Ask about Lighter
Logo of LighterLighter(LIT)
Total Value Locked$697.82m

TVL by Chain

Ethereum$615.37m

Robinhood Chain$82.44m

Arbitrum$2,099

Key Metrics

Fees 30d$5.47m
Fees 30d by chain

zkLighter$4.17m

Robinhood Chain$1.3m

Fees 7d$1.02m

zkLighter$638,703

Robinhood Chain$385,108

Fees 24h$97,513

zkLighter$59,205

Robinhood Chain$38,308

Cumulative Fees$78.01m

zkLighter$76.68m

Robinhood Chain$1.33m

Revenue 30d$4.17m
Revenue 30d by chain

zkLighter$3.12m

Robinhood Chain$1.04m

Revenue 7d$870,449

zkLighter$522,173

Robinhood Chain$348,276

Revenue 24h$88,947

zkLighter$53,169

Robinhood Chain$35,778

Cumulative Revenue$60.13m

zkLighter$59.06m

Robinhood Chain$1.07m

Holders Revenue 30d$3.05m
Holders Revenue 30d by chain

zkLighter$3.05m

Robinhood Chain$0

Holders Revenue 7d$486,126

zkLighter$486,126

Robinhood Chain$0

Holders Revenue 24h$37,233

zkLighter$37,233

Robinhood Chain$0

Cumulative Holders Revenue$27.46m

zkLighter$27.46m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$65.12m

$4.17m

$870,449

$88,947

$60.13m

DEX Volume 30d$450.72m
DEX Volume 30d by chain

zkLighter$314.8m

Robinhood Chain$135.92m

DEX Volume 7d$122.91m

zkLighter$70.39m

Robinhood Chain$52.53m

DEX Volume 24h$5.98m

zkLighter$3.94m

Robinhood Chain$2.04m

Cumulative DEX Volume$11.743b

zkLighter$7.243b

Arbitrum$4.361b

Robinhood Chain$138.34m

Perp Volume 30d$50.708b
Perp Volume 30d by chain

zkLighter$41.949b

Robinhood Chain$8.759b

Perp Volume 7d$10.864b

zkLighter$8.35b

Robinhood Chain$2.514b

Perp Volume 24h$1.161b

zkLighter$889.36m

Robinhood Chain$271.75m

Cumulative Perp Volume$1.794t

zkLighter$1.785t

Robinhood Chain$8.959b

$1.448b

Market Cap$1.115b

$LIT Price$4.46

All Time High$7.86

All Time Low$0.78

View $LIT token page

$4.461b

$3.345b

$LIT Volume 24h$118.36m

CEX Volume$102.14m

DEX Volume$17.72m(14.97% 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.

WebsiteTwitter
Categories:BridgeDerivativesDexs
Products:

User Activity

Active Addresses (24h)12,073

New Addresses (24h)490

Transactions (24h)1.18m

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 $697.82m in total value locked. TVL has increased 32.6% 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 88.2%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.47m in fees. Of that, $4.17m was protocol revenue. Based on the trailing year, the annualized rate is $84.49m in fees and $65.12m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $4.46. Its circulating market capitalization is $1.115b, ranking it #91. Its fully diluted valuation is $4.461b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is down 6.8% over the past 7 days and up 97.2% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 43.3% 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 $450.72m in DEX volume over the past 30 days.