Ask about Lighter
Logo of LighterLighter(LIT)
Total Value Locked$701.65m

TVL by Chain

Ethereum$617.21m

Robinhood Chain$84.44m

Arbitrum$2,099

Key Metrics

Fees 30d$5.85m
Fees 30d by chain

zkLighter$4.41m

Robinhood Chain$1.44m

Fees 7d$1.21m

zkLighter$765,407

Robinhood Chain$442,685

Fees 24h$245,519

zkLighter$162,004

Robinhood Chain$83,515

Cumulative Fees$78.45m

zkLighter$76.97m

Robinhood Chain$1.48m

Revenue 30d$4.47m
Revenue 30d by chain

zkLighter$3.3m

Robinhood Chain$1.17m

Revenue 7d$1.01m

zkLighter$615,198

Robinhood Chain$398,396

Revenue 24h$180,232

zkLighter$106,632

Robinhood Chain$73,600

Cumulative Revenue$60.49m

zkLighter$59.28m

Robinhood Chain$1.21m

Holders Revenue 30d$3.22m
Holders Revenue 30d by chain

zkLighter$3.22m

Robinhood Chain$0

Holders Revenue 7d$595,045

zkLighter$595,045

Robinhood Chain$0

Holders Revenue 24h$123,692

zkLighter$123,692

Robinhood Chain$0

Cumulative Holders Revenue$27.68m

zkLighter$27.68m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$65.13m

$4.47m

$1.01m

$180,232

$60.49m

DEX Volume 30d$491.54m
DEX Volume 30d by chain

zkLighter$329.87m

Robinhood Chain$161.66m

DEX Volume 7d$128.1m

Robinhood Chain$64.96m

zkLighter$63.14m

DEX Volume 24h$20.31m

Robinhood Chain$12.76m

zkLighter$7.55m

Cumulative DEX Volume$11.786b

zkLighter$7.261b

Arbitrum$4.361b

Robinhood Chain$164.2m

Perp Volume 30d$54.099b
Perp Volume 30d by chain

zkLighter$44.963b

Robinhood Chain$9.137b

Perp Volume 7d$12.877b

zkLighter$10.081b

Robinhood Chain$2.796b

Perp Volume 24h$2.257b

zkLighter$1.797b

Robinhood Chain$460.31m

Cumulative Perp Volume$1.799t

zkLighter$1.789t

Robinhood Chain$9.93b

$719.43m

Market Cap$1.015b

$LIT Price$4.06

All Time High$7.86

All Time Low$0.78

View $LIT token page

$4.061b

$3.045b

$LIT Volume 24h$87.68m

CEX Volume$75.84m

DEX Volume$14.73m(16.8% 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/Twitter
Categories:BridgeDerivativesDexs
Products:

User Activity

Active Addresses (24h)15,966

New Addresses (24h)1,107

Transactions (24h)1.76m

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 $701.65m in total value locked. TVL has increased 33.1% 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 88%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.85m in fees. Of that, $4.47m was protocol revenue. Based on the trailing year, the annualized rate is $84.47m in fees and $65.13m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $4.06. Its circulating market capitalization is $1.015b, ranking it #95. Its fully diluted valuation is $4.061b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is down 16.6% over the past 7 days and up 76.7% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 48.3% 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 $491.54m in DEX volume over the past 30 days.