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

šŸ†

Share token price

Other metrics

3M Sharpe
4.0
3M volatility
1.5%
Age*
1.2 years
Maximum drawdown
-8.9%
Protocol Technical Risk
Lockup period
5 minutes
Denomination

Returns

1 month3 monthLifetime
Gross
-2.4% ann
-0.2% abs
6.3% ann
1.5% abs
185.0% ann
237.3% abs
Net
-2.4% ann
-0.2% abs
6.3% ann
1.5% abs
185.0% ann
237.3% abs

Fees

ManageĀ­mentPerformĀ­anceDepositWithdraw
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#323#980#221#224#53#26
Ranking on Lighter#10#13#7#8#7#5
Ranking on Lighter#10#13#7#8#7#5
CAGR (net)4.1%-2.4%6.3%7.4%50.1%185.0%
CAGR (gross)4.1%-2.4%6.3%7.4%50.1%185.0%
Returns (net)0.1%-0.2%1.5%3.6%49.3%237.3%
Returns (gross)0.1%-0.2%1.5%3.6%49.3%237.3%
Sharpe ratio10.28-1.464.040.934.014.46
Max drawdown-0.0%-0.4%-0.5%-5.3%-5.3%-8.9%
Volatility0.4%1.7%1.5%8.0%10.3%24.1%
TVL low$117.70M$117.70M$117.70M$117.70M$5.74M$0.00
TVL high$139.44M$301.17M$700.30M$700.30M$700.30M$700.30M
Share price start (USDC)0.003370160.003379470.003322350.003255870.002259480.001000
Share price end (USDC)0.003372730.003372730.003372730.003372730.003372730.00337273
Period start2026-03-092026-02-142025-12-162025-09-172025-03-212025-01-16
Period end2026-03-162026-03-162026-03-162026-03-162026-03-162026-03-16

Technical Details

Vault nameLighter Liquidity Provider (LLP)
Vault addresslighter-pool-281474976710654
ChainLighter (9998)
DenominationUSDC (0x0000000000000000000000000000000000000000)
Share tokenLighter Li (lighter-pool-281474976710654)
ProtocolLighter
HomepageView vault on protocol website
Current TVL117,801,228 USDC
Peak TVL700,303,569.741 USDC
Last share price0.003 USDC
Last updated
Last updated block0
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

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter