LighterLIT
Overview
What is Lighter?
Lighter is an app-specific zk-rollup (L2) purpose-built for order book trading. It operates its own chain with a custom execution environment, settling to Ethereum. The protocol supports perpetual futures and spot markets with sub-second finality and zero MEV.
How does Lighter work?
Lighter generates revenue through trading fees charged to takers on its on-chain order book. The protocol retains all fees as revenue.
Who governs Lighter?
Lighter team and investors own and govern the protocol. Lighter's investors include a16z, Lightspeed, Coatue, etc.
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.