Lighter

About Lighter

Lighter (LIT) is the native token of Lighter, a decentralized trading venue built for fast, verifiable crypto trading. The platform serves users who want non-custodial order book access without handing control to a central exchange operator. It applies zero-knowledge proof technology to check order matching and liquidations while keeping execution efficient. Lighter runs as an application-specific ZK rollup connected to Ethereum. It handles orders off-chain for speed, then sends cryptographic proofs to verify exchange activity. The setup allows the platform to support heavy trading flow, low latency, and more transparent execution. The exchange also gives general retail users zero trading fees. Still, it can earn revenue through institutional API access and other platform services. That model targets active traders, market makers, and institutions that need scale with verifiable settlement. LIT supports governance, staking, fee discounts, and revenue-sharing features linked to protocol activity.