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

Lighter Ethereum Liquidity Provider (LLP)
BTC
ETH

Other metrics

3M Sharpe
8.1
3M volatility
1.9%
Age*
1.6 years
Maximum drawdown
-8.9%
CORE3 risk
C
Lockup period
5m
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 29.0% 16.5% 11.5% 11.8% 119.4%
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 29.0% 16.5% 11.5% 11.8% 119.4%

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

About the vault

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

Curated by Lighter

This vault is curated by Lighter.

Lighter is a zero-fee decentralised perpetuals exchange with verifiable order matching, operating the Lighter Liquidity Pool (LLP) protocol market making vault.

View all Lighter vaults

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$829.5M

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

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%.

Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#191#195#183#234#133#23
Ranking on Lighter#10#10#11#14#14#5
Ranking on Lighter#10#10#11#14#14#5
CAGR (net)86.7%29.0%16.5%11.5%11.8%119.4%
CAGR (gross)86.7%29.0%16.5%11.5%11.8%119.4%
Returns (net)1.2%2.1%3.8%5.5%11.8%251.3%
Returns (gross)1.2%2.1%3.8%5.5%11.8%251.3%
Sharpe ratio19.159.528.066.921.963.91
Max drawdown-0.1%-0.1%-0.2%-0.4%-5.3%-8.9%

Technical Details

Vault nameLighter Ethereum Liquidity Provider (LLP)
Vault addresslighter-pool-281474976710654
Chain Lighter (9998)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenLighter Et
ProtocolLighter
HomepageView vault on protocol website
Current TVL82,943,110.329 USDC
Peak TVL700,303,569.741 USDC
Last share price0.004 USDC
Last updated
Last updated block0
Data refreshed at
Data starts2025-01-19 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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