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Logo of LighterLighter(LIT)
Total Value Locked$531.45m

TVL by Chain

Ethereum$531.45m

Arbitrum$2,095

Key Metrics

Fees (Annualized)$94.77m
Fees 30d$3.05m

zkLighter$3.05m

Fees 7d$625,756

zkLighter$625,756

Fees 24h$48,691

zkLighter$48,691

Cumulative Fees$69.33m

zkLighter$69.33m

Revenue (Annualized)$72.98m
Revenue 30d$2.38m

zkLighter$2.38m

Revenue 7d$490,205

zkLighter$490,205

Revenue 24h$41,312

zkLighter$41,312

Cumulative Revenue$53.38m

zkLighter$53.38m

Holders Revenue (Annualized)$44.05m
Holders Revenue 30d$2.34m

zkLighter$2.34m

Holders Revenue 7d$484,856

zkLighter$484,856

Holders Revenue 24h$40,170

zkLighter$40,170

Cumulative Holders Revenue$21.97m

zkLighter$21.97m

Incentives 1y$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$72.98m

Earnings 30d$2.38m

Earnings 7d$490,205

Earnings 24h$41,312

Cumulative Earnings$53.38m

DEX Volume 30d$189.93m
DEX Volume 30d by chain

zkLighter$189.93m

DEX Volume 7d$68.76m

zkLighter$68.76m

DEX Volume 24h$14.3m

zkLighter$14.3m

Cumulative DEX Volume$11.07b

zkLighter$6.709b

Arbitrum$4.361b

Perp Volume 30d$40.797b
Perp Volume 30d by chain

zkLighter$40.797b

Perp Volume 7d$8.937b

zkLighter$8.937b

Perp Volume 24h$767.5m

zkLighter$767.5m

Cumulative Perp Volume$1.703t

zkLighter$1.703t

Open Interest$818.67m

Market Cap$614.68m

$LIT Price$2.46

All Time High$7.86

All Time Low$0.78

Fully Diluted Valuation$2.459b

Outstanding FDV$1.845b

$LIT Volume 24h$138.47m

CEX Volume$76.7m

DEX Volume$68.31m(49.33% 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)10,295

New Addresses (24h)488

Transactions (24h)1.5m