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

Share token price

ETH 3x short
BTC
ETH

Other metrics

3M Sharpe
3.5
3M volatility
299.4%
Age*
0.8 years
Maximum drawdown
-76.3%
Protocol Technical Risk
Lockup period
5m
Denomination

Returns and fees

1M3M6M1YLifetime
Gross Gross >9,999% >9,999% 4,613.0% 532.3% 532.3%
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 >9,999% >9,999% 4,613.0% 532.3% 532.3%

About the vault

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

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------------------
Ranking on Lighter------------------
Ranking on Lighter------------------
CAGR (net)>9,999%>9,999%>9,999%4,613.0%532.3%532.3%
CAGR (gross)>9,999%>9,999%>9,999%4,613.0%532.3%532.3%
Returns (net)318.4%916.2%419.2%567.8%359.5%359.5%
Returns (gross)318.4%916.2%419.2%567.8%359.5%359.5%
Sharpe ratio15.368.663.482.581.921.92
Max drawdown-12.0%-20.2%-58.7%-76.3%-76.3%-76.3%
Volatility624.7%411.8%299.4%304.3%281.7%281.7%
TVL low$532.93$532.93$532.93$81.35$81.35$81.35
TVL high$1.79K$20.30K$20.30K$20.30K$40.53K$40.53K
Share price start (USDC)0.0001101080.00004533440.00008873110.00006899280.0001002710.000100271
Share price end (USDC)0.0004607070.0004607070.0004607070.0004607070.0004607070.000460707
Period data availability8 days31 days91 days181 days303 days303 days
Period start2026-05-272026-05-042026-03-052025-12-052025-08-052025-08-05
Period end2026-06-032026-06-032026-06-032026-06-032026-06-032026-06-03
CCC

CORE3 risk rating

Risk rating by CORE3 for Lighter. CORE3 Probability of Loss reflects the robustness of the underlying protocol and does not reflect the financial performance of an individual vault. View full rating on the CORE3 website.

Probability of Loss 56.95
ConfidenceLow
CORE3 rank #751
Data coverage73.3%
CategoryDecentralized Exchange
Market cap$550.2M

Risk score by category

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

  • Security 24
  • Financial 40
  • Operational 35
  • Reputational 27
  • Regulatory 55

Technical Details

Vault nameETH 3x short
Vault addresslighter-pool-281474976710652
Chain Lighter (9998)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenETH 3x sho
ProtocolLighter
HomepageView vault on protocol website
Current TVL1,785.021 USDC
Peak TVL40,525.68 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
Deposit statusOpen
Redemption statusOpen

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