Product
The official site identifies Lighter as a decentralized exchange, with crypto perpetual trading as its first product.
Venue profile
An Ethereum L2 perpetual DEX with price-time-priority order matching verified by custom ZK proofs.
Documented details
Reviewed 2026-10-12
The official site identifies Lighter as a decentralized exchange, with crypto perpetual trading as its first product.
The official whitepaper describes an order-book L2 where price-time-priority matching and liquidations are verified with cryptographic proofs.
Lighter operates as a custom ZK rollup on Ethereum; the official site identifies Ethereum as its base and settlement layer.
Lighter's official API channel identifies its Robinhood Chain instance as a separate deployment of the same protocol; it is grouped here rather than listed as a second venue.
Check current terms on the official site before trading. Fees, leverage, markets, access, and collateral can change or depend on the account.