Lighter
AutreRang #6Lighter is a decentralized exchange (DEX) built as a zero-knowledge (ZK) rollup on Ethereum, designed to deliver the performance of a centralized exchange with the security guarantees of on-chain settlement. Founded in 2022 by Vladimir Novakovski — a former Citadel engineer and founder of the AI-driven social network Lunchclub — Lighter operates as a Central Limit Order Book (CLOB) exchange with millisecond latency. The platform's custom ZK circuit handles high-performance order matching and liquidations directly on-chain, while an "Escape Hatch" mechanism guarantees users can always withdraw assets directly on Ethereum even in the event of sequencer failure. This non-custodial architecture ensures users retain full ownership of their funds at all times. Lighter offers perpetual futures, spot trading, and Real World Asset (RWA) markets including commodities (Gold), equities, and fixed income instruments. The exchange recently integrated with Telegram's Wallet, enabling perpetual futures trading for millions of users. Retail traders benefit from a zero-fee trading environment. Lighter has attracted backing from top-tier venture capital firms including a16z (Founders Fund), Lightspeed, Robinhood, Coinbase Ventures, Ribbit Capital, and Haun Ventures. By late 2025, the exchange reached a $1.5 billion valuation with TVL surpassing $816 million. The native Lighter Infrastructure Token (LIT) enables staking for premium features, governance, and ecosystem incentives.
Volume 24H
$657.47M
+15.06% (24h)
Volume 7J
$4.76B
-42.34% (7d)
30d Volume
$18.81B
-62.98% (30d)
Intérêt ouvert
$706.97M
Répartition du volume (24h)
Volume spot
$968.68K
Volume dérivés
$657.79M
Marchés de trading
155
Date de lancement
Dec 2022
Type d'exchange
other
Visites
748.5K
Actifs supportés
143
Volume History (30d)
Avg Daily Vol (30d)
$1.430B
Peak Daily Vol (30d)
$2.325B
Daily 24h volume over the last 30 days · Lighter
Open Interest History (30d)
Avg OI (30d)
$712.25M
Peak OI (30d)
$734.77M
Low OI (30d)
$695.59M
Daily open interest over the last 30 days · Lighter
About Lighter
Lighter is a decentralized exchange (DEX) built as a zero-knowledge (ZK) rollup on Ethereum, designed to deliver the performance of a centralized exchange with the security guarantees of on-chain settlement. Founded in 2022 by Vladimir Novakovski — a former Citadel engineer and founder of the AI-driven social network Lunchclub — Lighter operates as a Central Limit Order Book (CLOB) exchange with millisecond latency.
The platform's custom ZK circuit handles high-performance order matching and liquidations directly on-chain, while an "Escape Hatch" mechanism guarantees users can always withdraw assets directly on Ethereum even in the event of sequencer failure. This non-custodial architecture ensures users retain full ownership of their funds at all times.
Lighter offers perpetual futures, spot trading, and Real World Asset (RWA) markets including commodities (Gold), equities, and fixed income instruments. The exchange recently integrated with Telegram's Wallet, enabling perpetual futures trading for millions of users. Retail traders benefit from a zero-fee trading environment.
Lighter has attracted backing from top-tier venture capital firms including a16z (Founders Fund), Lightspeed, Robinhood, Coinbase Ventures, Ribbit Capital, and Haun Ventures. By late 2025, the exchange reached a $1.5 billion valuation with TVL surpassing $816 million. The native Lighter Infrastructure Token (LIT) enables staking for premium features, governance, and ecosystem incentives.