Lighter vaults
About Lighter
Native perpetual trading pools on Lighter DEX (ZK-rollup).
The current listing contains $96.0M TVL in 26 vaults with a TVL-weighted average APY of 22.0% (annualised, last 30 days).
Lighter is a zero-fee perpetual futures DEX built as a ZK-rollup on Ethereum. It uses custom zero-knowledge circuits for verifiable order matching and liquidations, delivering low-cost, low-latency trading with cryptographic proofs.
Public pools allow operators to trade perpetuals using pooled funds from depositors. The main protocol pool is the LLP (Lighter Liquidity Pool), which provides market-making liquidity across all trading pairs.
All pools are denominated in USDC. Withdrawals have a 5-minute cooldown period.
Key features:
- Zero maker/taker fees for standard accounts
- Operators set per-pool performance fees (0-100%), deducted from PnL
- LLP protocol pool has 0% operator fee
- ZK-rollup on Ethereum with verifiable matching and liquidations
- 5-minute withdrawal cooldown period
- All pools denominated in USDC
CORE3 risk rating
C View more View less
Risk rating by CORE3 for Lighter. The rating applies to all vaults on this protocol.
26
vaults out of 5871 TVL $96M Avg. return 21.96% Stablecoin-only Updated
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The vaults on the listing are limited to the current category. See all vaults.
| 3M price | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Guinea Pool Lighter | >9,999% | 2,831.3% | 4.2% | 3.4 | 115.7% | -91.0% | USDC | $201.07K $5.31M | 1.1 | 0.0%/ 30.0% | 5m | Severe |  | ||
FLEXIBLE POOL Lighter | 1,076.6% | 5,181.5% | 127.7% | 4.4 | 102.0% | -61.5% | USDC | $127.55K $127.55K | 1.0 | 0.0%/ 10.0% | 5m | Severe |  | ||
Christ is King Lighter | 710.7% | --- | 29.4% | 3.9 | 59.0% | -9.5% | USDC | $145.79K $146.90K | 0.1 | 0.0%/ 10.0% | 5m | Severe |  | ||
Lighter Robinhood Liquidity Provider (LLP) Lighter | 282.6% | 1,028.3% | 99.5% | 6.7 | 37.2% | -8.0% | USDG | $2.03M $2.04M | 0.3 | 0.0%/ 0.0% | Instant | Severe |  | ||
Steady Wealth Builder Lighter | 261.1% | 184.2% | 55.9% | 13.2 | 7.9% | -3.2% | USDC | $72.33K $72.33K | 0.4 | 0.0%/ 20.0% | 5m | Severe |  | ||
Candle Effect v1 Lighter | 39.7% | --- | 2.9% | 18.7 | 1.7% | -0.1% | USDC | $10.35K $10.35K | 0.09 | 0.0%/ 30.0% | 5m | Severe |  | ||
Candle Effect v2 Lighter | 38.5% | 27.2% | 13.7% | 4.6 | 5.2% | -2.3% | USDC | $116.91K $116.91K | 0.3 | 0.0%/ 30.0% | 5m | Severe |  | ||
NK pool Lighter | 34.7% | 6,200.0% | 84.0% | 3.3 | 161.9% | -40.8% | USDC | $25.63K $25.63K | 1.0 | 0.0%/ 25.0% | 5m | Severe |  | ||
Lighter Ethereum Liquidity Provider (LLP) Lighter | 17.5% | 18.0% | 255.4% | 8.0 | 2.1% | -8.9% | USDC | $88.84M $700.30M | 1.7 | 0.0%/ 0.0% | 5m | Severe |  | ||
