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
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | |
|---|---|---|---|---|---|
| Gross Gross | 4,120.9% | 4,120.9% | 4,120.9% | 4,120.9% | 4,120.9% |
| 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 | 4,120.9% | 4,120.9% | 4,120.9% | 4,120.9% | 4,120.9% |
Fees are internalised for this vault and already removed from the gross profit.
About the vault
Protocol-operated liquidity and insurance pool that provides market-making liquidity and handles liquidations on Lighter.
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.
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 | #7 | #5 | #1 | #1 | #1 | #1 |
| Ranking on Lighter | #2 | #2 | #1 | #1 | #1 | #1 |
| Ranking on Lighter | #2 | #2 | #1 | #1 | #1 | #1 |
| CAGR (net) | 7,462.8% | 4,120.9% | 4,120.9% | 4,120.9% | 4,120.9% | 4,120.9% |
| CAGR (gross) | 7,462.8% | 4,120.9% | 4,120.9% | 4,120.9% | 4,120.9% | 4,120.9% |
| Returns (net) | 8.6% | 31.9% | 31.9% | 31.9% | 31.9% | 31.9% |
| Returns (gross) | 8.6% | 31.9% | 31.9% | 31.9% | 31.9% | 31.9% |
| Sharpe ratio | 9.05 | 6.99 | 6.99 | 6.99 | 6.99 | 6.99 |
| Max drawdown | -1.5% | -6.8% | -6.8% | -6.8% | -6.8% | -6.8% |
| Volatility | 49.1% | 55.9% | 55.9% | 55.9% | 55.9% | 55.9% |
| TVL low | $304.83K | $99.91 | $99.91 | $99.91 | $99.91 | $99.91 |
| TVL high | $334.39K | $334.39K | $334.39K | $334.39K | $334.39K | $334.39K |
| Share price start (USDG) | 0.00123087 | 0.00101406 | 0.00101406 | 0.00101406 | 0.00101406 | 0.00101406 |
| Share price end (USDG) | 0.00133726 | 0.00133726 | 0.00133726 | 0.00133726 | 0.00133726 | 0.00133726 |
| Period data availability | 8 days | 28 days | 28 days | 28 days | 28 days | 28 days |
| Period start | 2026-07-18 | 2026-06-28 | 2026-06-28 | 2026-06-28 | 2026-06-28 | 2026-06-28 |
| Period end | 2026-07-25 | 2026-07-25 | 2026-07-25 | 2026-07-25 | 2026-07-25 | 2026-07-25 |
Technical Details
| Vault name | LLP |
| Vault address | lighter-pool-robinhood-281474976710654 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDG = $0.999488 fetched |
| Share token | LLP |
| Protocol | Lighter |
| Homepage | View vault on protocol website |
| Current TVL | 331,591.66 USDG |
| Peak TVL | 334,387.616 USDG |
| Last share price | 0.001 USDG |
| Last updated | |
| Last updated block | 0 |
| Data refreshed at | |
| Data starts | 2026-06-28 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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