Lighter Liquidity Provider (LLP)
View on LighterLLP is a community-owned and protocol-run pool that provides liquidity to Lighter, runs market making strategies, and handles liquidations.
Share token price
Other metrics
Returns
| 1 month | 3 month | Lifetime | |
|---|---|---|---|
| Gross | 10.2% ann 0.8% abs | 9.3% ann 2.2% abs | 196.2% ann 238.3% abs |
| Net | 10.2% ann 0.8% abs | 9.3% ann 2.2% abs | 196.2% ann 238.3% abs |
Fees
| Management | Performance | Deposit | Withdraw | |
|---|---|---|---|---|
| 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).
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #196 | #103 | #132 | #125 | #43 | #28 |
| Ranking on Lighter | #8 | #8 | #8 | #9 | #7 | #5 |
| Ranking on Lighter | #8 | #8 | #8 | #9 | #7 | #5 |
| CAGR (net) | 6.0% | 10.2% | 9.3% | 11.0% | 77.3% | 196.2% |
| CAGR (gross) | 6.0% | 10.2% | 9.3% | 11.0% | 77.3% | 196.2% |
| Returns (net) | 0.1% | 0.8% | 2.2% | 5.3% | 75.8% | 238.3% |
| Returns (gross) | 0.1% | 0.8% | 2.2% | 5.3% | 75.8% | 238.3% |
| Sharpe ratio | 3.85 | 4.76 | 7.13 | 1.34 | 4.29 | 4.55 |
| Max drawdown | -0.2% | -0.3% | -0.3% | -5.3% | -5.3% | -8.9% |
| Volatility | 1.5% | 2.0% | 1.2% | 8.0% | 13.6% | 24.5% |
| TVL low | $225.48M | $225.48M | $225.48M | $138.58M | $1.26M | $0.00 |
| TVL high | $262.71M | $384.14M | $700.30M | $700.30M | $700.30M | $700.30M |
| Share price start (USDC) | 0.0033795 | 0.00335651 | 0.00331014 | 0.00321363 | 0.00192421 | 0.001000 |
| Share price end (USDC) | 0.00338328 | 0.00338328 | 0.00338328 | 0.00338328 | 0.00338328 | 0.00338328 |
| Period start | 2026-02-23 | 2026-01-31 | 2025-12-02 | 2025-09-03 | 2025-03-07 | 2025-01-16 |
| Period end | 2026-03-02 | 2026-03-02 | 2026-03-02 | 2026-03-02 | 2026-03-02 | 2026-03-02 |
Technical Details
| Vault name | Lighter Liquidity Provider (LLP) |
| Vault address | lighter-pool-281474976710654 |
| Chain | Lighter (9998) |
| Denomination | USDC (0x0000000000000000000000000000000000000000) |
| Share token | Lighter Li (lighter-pool-281474976710654) |
| Protocol | Lighter |
| Homepage | View vault on protocol website |
| Current TVL | 227,216,588.111 USDC |
| Peak TVL | 700,303,569.741 USDC |
| Last share price | 0.003 USDC |
| Last updated | |
| Last updated block | 0 |
| Data starts | 2025-01-16 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | lighter_native |
| Flags | perp_dex_trading_vault |
| Deposit status | Open |
| Redemption status | Open |
| Deposit events | 1 |
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