Trade perpetual futures on crypto and tokenized stocks with USDG, including inside Robinhood Wallet.

Official links: Website (lighter.xyz) · App (robinhoodchain.lighter.xyz) · @Lighter_xyz (x.com) · Docs (docs.lighter.xyz) · Discord (discord.gg) · Telegram (t.me) · DefiLlama (defillama.com)

What Lighter does

• Perps and stock-token trading on a Lighter instance built for Robinhood Chain
• USDG is the collateral and quote asset
• Built into Robinhood Wallet; wallet trades earn 2x points
• Order matching and liquidations are ZK-proven

Zero fees for retail traders; revenue comes from premium accounts paid by high-frequency firms. Crypto.news reports Robinhood and Lighter split this deployment's revenue 50/50.

Lighter is the chain's main perpetuals venue, running a zk-proved order book that settles through the zkLighter proxy contract — one of the busiest contracts on Robinhood Chain by transaction count. Matching and liquidations are verifiable rather than trusted, which is the point of the design: an operator cannot silently mis-fill or mis-liquidate. LONG() builds on it, wrapping Lighter positions into tradeable ERC-20 tokens.

• On Robinhood Chain since: 2026-07-01
• Founded: 2022
• Team: Founded in 2022 by Vladimir Novakovski.
• Token: $LIT
• Audits: Nethermind (and others listed)

Lighter news

• 2026-08-13 — Robinhood Wallet x Lighter launch 2x points program for perps traders
• 2026-07-06 — David Hoffman: Everything I know about Lighter's strategy after Robinhood Chain launch
• 2026-07-01 — Robinhood Wallet offers native perps powered by Lighter on Robinhood Chain

Lighter contracts on Robinhood Chain

• zkLighter 0x94bab9693ba2f6358507effcbd372b0660afff9d

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