Lighter

Meet Lighter

Lighter is a decentralized exchange for spot trading and perpetual futures, built on a custom zero-knowledge rollup connected to Ethereum. Traders can place market and limit orders, add stop-loss and take-profit instructions, and manage positions through its web interface or mobile apps. The protocol produces cryptographic proofs for order matching and liquidations so these operations can be verified on Ethereum.

Standard accounts pay no maker or taker fees on regular spot and perpetual orders, while advanced order types and other account tiers have their own fees. Unified Trading Accounts let eligible spot assets support perpetual positions as collateral. APIs and subaccounts also provide tools for traders who want to automate execution or separate strategies.