Lighter Robinhood Liquidity Provider (LLP)
View on Lighter Update infoProtocol-operated liquidity and insurance pool that provides market-making liquidity and handles liquidations on Lighter.
Share token price
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 1,284.5% | 3,149.6% | 3,149.6% | 3,149.6% | 3,149.6% | |
| 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 | 1,284.5% | 3,149.6% | 3,149.6% | 3,149.6% | 3,149.6% |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
About the vault
Protocol-operated liquidity and insurance pool that provides market-making liquidity and handles liquidations on Lighter.
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).
CORE3 risk rating
C View more View less
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.
Notes
Lighter Liquidity Provider (LLP) on Robinhood Chain is the USDG-denominated protocol insurance fund for Robinhood Wallet perpetual futures.
During partial liquidations, the protocol can send a liquidation fee of up to 1% to LLP. During full liquidations, LLP can take over the remaining positions. The pool therefore carries market-making and liquidation risk and is not equivalent to holding USDG directly.
Robinhood's public documentation does not state that the Ethereum LLP's LIT staking access rule applies to this deployment, so the Ethereum USDC/LIT requirements are intentionally not repeated here.
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #80 | #37 | #3 | #3 | #3 | #3 |
| Ranking on Lighter | #5 | #3 | #1 | #1 | #1 | #1 |
| Ranking on Lighter | #5 | #3 | #1 | #1 | #1 | #1 |
| CAGR (net) | 8,642.6% | 1,284.5% | 3,149.6% | 3,149.6% | 3,149.6% | 3,149.6% |
| CAGR (gross) | 8,642.6% | 1,284.5% | 3,149.6% | 3,149.6% | 3,149.6% | 3,149.6% |
| Returns (net) | 8.9% | 24.1% | 65.7% | 65.7% | 65.7% | 65.7% |
| Returns (gross) | 8.9% | 24.1% | 65.7% | 65.7% | 65.7% | 65.7% |
| Sharpe ratio | 13.10 | 6.51 | 7.28 | 7.28 | 7.28 | 7.28 |
| Max drawdown | -0.6% | -8.0% | -8.0% | -8.0% | -8.0% | -8.0% |
Technical Details
| Vault name | Lighter Robinhood Liquidity Provider (LLP) |
| Vault address | lighter-pool-robinhood-281474976710654 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDG = $0.999942 fetched |
| Share token | Lighter Ro |
| Protocol | Lighter |
| Homepage | View vault on protocol website |
| Current TVL | 1,729,642.318 USDG |
| Peak TVL | 1,737,749.662 USDG |
| Last share price | 0.002 USDG |
| Last updated | |
| Last updated block | 0 |
| Data refreshed at | |
| Data starts | 2026-07-01 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 |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter