Lighter LIT
ProtocolDerivativesRank 82
$3.08
−4.6% over 24h
Data as of Nov 2, 07:00 PM
Decentralized perpetual futures exchange built as a zero-knowledge rollup on Ethereum, making order matching and liquidations verifiable.
Where is Lighter’s price relative to its value?
CQuality: averageEstimated fair value
Current price
Gap to fair value
The gap to estimated value is public only for the 10 largest cryptos. For this one, it is in the analysis: estimated value, temperature, value curve and 4-year scenario.
Descriptive estimate based on past data. Not a recommendation to buy or sell, nor a price target.
Price since launch
€10,000 simulator: in the full analysis.See Lighter’s gap for free
Scenario (an assumption, not a forecast)
For this crypto, the value curve and the scenario (underlying trend and 4-year cycle) are reserved: 3 analyses of your choice a month with a free account, all of them with Pro.
- Since Dec 2025
- +13%
- All-time high (Sep 2026)
- $5.25 · −41%
Where the money goes
Over the last 12 months.
- Fees paid by users$77.3M
- Revenue kept by the protocol$61.3M
- Passed on to token holders$33.5M
Holders receive 55% of revenue, through token buybacks, burns or distributions to stakers.
Key metrics
Compared with the median of its sector (Derivatives).
| Metric | LIT | Median | Rank |
|---|---|---|---|
| Price / annual revenue | 15× | 14× | 6 of 8 |
| 1-year revenue growth | Reserved for the full analysis | −77% | Reserved for the full analysis |
| Net holder yield | Reserved for the full analysis | +3.4% | Reserved for the full analysis |
| 12-month dilution | Reserved for the full analysis | +6.9% | Reserved for the full analysis |
| 1-year volatility | Reserved for the full analysis | 98% | Reserved for the full analysis |
| Worst drop over 2 years | Reserved for the full analysis | — | Reserved for the full analysis |
| 12-month revenue | $61.3M | — | — |
| Current pace (3 months annualised) | Reserved for the full analysis | — | Reserved for the full analysis |
| Market cap | $769M | — | — |
Growth, net yield, dilution, volatility and rank in the sector: in the full analysis. See Lighter’s gap for free
CProject qualityAverage · 58/100 · regardless of priceSee details
- Real revenue28/35
$61.3M over 12 months
- Supply and dilution0/25
25% of tokens already in circulation
- Maturity8/15
1.5 years of history
- Liquidity and size15/15
Daily volume 9.3% of market cap, rank 82
- Price stability7/10
68 / 100
Revenue health
In the full analysis
In the full analysis
Price risk
In the full analysis
In the full analysis
Grade from A (very strong) to E (speculative) for Lighter. How it is calculated
Comparables
See the rankingSame sector (Derivatives), similar size.
Methodology and sources
Lighter’s fair value: normalised annual revenue × usual multiple (its own, blended with its sector’s if its history is short) ÷ circulating tokens.
Gap = price ÷ value − 1. Hot above +40%, warm above +15%, mild between −15% and +15%, cold below −15%, freezing below −40%.
Project summary written by Dibagger with the help of AI, from its public descriptions (CoinGecko, DefiLlama); official links taken from the same sources.
Prices updated every 30 minutes, revenue daily, computed on Nov 2, 07:00 PM. Methodology v3. Full methodology
This information describes a situation; it is not investment advice.