Ask about Lighter
Logo of Lighter

Lighter(LIT)

View exchange stats
Total Value Locked$752.9m

TVL by Chain

Ethereum$640.84m

Robinhood Chain$112.06m

Arbitrum$2,099

Key Metrics

Fees 30d$5.69m
Fees 30d by chain

zkLighter$3.54m

Robinhood Chain$2.14m

Fees 7d$1.42m

zkLighter$899,502

Robinhood Chain$522,968

Fees 24h$111,412

zkLighter$71,715

Robinhood Chain$39,697

Cumulative Fees$83.28m

zkLighter$79.97m

Robinhood Chain$3.31m

Revenue 30d$4.71m
Revenue 30d by chain

zkLighter$2.74m

Robinhood Chain$1.97m

Revenue 7d$1.14m

zkLighter$665,083

Robinhood Chain$478,012

Revenue 24h$110,921

zkLighter$71,296

Robinhood Chain$39,625

Cumulative Revenue$64.48m

zkLighter$61.59m

Robinhood Chain$2.89m

Holders Revenue 30d$2.65m
Holders Revenue 30d by chain

zkLighter$2.65m

Robinhood Chain$0

Holders Revenue 7d$614,844

zkLighter$614,844

Robinhood Chain$0

Holders Revenue 24h$53,495

zkLighter$53,495

Robinhood Chain$0

Cumulative Holders Revenue$29.91m

zkLighter$29.91m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$64.66m

$4.71m

$1.14m

$110,921

$64.48m

DEX Volume 30d$653.22m
DEX Volume 30d by chain

Robinhood Chain$379.77m

zkLighter$273.45m

DEX Volume 7d$65.45m

zkLighter$45.55m

Robinhood Chain$19.89m

DEX Volume 24h$3.12m

zkLighter$2.67m

Robinhood Chain$452,295

Cumulative DEX Volume$12.37b

zkLighter$7.502b

Arbitrum$4.361b

Robinhood Chain$506.93m

Perp Volume 30d$60.55b
Perp Volume 30d by chain

zkLighter$45.629b

Robinhood Chain$14.921b

Perp Volume 7d$15.686b

zkLighter$11.643b

Robinhood Chain$4.042b

Perp Volume 24h$1.382b

zkLighter$995.54m

Robinhood Chain$386.51m

Cumulative Perp Volume$1.853t

zkLighter$1.83t

Robinhood Chain$22.98b

$781.72m

Market Cap$930.41m

$LIT Price$3.73

All Time High$7.86

All Time Low$0.78

View $LIT token page

$3.722b

$2.798b

$LIT Volume 24h$52.94m

CEX Volume$35.27m

DEX Volume$22.39m(42.29% of total)

Total Raised$68m

Nov 11, 2025$68mRound: Investors: Founders Fund, Ribbit Capital, Haun Ventures, Robin Hood Ventures

Loading chart...

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:

User Activity

Active Addresses (24h)16,874

New Addresses (24h)882

Transactions (24h)1.28m

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 $752.9m in total value locked. TVL has increased 8.6% 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 85.1%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.69m in fees. Of that, $4.71m was protocol revenue. Based on the trailing year, the annualized rate is $83.5m in fees and $64.66m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $3.69. Its circulating market capitalization is $921.86m, ranking it #114. Its fully diluted valuation is $3.687b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is up 5.6% over the past 7 days and down 22.8% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 53.1% 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 $653.22m in DEX volume over the past 30 days.