FM Terminal · Financial Move

Lighter (LIT)

Perp DEX com order book provado por zk em L2 próprio — matching verificável e taxa zero pro varejo.

FM on-chain score
+30bullish
proprietary read · up to 24h delayedlive score in the terminal →
  • smart money 77% comprada

A synthesis of derivatives, on-chain flow, smart money and social into one number from −100 to +100. Not financial advice — see the methodology.

Competes with

revenue 30d · public data up to 24h delayed
Hyperliquid logo
Hyperliquid
$59.49MP/F 25.4×
Lighter logo
Lighter
$4.17MP/F 19.1×
edgeX logo
edgeX
$3.47MP/F 1.1×
See the full sector: Decentralized Exchanges (9 tokens) →

Market

Daily snapshot · data up to 24h delayed
Price
$4.6
24h
+10.73%
Market cap
$1.15B
24h volume
$79.66M

Derivatives

data up to 24h delayed
Funding APR · 16 exch.
-0.24%
Taker buy pressure
47.6%
CVD (cum. delta)
−$13.08M
Open interest
$511.73M

Fundamentals

data up to 24h delayed
Revenue 30d
$4.17M
Revenue 12m
$60.13M
TVL
$697.20M
Mcap / annual revenue
19.1×

Full written thesis available in Portuguese for now — all data above is global.

Fundamental analysis

on the Financial Move blog · in Portuguese

Lighter (LIT): Vale a Pena? Análise Completa

O Lighter (LIT) é uma corretora descentralizada de contratos perpétuos construída como uma zk-rollup própria na Ethereum — a primeira em que o casamento de ordens e as liquidações são matematicamente provados, e não apenas prometidos. O varejo não paga taxa nenhuma, o dinheiro fica em contratos inteligentes na…

Tasso Lagoupdated Aug 01, 2026Read the full analysis