Lighter Robinhood

Lighter’s Perpetual DEX is now live on Robinhood Chain, and to celebrate, they have allocated an airdrop prize pool of 11 million $LIT tokens, worth around $30 million at the time of writing. Trades settle onchain, while retail traders using Standard Accounts pay 0% maker and 0% taker fees. Trade perpetuals, earn Lighter Points, and compete for your share of the $LIT rewards.

🪂 Trade with 0% Fees and Earn Points for 11 Million $LIT

Trade crypto and RWA markets to earn Lighter Points that convert directly into $LIT from the 11 million token reward pool, with two ways to increase your total:

• Earn 2x points by trading perpetuals through Robinhood Wallet.

• Earn 10% of your referrals’ points when friends trade with your code.

Points are awarded in real time, with weekly point drops every Friday starting August 21. Lighter can adjust how points are calculated, and no fixed conversion rate has been published.

What is Lighter?

Lighter is an onchain order book DEX for perpetual futures and spot trading across crypto and RWA markets. Traders can access crypto such as $BTC, $ETH, $SOL and $LIT, as well as equities, ETFs and indices, FX, commodities, bonds and other markets, with examples including SPY, QQQ, NVDA, AAPL, SLV and USO. Its main DEX runs on Lighter’s Ethereum Layer 2.

Standard Accounts pay 0% maker and 0% taker fees. Premium Accounts provide lower-latency execution, with fees starting at 0.0120% maker and 0.0350% taker below $1 million in 14-day volume and decreasing at higher volumes. See the full Robinhood Chain fee schedule.

The company is based in Miami, Florida and led by founder and CEO Vladimir Novakovski. Lighter has raised close to $90 million from investors including Founders Fund, Ribbit Capital, Haun Ventures and Robinhood, and has undergone several security audits.