Open interest$1.07BVolume 24h$603.3MTPS1,513Active accounts12,016last full dayLIT staked107.05M45.7% of circ.

Lighter Liquidity Provider

LLP#281474976710654
as of 10:29:08 UTCDeposit on Lighter(opens Lighter in a new tab)

LLP is a community-owned and protocol-run pool that provides liquidity to Lighter, runs market making strategies, and handles liquidations.

Depositing needs staked LIT: up to 10 USDC per LIT staked.

TVL
$67.21M
188 open positions
APR · 30 days
+20.6%
share-price growth, annualised
APR · all time
+155.3%
since Jan 16, 2025
Sharpe
3.88
Lighter lists +12.9% APY
Last day
−0.00%
Sep 12, 2026

Performance

daily, UTC · all time
+256.95% · +155.3% APR

Growth of $1

deposited Jan 16, 2025 · axis is not zero-based
$3.779
$2.784
$1.789
$0.794

Daily return

as Lighter reports it
+9.63%
0.0000%
−7.44%

If you had deposited

backtest on share price
From
Deposited
Jun 14, 2026
$10,000
Worth today
Sep 12, 2026
$10,331
Gain
+3.31% over 90 days
+$331
Annualised
simple APR
+13.4%
Worst drawdown
Aug 28 → Sep 8
-0.42%

Past share price, not a forecast. Deposits need 0.1 LIT staked per USDC; that cost is not modelled.

Value of the deposit

Jun 14, 2026 → Sep 12, 2026
$10.4K
$10.2K
$10.1K
$10.0K

Open positions

188
long $3.48Mnet −$4.80Mshort $8.28M
Unrealised PnL
+$27,940
SideMark
XAU20×SHORT$1.34M308.094,445.524,349.84+$29,478+2.20%−$5,192
US50020×SHORT$1.24M162.887,644.107,605.20+$6,336+0.51%−$287
SPY20×LONG$1.02M1,338.38763.28759.57−$4,965−0.49%+$221
ETH20×SHORT$971.8K392.072,530.162,478.63+$20,204+2.08%−$2,660
USDCHF20×LONG$955.0K1,174,641.700.80560.8130+$8,692+0.91%−$1,893
OPENAI5.0×SHORT$722.5K481.551,325.931,500.37−$84,001−11.63%−$628
NZDUSD20×SHORT$575.5K989,889.500.58580.5814+$4,356+0.76%−$87
AUDUSD20×SHORT$567.6K791,522.300.72190.7171+$3,776+0.67%−$100
USDKRW20×SHORT$472.4K352.061,434.411,341.85+$32,586+6.90%−$19,632
ANTHROPIC5.0×SHORT$471.5K221.002,158.702,133.60+$5,547+1.18%−$269
USDCAD20×LONG$469.9K340,526.701.37811.38+$664+0.14%+$678
EURUSD20×SHORT$442.5K381,206.401.16321.1609+$873+0.20%
US10Y20×SHORT$308.6K3,140.2698.4698.27+$597+0.19%−$1,142
PAXG8.0×LONG$240.7K55.354,366.674,349.11−$972−0.40%+$2,250
USDJPY20×LONG$222.4K1,449.39153.495153.475−$29−0.01%
WTI20×LONG$162.1K1,686.43100.35996.141−$7,113−4.39%−$1,150
TSM10×SHORT$159.2K370.67432.58429.44+$1,164+0.73%−$472
US10020×SHORT$129.3K4.445229,190.0029,078.00+$498+0.39%−$119
WHEAT20×SHORT$106.3K14,723.937.05817.2205−$2,391−2.25%+$985
NATGAS10×SHORT$70.6K24,020.732.91962.9396−$480−0.68%−$1,697
XCU20×SHORT$63.4K9,709.946.63186.526+$1,027+1.62%−$158
RAY5.0×SHORT$50.2K33,422.241.59761.5024+$3,182+6.34%−$82
STRC5.0×LONG$48.5K494.3797.62898.176+$271+0.56%−$62
JTO3.0×LONG$40.3K94,254.100.41380.4275+$1,288+3.20%−$67
QQQ20×LONG$39.4K55.68709.04708.04−$56−0.14%+$0

Liquidation fees

charged on liquidations, exchange-wide · the LLP handles liquidations
last 90 days
$328.8K
$219.2K
$109.6K
$0.00
$304.4K
$252.00

Public pools

17 over $10K · 336 in all · run by traders, who keep a cut of profits
as of 10:14:16 UTC
#PoolFeeOperator
1Lighter Liquidity Provider (LLP)LLP$67.21M+12.9%3.880%Jan 17, 2025protocol
2Edge & Hedge (L/S Factors)$2.01M+14.5%1.0220%Sep 18, 20250x4262…Af8c
3NYP- Not YOUR pool$808.4K+15.3%0.5210%Jan 12, 20260xB322…D51f
5BTC vs ALTS and NEWS/DIPS$410.1K+12.4%1.6920%Oct 8, 20250xEE8E…C731
6Insertive Capital (@onchainquant)$261.4K−83.7%0.5925%Oct 29, 20250xa5Fd…15Ff
7pmalt$195.4K+33.4%0.9920%May 7, 20260x6995…F19E
8Candle Effect v2$110.9K+27.5%7.5730%May 21, 20260xfA95…C9E6
9Guinea Pool$104.0K+82.0%0.3130%Aug 23, 20250x423c…a411
10FLEXIBLE POOL$87.1K+370.2%1.0710%Oct 15, 20250x4708…8fDf
11Steady Wealth Builder$48.2K+88.2%8.6420%May 7, 20260xf139…00e0
12Experimental Liquidity Provider (XLP)PROTOCOL$40.4K−1.4%-0.620%Sep 23, 2025protocol
13K Pool$35.8K+267.8%1.9120%Sep 24, 20250xe698…085D
14NK pool$13.7K+315.3%0.8225%Sep 20, 20250x0AE4…fB65
16Christ is King$10.1K+8.9%1.0110%Aug 19, 20260xe83E…58f9
17Silentist$10.0K+4.8%0.3417%Nov 13, 20250xED0A…12e1

TVL is the pool’s perps account plus its spot holdings. APY and Sharpe are Lighter’s own figures from each pool’s share price; as in Lighter’s app, APY is not shown under $1K TVL. The fee is the operator’s cut of profits.