Ask about Lighter
Logo of LighterLighter(LIT)
Total Value Locked$501.34m

TVL by Chain

Ethereum$501.33m

Arbitrum$2,095

Key Metrics

Fees (Annualized)$101.22m
Fees 30d$3.78m

zkLighter$3.78m

Fees 7d$1.46m

zkLighter$1.46m

Fees 24h$124,458

zkLighter$124,458

Cumulative Fees$66.83m

zkLighter$66.83m

Revenue (Annualized)$77.91m
Revenue 30d$2.77m

zkLighter$2.77m

Revenue 7d$1.02m

zkLighter$1.02m

Revenue 24h$109,077

zkLighter$109,077

Cumulative Revenue$51.44m

zkLighter$51.44m

Holders Revenue (Annualized)$30.38m
Holders Revenue 30d$2.7m

zkLighter$2.7m

Holders Revenue 7d$999,622

zkLighter$999,622

Holders Revenue 24h$99,868

zkLighter$99,868

Cumulative Holders Revenue$20.06m

zkLighter$20.06m

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$77.91m

Earnings 30d$2.77m

Earnings 7d$1.02m

Earnings 24h$109,077

Cumulative Earnings$51.44m

DEX Volume 30d$209.36m
DEX Volume 30d by chain

zkLighter$209.36m

DEX Volume 7d$74.09m

zkLighter$74.09m

DEX Volume 24h$7.97m

zkLighter$7.97m

Cumulative DEX Volume$10.903b

zkLighter$6.542b

Arbitrum$4.361b

Perp Volume 30d$44.964b
Perp Volume 30d by chain

zkLighter$44.964b

Perp Volume 7d$14.005b

zkLighter$14.005b

Perp Volume 24h$1.701b

zkLighter$1.701b

Cumulative Perp Volume$1.668t

zkLighter$1.668t

Open Interest$682.74m

Market Cap$375.36m

$LIT Price$1.5

All Time High$7.86

All Time Low$0.78

Fully Diluted Valuation$1.501b

Outstanding FDV$1.125b

$LIT Volume 24h$53.03m

CEX Volume$30.76m

DEX Volume$20.07m(37.85% 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)11,095

New Addresses (24h)544

Transactions (24h)2m