Ask about Lighter · free
Logo of Lighter

Lighter(LIT)

View exchange stats
Total Value Locked$804.49m

TVL by Chain

Ethereum$587.5m

Robinhood Chain$115.09m

zkLighter$101.9m

Arbitrum$2,097

Key Metrics

Fees 30d$6.49m
Fees 30d by chain

zkLighter$4.2m

Robinhood Chain$2.29m

Fees 7d$1.82m

zkLighter$1.26m

Robinhood Chain$565,396

Fees 24h$293,005

zkLighter$223,040

Robinhood Chain$69,965

Cumulative Fees$89.89m

zkLighter$84.25m

Robinhood Chain$5.64m

Revenue 30d$5.43m
Revenue 30d by chain

zkLighter$3.32m

Robinhood Chain$2.11m

Revenue 7d$1.46m

zkLighter$954,286

Robinhood Chain$504,297

Revenue 24h$216,221

zkLighter$151,321

Robinhood Chain$64,900

Cumulative Revenue$70.03m

zkLighter$64.97m

Robinhood Chain$5.06m

Holders Revenue 30d$4.37m
Holders Revenue 30d by chain

zkLighter$4.37m

Robinhood Chain$0

Holders Revenue 7d$903,407

zkLighter$903,407

Robinhood Chain$0

Holders Revenue 24h$150,049

zkLighter$150,049

Robinhood Chain$0

Cumulative Holders Revenue$34.35m

zkLighter$34.35m

Robinhood Chain$0

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$58.72m

Earnings 30d$5.43m

Earnings 7d$1.46m

Earnings 24h$216,221

Cumulative Earnings$70.03m

DEX Volume 30d$214.6m
DEX Volume 30d by chain

zkLighter$182.4m

Robinhood Chain$32.2m

DEX Volume 7d$52.38m

zkLighter$36.74m

Robinhood Chain$15.64m

DEX Volume 24h$8.49m

zkLighter$7.2m

Robinhood Chain$1.29m

Cumulative DEX Volume$12.589b

zkLighter$7.689b

Arbitrum$4.361b

Robinhood Chain$539.67m

Perp Volume 30d$76.246b
Perp Volume 30d by chain

zkLighter$57.035b

Robinhood Chain$19.211b

Perp Volume 7d$20.995b

zkLighter$16.528b

Robinhood Chain$4.467b

Perp Volume 24h$3.351b

zkLighter$2.727b

Robinhood Chain$623.56m

Cumulative Perp Volume$1.932t

zkLighter$1.889t

Robinhood Chain$42.61b

Bridge Volume 30d$740.67m
Bridge Volume 30d by chain

zkLighter$417.51m

Ethereum$323.16m

Bridge Volume 7d$132.69m

zkLighter$68.2m

Ethereum$64.49m

Bridge Volume 24h$24.21m

Ethereum$16.11m

zkLighter$8.1m

Open Interest$697.96m

Market Cap$847.13m

$LIT Price$3.39

All Time High$7.86

All Time Low$0.78

View $LIT token page

Fully Diluted Valuation$3.327b

Outstanding FDV$2.543b

$LIT Volume 24h$95.72m

CEX Volume$70.72m

DEX Volume$36.2m(37.82% 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/TwitterExchange profile
Categories:BridgeDerivativesDexs
Products:
Loading chart...
TradingDefiLlama
TrueoAll markets

Lighter November revenue exceeds $5M?

Trade Yes 73.1%Trade No 35.5%

Quotes fetched just now.

Revenue so far$1.9m
Market threshold$5m
At this month's daily average$5.71m
Sep 2026$4.46m
Oct 2026$5.21m
Nov 1, 2026Dashed line: this month's daily average to the end of the periodNov 30, 2026

Revenue so far: completed UTC days from Nov 1, 2026 00:00 UTC to Nov 11, 2026 00:00 UTC

Market details

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

Bridge Volume: Value of assets sent through the bridge, counted once on the chain they leave from

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)24,061

New Addresses (24h)1,816

Transactions (24h)2.17m

Lighter history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 2, 2023 to Nov 11, 2026.

