Lighter Ethereum Liquidity Provider (LLP)
View on Lighter Update infoLLP 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
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
Running on Lighter protocol
This vault is running on Lighter:
Native perpetual trading pools on Lighter DEX (ZK-rollup).
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
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| 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 ratio | 19.15 | 9.52 | 8.06 | 6.92 | 1.96 | 3.91 |
| Max drawdown | -0.1% | -0.1% | -0.2% | -0.4% | -5.3% | -8.9% |
Technical Details
| Vault name | Lighter Ethereum Liquidity Provider (LLP) |
| Vault address | lighter-pool-281474976710654 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | Lighter Et |
| Protocol | Lighter |
| Homepage | View vault on protocol website |
| Current TVL | 82,943,110.329 USDC |
| Peak TVL | 700,303,569.741 USDC |
| Last share price | 0.004 USDC |
| Last updated | |
| Last updated block | 0 |
| Data refreshed at | |
| Data starts | 2025-01-19 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | lighter_native |
| Flags | perp_dex_trading_vault |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
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