LLP is a community-owned and protocol-run pool that provides liquidity to Lighter, runs market making strategies, and handles liquidations.

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Share token price

Vault
BTC
ETH

Other metrics

3M Sharpe
4.7
3M volatility
1.6%
Age*
1.2 years
Maximum drawdown
-8.9%
Protocol Technical Risk
Lockup period
5m
Denomination

Returns

1 month3 monthLifetime
Gross
9.8% ann
0.8% abs
7.6% ann
1.8% abs
171.6% ann
239.6% abs
Net
9.8% ann
0.8% abs
7.6% ann
1.8% abs
171.6% ann
239.6% abs

Fees

Manage­mentPerform­anceDepositWithdraw
Gross 0.0%0.0%0.0%0.0%
Net 0.0%0.0%0.0%0.0%

About the vault

LLP is a community-owned and protocol-run pool that provides liquidity to Lighter, runs market making strategies, and handles liquidations.

Notes

LLP (Lighter Liquidity Provider) is the protocol's community-owned market-making pool providing liquidity and handling liquidations on Lighter DEX.

Depositing into LLP requires staking LIT tokens at a 1:10 ratio (1 LIT staked per 10 USDC deposited). Staking ≥100 LIT waives withdrawal and transfer fees. If staked LIT does not fully cover the deposit, up to 3% or 100 USDC of the uncovered amount is returned daily to the user's balance.

Withdrawal cooldown is 5 minutes. Operator fee is 0%.

About Lighter

This vault is running on Lighter:

Native perpetual trading pools on Lighter DEX (ZK-rollup).

View all Lighter vaults

Performance metrics

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#81#124#166#918#60#26
Ranking on Lighter#10#9#6#8#7#4
Ranking on Lighter#10#9#6#8#7#4
CAGR (net)21.5%9.8%7.6%0.9%40.1%171.6%
CAGR (gross)21.5%9.8%7.6%0.9%40.1%171.6%
Returns (net)0.4%0.8%1.8%0.4%40.0%239.6%
Returns (gross)0.4%0.8%1.8%0.4%40.0%239.6%
Sharpe ratio19.8711.314.650.163.834.36
Max drawdown-0.0%-0.1%-0.5%-5.3%-5.3%-8.9%
Volatility1.0%0.8%1.6%7.8%8.9%23.5%
TVL low$67.59M$67.59M$67.59M$67.59M$11.89M$0.00
TVL high$81.22M$139.44M$556.54M$700.30M$700.30M$700.30M
Share price start (USDC)0.003383370.003370160.003335460.003381040.002425040.001000
Share price end (USDC)0.003396040.003396040.003396040.003396040.003396040.00339604
Period data availability8 days31 days91 days181 days366 days448 days
Period start2026-04-012026-03-092026-01-082025-10-102025-04-082025-01-16
Period end2026-04-082026-04-082026-04-082026-04-082026-04-082026-04-08

Technical Details

Vault nameLighter Liquidity Provider (LLP)
Vault addresslighter-pool-281474976710654
Chain Lighter (9998)
Denomination Circle USDC (USDC)
Share tokenLighter Li
ProtocolLighter
HomepageView vault on protocol website
Current TVL74,165,094.409 USDC
Peak TVL700,303,569.741 USDC
Last share price0.003 USDC
Last updated
Last updated block0
Data refreshed at
Data starts2025-01-16 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featureslighter_native
Flagsperp_dex_trading_vault
Deposit statusOpen
Redemption statusOpen
Deposit events1

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