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Lighter(LIT)

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Total Value Locked$748.61m

TVL by Chain

Ethereum$637.95m

Robinhood Chain$110.66m

Arbitrum$2,099

Key Metrics

Fees 30d$5.75m
Fees 30d by chain

zkLighter$3.59m

Robinhood Chain$2.16m

Fees 7d$1.46m

zkLighter$902,947

Robinhood Chain$556,152

Fees 24h$418,916

zkLighter$291,104

Robinhood Chain$127,812

Cumulative Fees$82.99m

zkLighter$79.8m

Robinhood Chain$3.2m

Revenue 30d$4.73m
Revenue 30d by chain

zkLighter$2.76m

Robinhood Chain$1.97m

Revenue 7d$1.14m

zkLighter$640,671

Robinhood Chain$499,329

Revenue 24h$262,776

zkLighter$164,928

Robinhood Chain$97,848

Cumulative Revenue$64.21m

zkLighter$61.42m

Robinhood Chain$2.79m

Holders Revenue 30d$2.67m
Holders Revenue 30d by chain

zkLighter$2.67m

Robinhood Chain$0

Holders Revenue 7d$611,596

zkLighter$611,596

Robinhood Chain$0

Holders Revenue 24h$183,942

zkLighter$183,942

Robinhood Chain$0

Cumulative Holders Revenue$29.76m

zkLighter$29.76m

Robinhood Chain$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$64.74m

$4.73m

$1.14m

$262,776

$64.21m

DEX Volume 30d$701.42m
DEX Volume 30d by chain

Robinhood Chain$404.74m

zkLighter$296.68m

DEX Volume 7d$77.18m

zkLighter$58.31m

Robinhood Chain$18.88m

DEX Volume 24h$12.59m

zkLighter$8.36m

Robinhood Chain$4.23m

Cumulative DEX Volume$12.359b

zkLighter$7.494b

Arbitrum$4.361b

Robinhood Chain$503.98m

Perp Volume 30d$60.637b
Perp Volume 30d by chain

zkLighter$45.916b

Robinhood Chain$14.721b

Perp Volume 7d$15.372b

zkLighter$11.281b

Robinhood Chain$4.091b

Perp Volume 24h$3.489b

zkLighter$2.728b

Robinhood Chain$761.19m

Cumulative Perp Volume$1.849t

zkLighter$1.827t

Robinhood Chain$22.002b

$799.86m

Market Cap$889.5m

$LIT Price$3.55

All Time High$7.86

All Time Low$0.78

View $LIT token page

$3.558b

$2.663b

$LIT Volume 24h$245.6m

CEX Volume$221.36m

DEX Volume$34.95m(14.23% 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)20,827

New Addresses (24h)841

Transactions (24h)2.35m

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 $748.61m in total value locked. TVL has increased 10.5% 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 85.2%.

How much has Lighter generated in fees and revenue?

Over the past 30 days, Lighter generated $5.75m in fees. Of that, $4.73m was protocol revenue. Based on the trailing year, the annualized rate is $83.68m in fees and $64.74m in revenue.

What is the LIT token price and valuation?

LIT is currently trading at $3.55. Its circulating market capitalization is $889.5m, ranking it #115. Its fully diluted valuation is $3.558b. Supply currently stands at 250m circulating, 1b total supply, 1b maximum supply.

How has LIT performed recently?

LIT is down 5.4% over the past 7 days and down 29.8% over the past 30 days. Its all-time high is $7.86, reached on Dec 30, 2025. The token is currently 54.8% 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 $701.42m in DEX volume over the past 30 days.