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Logo of LighterLighter(LIT)

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Total Value Locked$770.04m

TVL by Chain

Ethereum$658.43m

Robinhood Chain$111.61m

Arbitrum$2,100

Key Metrics

Fees 30d$5.35m
Fees 30d by chain

zkLighter$3.38m

Robinhood Chain$1.97m

Fees 7d$1.26m

zkLighter$744,575

Robinhood Chain$519,210

Fees 24h$250,925

zkLighter$144,840

Robinhood Chain$106,085

Cumulative Fees$81.79m

zkLighter$79.04m

Robinhood Chain$2.75m

Revenue 30d$4.49m
Revenue 30d by chain

zkLighter$2.68m

Robinhood Chain$1.81m

Revenue 7d$1.08m

zkLighter$592,398

Robinhood Chain$484,016

Revenue 24h$200,178

zkLighter$106,238

Robinhood Chain$93,940

Cumulative Revenue$63.27m

zkLighter$60.89m

Robinhood Chain$2.38m

Holders Revenue 30d$2.6m
Holders Revenue 30d by chain

zkLighter$2.6m

Robinhood Chain$0

Holders Revenue 7d$582,552

zkLighter$582,552

Robinhood Chain$0

Holders Revenue 24h$103,333

zkLighter$103,333

Robinhood Chain$0

Cumulative Holders Revenue$29.25m

zkLighter$29.25m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$64.87m

$4.49m

$1.08m

$200,178

$63.27m

DEX Volume 30d$791.86m
DEX Volume 30d by chain

Robinhood Chain$444.35m

zkLighter$347.51m

DEX Volume 7d$202.34m

Robinhood Chain$122.62m

zkLighter$79.71m

DEX Volume 24h$8.01m

zkLighter$6.85m

Robinhood Chain$1.16m

Cumulative DEX Volume$12.29b

zkLighter$7.443b

Arbitrum$4.361b

Robinhood Chain$486.25m

Perp Volume 30d$56.235b
Perp Volume 30d by chain

zkLighter$43.103b

Robinhood Chain$13.132b

Perp Volume 7d$13.645b

zkLighter$9.966b

Robinhood Chain$3.68b

Perp Volume 24h$2.377b

zkLighter$1.703b

Robinhood Chain$673.97m

Cumulative Perp Volume$1.836t

zkLighter$1.818t

Robinhood Chain$18.585b

$810.48m

Market Cap$873.51m

$LIT Price$3.49

All Time High$7.86

All Time Low$0.78

View $LIT token page

$3.494b

$2.618b

$LIT Volume 24h$102.11m

CEX Volume$79.3m

DEX Volume$33.4m(32.72% 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:

User Activity

Active Addresses (24h)20,812

New Addresses (24h)4,077

Transactions (24h)1.87m

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 $770.04m in total value locked. TVL has increased 18.8% 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 85.5%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.35m in fees. Of that, $4.49m was protocol revenue. Based on the trailing year, the annualized rate is $83.85m in fees and $64.87m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $3.45. Its circulating market capitalization is $863.79m, ranking it #117. Its fully diluted valuation is $3.455b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is down 28.3% over the past 7 days and down 9% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 56.1% 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 $791.86m in DEX volume over the past 30 days.