Ask about Lighter
Logo of LighterLighter(LIT)
Total Value Locked$697.47m

TVL by Chain

Ethereum$614.93m

Robinhood Chain$82.54m

Arbitrum$2,099

Key Metrics

Fees 30d$5.44m
Fees 30d by chain

zkLighter$4.15m

Robinhood Chain$1.29m

Fees 7d$924,593

zkLighter$581,732

Robinhood Chain$342,861

Fees 24h$97,513

zkLighter$59,205

Robinhood Chain$38,308

Cumulative Fees$78.01m

zkLighter$76.68m

Robinhood Chain$1.33m

Revenue 30d$4.14m
Revenue 30d by chain

zkLighter$3.1m

Robinhood Chain$1.04m

Revenue 7d$776,417

zkLighter$468,074

Robinhood Chain$308,343

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$3.02m
Holders Revenue 30d by chain

zkLighter$3.02m

Robinhood Chain$0

Holders Revenue 7d$441,238

zkLighter$441,238

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

$4.14m

$776,417

$88,947

$60.13m

DEX Volume 30d$472.61m
DEX Volume 30d by chain

zkLighter$323.69m

Robinhood Chain$148.91m

DEX Volume 7d$129.98m

zkLighter$66.9m

Robinhood Chain$63.08m

DEX Volume 24h$22.93m

Robinhood Chain$13.11m

zkLighter$9.82m

Cumulative DEX Volume$11.766b

zkLighter$7.253b

Arbitrum$4.361b

Robinhood Chain$151.44m

Perp Volume 30d$52.563b
Perp Volume 30d by chain

zkLighter$43.62b

Robinhood Chain$8.942b

Perp Volume 7d$12.2b

zkLighter$9.487b

Robinhood Chain$2.713b

Perp Volume 24h$2.567b

zkLighter$2.056b

Robinhood Chain$510.24m

Cumulative Perp Volume$1.797t

zkLighter$1.787t

Robinhood Chain$9.469b

$1.488b

Market Cap$1.096b

$LIT Price$4.38

All Time High$7.86

All Time Low$0.78

View $LIT token page

$4.385b

$3.285b

$LIT Volume 24h$117.81m

CEX Volume$100.06m

DEX Volume$17.02m(14.45% 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 $697.47m 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 $5.44m in fees. Of that, $4.14m 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 $4.38. Its circulating market capitalization is $1.096b, ranking it #93. Its fully diluted valuation is $4.385b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is down 6.9% over the past 7 days and up 94.3% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 44.3% 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 $472.61m in DEX volume over the past 30 days.