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.
Strategy categories: Liquidity provider, Market maker, Market making, Perpetual futures
Share token price
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 28.6% | 14.4% | 12.8% | 10.3% | 114.0% | |
| 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 | 28.6% | 14.4% | 12.8% | 10.3% | 114.0% |
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 | #108 | #222 | #237 | #230 | #173 | #24 |
| Ranking on Lighter | #10 | #11 | #11 | #14 | #15 | #6 |
| Ranking on Lighter | #10 | #11 | #11 | #14 | #15 | #6 |
| CAGR (net) | 43.4% | 28.6% | 14.4% | 12.8% | 10.3% | 114.0% |
| CAGR (gross) | 43.4% | 28.6% | 14.4% | 12.8% | 10.3% | 114.0% |
| Returns (net) | 0.7% | 2.1% | 3.4% | 6.1% | 10.3% | 252.7% |
| Returns (gross) | 0.7% | 2.1% | 3.4% | 6.1% | 10.3% | 252.7% |
| Sharpe ratio | 20.34 | 8.66 | 6.80 | 7.80 | 1.74 | 3.85 |
| Max drawdown | -0.0% | -0.4% | -0.4% | -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 | 67,387,417.096 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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