The pool will rebalance automatically such that it always has 3x leverage while being long ETH.

  • The value in this vault is down more than 95% of its peak. The vault is likely abandoned or facing issues.

Share token price

ETH 3x long
BTC
ETH

Other metrics

3M Sharpe
-1.3
3M volatility
147.1%
Age*
0.8 years
Maximum drawdown
-98.5%
CORE3 risk
C
Lockup period
5m
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross -100.0% -95.1% -99.0% -98.4% -98.4%
Performance fee Performance 0.0%0.0%0.0%0.0%0.0%
Management fee Management 0.0%0.0%0.0%0.0%0.0%
Deposit fee Deposit 0.0%0.0%0.0%0.0%0.0%
Withdrawal fee Withdrawal 0.0%0.0%0.0%0.0%0.0%
Net Net -100.0% -95.1% -99.0% -98.4% -98.4%

Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.

About the vault

The pool will rebalance automatically such that it always has 3x leverage while being long ETH

Running on Lighter protocol

This vault is running on Lighter:

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

View all Lighter vaults
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CORE3 risk rating

C
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Risk rating by CORE3 for Lighter. CORE3's Probability of Loss is a protocol-level risk measure. It does not assess the performance of this individual vault.

Probability of Loss 57.54
ConfidenceModerate
CORE3 rank #809
Data coverage73.3%
CategoryDecentralized Exchange
Market cap$845.5M

Risk score by category

Sub-scores run 0–100 — lower is better.

  • Security 24
  • Financial 40
  • Operational 32
  • Reputational 27
  • Regulatory 55
View full rating on the CORE3 website

Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall------------------
Ranking on Lighter------------------
Ranking on Lighter------------------
CAGR (net)-100.0%-100.0%-95.1%-99.0%-98.4%-98.4%
CAGR (gross)-100.0%-100.0%-95.1%-99.0%-98.4%-98.4%
Returns (net)-38.8%-60.5%-52.5%-89.7%-96.8%-96.8%
Returns (gross)-38.8%-60.5%-52.5%-89.7%-96.8%-96.8%
Sharpe ratio-13.88-8.73-1.30-1.78-1.20-1.20
Max drawdown-38.8%-61.2%-64.9%-92.3%-98.5%-98.5%

Technical Details

Vault nameETH 3x long
Vault addresslighter-pool-281474976710653
Chain Lighter (9998)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenETH 3x lon
ProtocolLighter
HomepageView vault on protocol website
Current TVL942.491 USDC
Peak TVL69,803.033 USDC
Last share price0 USDC
Last updated
Last updated block0
Data refreshed at
Data starts2025-08-05 00:00:00 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featureslighter_native
Flagsperp_dex_trading_vault
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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