Lighter 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
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | |
|---|---|---|---|---|---|
| Gross Gross | 4.9% | 9.0% | 8.5% | 18.8% | 129.9% |
| 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 | 4.9% | 9.0% | 8.5% | 18.8% | 129.9% |
About the vault
LLP is a community-owned and protocol-run pool that provides liquidity to Lighter, runs market making strategies, and handles liquidations.
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%.
About 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.
About Lighter
This vault is running on Lighter:
Native perpetual trading pools on Lighter DEX (ZK-rollup).
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #57 | #367 | #160 | #161 | #66 | #10 |
| Ranking on Lighter | #9 | #10 | #11 | #10 | #10 | #2 |
| Ranking on Lighter | #9 | #10 | #11 | #10 | #10 | #2 |
| CAGR (net) | 15.7% | 4.9% | 9.0% | 8.5% | 18.8% | 129.9% |
| CAGR (gross) | 15.7% | 4.9% | 9.0% | 8.5% | 18.8% | 129.9% |
| Returns (net) | 0.3% | 0.4% | 2.2% | 4.1% | 18.8% | 247.8% |
| Returns (gross) | 0.3% | 0.4% | 2.2% | 4.1% | 18.8% | 247.8% |
| Sharpe ratio | 14.03 | 4.33 | 8.25 | 6.12 | 2.70 | 4.00 |
| Max drawdown | -0.0% | -0.2% | -0.2% | -0.5% | -5.3% | -8.9% |
| Volatility | 1.0% | 1.1% | 1.0% | 1.3% | 6.5% | 21.4% |
| TVL low | $65.97M | $65.97M | $65.97M | $65.97M | $44.84M | $0.00 |
| TVL high | $79.48M | $101.63M | $116.97M | $449.61M | $700.30M | $700.30M |
| Share price start (USDC) | 0.00346871 | 0.00346482 | 0.00340503 | 0.00334115 | 0.00292873 | 0.001000 |
| Share price end (USDC) | 0.00347844 | 0.00347844 | 0.00347844 | 0.00347844 | 0.00347844 | 0.00347844 |
| Period data availability | 8 days | 31 days | 91 days | 181 days | 366 days | 548 days |
| Period start | 2026-07-10 | 2026-06-17 | 2026-04-18 | 2026-01-18 | 2025-07-17 | 2025-01-16 |
| Period end | 2026-07-17 | 2026-07-17 | 2026-07-17 | 2026-07-17 | 2026-07-17 | 2026-07-17 |
Technical Details
| Vault name | Lighter Liquidity Provider (LLP) |
| Vault address | lighter-pool-281474976710654 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | Lighter Li |
| Protocol | Lighter |
| Homepage | View vault on protocol website |
| Current TVL | 65,966,702.737 USDC |
| Peak TVL | 700,303,569.741 USDC |
| Last share price | 0.003 USDC |
| Last updated | |
| Last updated block | 0 |
| Data refreshed at | |
| Data starts | 2025-01-16 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | lighter_native |
| Flags | perp_dex_trading_vault |
| Deposit status | Open |
| Redemption status | Open |
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