K Pool Lighter | 0.0% | 19.4% | 386.6% | 0.6 | 61.6% | -58.6% | USDC | $35.50K $716.69K | 1.0 | 0.0%/ 20.0% | 5m | Severe |  | ||
Better Than Yours Lighter | 0.0% | -83.1% | -6.6% | -3.4 | 49.0% | -39.4% | USDC | $17.32K $58.32K | 0.4 | 0.0%/ 30.0% | Private | Severe |  | ||
Algorithmic L/S | Big Brain Research Lighter | 0.0% | -7.2% | 1.6% | -0.4 | 15.1% | -26.4% | USDC | $12.61K $441.87K | 1.1 | 0.0%/ 20.0% | 5m | Severe |  | ||
BTC vs ALTS and NEWS/DIPS Lighter | 0.0% | 0.0% | 81.0% | 5.3 | 0.0% | -14.8% | USDC | $408.95K $531.56K | 1.0 | 0.0%/ 20.0% | 5m | Severe |  | ||
NYP- Not YOUR pool Lighter | 0.0% | -11.4% | -18.5% | 0.2 | 76.9% | -53.4% | USDC | $793.59K $1.89M | 0.7 | 0.0%/ 10.0% | 5m | Severe |  | ||
Experimental Liquidity Provider (XLP) Lighter | 0.0% | 0.0% | -51.4% | --- | 0.0% | -71.3% | USDC | $40.43K $736.60K | 1.0 | 0.0%/ 0.0% | 5m | Severe |  | ||
MHM Lighter | -9.6% | -17.9% | -12.4% | -2.5 | 7.7% | -13.3% | USDC | $43.43K $49.68K | 0.4 | 0.0%/ 20.0% | 5m | Severe |  | ||
PHP Trading Desk (BTC/USDC) Lighter | -11.2% | 3.4% | 4.2% | 0.3 | 20.0% | -11.8% | USDC | $14.21K $16.92K | 0.4 | 0.0%/ 0.0% | 5m | Severe |  | ||
Edge & Hedge (L/S Factors) Lighter | -32.0% | 4.1% | 31.6% | 0.3 | 32.9% | -26.3% | USDC | $1.64M $5.93M | 1.0 | 0.0%/ 20.0% | 5m | Severe |  | ||
Storm Lighter | -61.7% | -40.1% | -14.0% | -1.0 | 41.5% | -18.9% | USDC | $17.18K $19.50K | 0.2 | 0.0%/ 20.0% | 5m | Severe |  | ||
Alleged Alpha Lighter | -86.3% | -44.2% | -18.4% | -1.2 | 41.2% | -27.6% | USDC | $408.85K $666.71K | 0.6 | 0.0%/ 25.0% | 5m | Severe |  | ||
pmalt Lighter | -93.3% | -53.9% | -7.2% | -1.6 | 43.6% | -27.2% | USDC | $133.66K $444.63K | 0.4 | 0.0%/ 20.0% | 5m | Severe |  | ||
Insertive Capital (@onchainquant) Lighter | -99.4% | -95.9% | -27.3% | -1.9 | 126.8% | -82.6% | USDC | $157.30K $677.31K | 0.9 | 0.0%/ 25.0% | 5m | Severe |  | ||
Mid-HTF Trading (@stablealt) Lighter | -99.6% | -90.4% | -43.9% | -0.3 | 187.1% | -57.6% | USDC | $33.87K $61.33K | 0.2 | 0.0%/ 20.0% | 5m | Severe |  | ||
[ Systemic Strategies ] Peter Schiff's vault Lighter | -100.0% | -96.9% | -73.8% | -2.7 | 104.7% | -74.6% | USDC | $429.70K $918.55K | 0.6 | 0.0%/ 10.0% | 5m | Severe | ![[ Systemic Strategies ] Peter Schiff's vault 90 day price](https://vault-sparklines.tradingstrategy.ai/sparkline-90d-9998-lighter-pool-281474976622846.svg){kind=small} | ||
Nebula Trading Lighter | --- | --- | 0.0% | --- | 0.0% | 0.0% | USDC | $200.60K $200.60K | 0.003 | 0.0%/ 20.0% | 5m | Severe |  | ||
Syzygy Strategy Lighter | --- | --- | 9.1% | 10.0 | 23.2% | -0.6% | USDC | $12.84K $12.85K | 0.04 | 0.0%/ 9.0% | 5m | Severe |  |
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