp Volume 7d$10.672b

zkLighter$10.672b

Perp Volume 24h$1.293b

zkLighter$1.293b

Cumulative Perp Volume$1.673t

zkLighter$1.673t

Open Interest$726.9m

Market Cap$411.49m

$LIT Price$1.64

All Time High$7.86

All Time Low$0.78

Fully Diluted Valuation$1.646b

Outstanding FDV$1.23b

$LIT Volume 24h$28.1m

CEX Volume$19.83m

DEX Volume$8.32m(29.61% 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: LIT token buybacks from treasury. The protocol uses fees to buy back LIT tokens from the market.View 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)12,111

New Addresses (24h)1,206

Transactions (24h)1.45m