All-time high TVL: $1.46b on Dec 18, 2025. All-time low TVL: $65 on Apr 9, 2025.

Daily TVL, Oct 13, 2026 to Nov 11, 2026

DateTVL
Oct 13, 2026$752.13m
Oct 14, 2026$748.82m
Oct 15, 2026$746.04m
Oct 16, 2026$738.18m
Oct 17, 2026$740.88m
Oct 18, 2026$723.82m
Oct 19, 2026$725.29m
Oct 20, 2026$728.46m
Oct 21, 2026$817.5m
Oct 22, 2026$823.23m
Oct 23, 2026$817.43m
Oct 24, 2026$817.04m
Oct 25, 2026$814.19m
Oct 26, 2026$818.42m
Oct 27, 2026$828.43m
Oct 28, 2026$819.3m
Oct 29, 2026$808.54m
Oct 30, 2026$786.74m
Oct 31, 2026$789.07m
Nov 1, 2026$791.59m
Nov 2, 2026$793.11m
Nov 3, 2026$791.63m
Nov 4, 2026$791.21m
Nov 5, 2026$789.41m
Nov 6, 2026$779.86m
Nov 7, 2026$786.83m
Nov 8, 2026$789.9m
Nov 9, 2026$791.78m
Nov 10, 2026$795m
Nov 11, 2026$801.85m

TVL at each month end, Dec 2024 to Nov 2026

DateTVL
Dec 31, 2024$78
Jan 31, 2025$77
Feb 28, 2025$72
Mar 31, 2025$67
Apr 30, 2025$74.62m
May 31, 2025$105.31m
Jun 30, 2025$177.45m
Jul 31, 2025$193.25m
Aug 31, 2025$339.46m
Sep 30, 2025$720.2m
Oct 31, 2025$1.152b
Nov 30, 2025$1.228b
Dec 31, 2025$1.45b
Jan 31, 2026$967.55m
Feb 28, 2026$870.76m
Mar 31, 2026$520.59m
Apr 30, 2026$481.3m
May 31, 2026$515.71m
Jun 30, 2026$509.55m
Jul 31, 2026$514.33m
Aug 31, 2026$638.75m
Sep 30, 2026$763.03m
Oct 31, 2026$789.07m
Nov 11, 2026 (latest)$801.85m

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$72
Dec 31, 2024$78
Dec 31, 2025$1.45b

Fees, revenue and holders revenue by UTC calendar month, Oct 2025 to Nov 2026

MonthFeesRevenueHolders revenue
Oct 2025$9.56m$6.8m$0
Nov 2025$18.09m$14.32m$0
Dec 2025$12.04m$10.06m$0
Jan 2026$9m$6.36m$6.71m
Feb 2026$6.84m$5.14m$4.79m
Mar 2026$3.83m$3.16m$3.08m
Apr 2026$2.81m$2.18m$2.14m
May 2026$2.85m$2.16m$2.1m
Jun 2026$3.9m$2.9m$2.82m
Jul 2026$2.83m$2.21m$2.11m
Aug 2026$4.33m$3.18m$2.64m
Sep 2026$5.29m$4.46m$2.66m
Oct 2026$6.22m$5.21m$4.11m
Nov 2026 (to date)$2.3m$1.9m$1.17m

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/lighter

Frequently asked questions

What is Lighter's TVL?

As of Nov 11, 2026, Lighter has $804.49m in total value locked. TVL has increased 6.8% 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 73%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $6.49m in fees. Of that, $5.43m was protocol revenue. Based on the trailing year, the annualized rate is $74.3m in fees and $58.72m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $3.39. Its circulating market capitalization is $847.13m, ranking it #105. Its fully diluted valuation is $3.327b. Supply currently stands at 250m circulating, 981.91m total supply, 1b maximum supply.

How has LIT performed recently?

LIT is up 1.8% over the past 7 days and down 11.4% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 56.9% below that level.

Which protocols are included in Lighter?

Lighter is a parent protocol whose tracked products include Lighter Bridge, Lighter Robinhood Perps, Lighter LLP, Lighter Perps, and Lighter Spot.

How much trading volume does Lighter process?

Lighter processed $214.6m in DEX volume over the past 30 days.