Ask about Lighter

Logo of LighterLighter(LIT)

View exchange stats
Total Value Locked$776.04m

TVL by Chain

Ethereum$668.68m

Robinhood Chain$107.36m

Arbitrum$2,100

Key Metrics

Fees 30d$5.29m
Fees 30d by chain

zkLighter$3.43m

Robinhood Chain$1.86m

Fees 7d$1.23m

zkLighter$740,885

Robinhood Chain$489,692

Fees 24h$204,727

zkLighter$130,389

Robinhood Chain$74,338

Cumulative Fees$81.37m

zkLighter$78.8m

Robinhood Chain$2.56m

Revenue 30d$4.46m
Revenue 30d by chain

zkLighter$2.75m

Robinhood Chain$1.71m

Revenue 7d$1.07m

zkLighter$608,700

Robinhood Chain$460,079

Revenue 24h$175,132

zkLighter$104,990

Robinhood Chain$70,142

Cumulative Revenue$62.91m

zkLighter$60.7m

Robinhood Chain$2.21m

Holders Revenue 30d$2.66m
Holders Revenue 30d by chain

zkLighter$2.66m

Robinhood Chain$0

Holders Revenue 7d$592,754

zkLighter$592,754

Robinhood Chain$0

Holders Revenue 24h$77,130

zkLighter$77,130

Robinhood Chain$0

Cumulative Holders Revenue$29.07m

zkLighter$29.07m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$64.87m

$4.46m

$1.07m

$175,132

$62.91m

DEX Volume 30d$813.64m
DEX Volume 30d by chain

Robinhood Chain$459.06m

zkLighter$354.58m

DEX Volume 7d$250.34m

Robinhood Chain$163.03m

zkLighter$87.31m

DEX Volume 24h$44.62m

zkLighter$36.56m

Robinhood Chain$8.06m

Cumulative DEX Volume$12.275b

zkLighter$7.431b

Arbitrum$4.361b

Robinhood Chain$483.05m

Perp Volume 30d$55.313b
Perp Volume 30d by chain

zkLighter$42.883b

Robinhood Chain$12.43b

Perp Volume 7d$13.576b

zkLighter$10.1b

Robinhood Chain$3.477b

Perp Volume 24h$2.303b

zkLighter$1.709b

Robinhood Chain$593.29m

Cumulative Perp Volume$1.832t

zkLighter$1.815t

Robinhood Chain$17.324b

$819.96m

Market Cap$991.29m

$LIT Price$3.97

All Time High$7.86

All Time Low$0.78

View $LIT token page

$3.965b

$2.978b

$LIT Volume 24h$137.23m

CEX Volume$101.51m

DEX Volume$41.63m(30.33% 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.

WebsiteX/TwitterExchange profile
Categories:BridgeDerivativesDexs
Products:

User Activity

Active Addresses (24h)17,538

New Addresses (24h)1,050

Transactions (24h)1.98m

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 $776.04m in total value locked. TVL has increased 20.3% 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 86.2%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.29m in fees. Of that, $4.46m was protocol revenue. Based on the trailing year, the annualized rate is $83.89m in fees and $64.87m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $3.97. Its circulating market capitalization is $991.29m, ranking it #111. Its fully diluted valuation is $3.965b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is down 23% over the past 7 days and up 8.5% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 49.5% 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 $813.64m in DEX volume over the past 30 days.