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Lighter fees and referral overview

Ethereum ZK rollup · Order book · Last checked October 22, 2026

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What is Lighter?

Lighter is an order book PERP DEX running on a dedicated ZK rollup on Ethereum. Matching and liquidations are verified with ZK proofs, and Standard accounts for regular users pay 0% maker and taker fees. It accepts deposits from many networks, so funding it from a centralized exchange is easy.

Referral code COGALL — 10% off fees (Weekly rebate on paid (Premium) account fees). Standard accounts already pay 0% fees, so the discount has no effect there. On a Premium account, 10% of your fees are rebated weekly, and your first week of Premium fees is refunded.
Chain / settlementEthereum ZK rollup
Trading modelOrder book — Order book verified with ZK proofs
Base feesMaker 0% · Taker 0% (0% on Standard accounts, with a 300ms delay on taker orders. Premium accounts pay 0.004% maker and 0.028% taker)
Referral benefit10% off fees (Weekly rebate on paid (Premium) account fees)
Referral codeCOGALL
Max leverageUp to 50x
Markets214 perpetual futures + 12 spot
CollateralUSDC (multi-asset margin, including ETH)
How to depositDeposit from many networks to one unified address, including Ethereum, Arbitrum, Base, Optimism, Polygon, BNB, Solana, Tron (USDT) and Bitcoin
Identity verification (KYC)You connect a wallet, so there is no identity verification at sign-up
TokenLIT
Points / airdropWeekly points live on the Robinhood Chain deployment (since 2026-08-10)
Trading volume24h about $2.3B (#3), 30d about $65.8B — CoinGecko, DefiLlama, 2026-10-22

Features

  • 0% fees on Standard accounts (300ms taker delay)
  • Fills and liquidations verified with ZK proofs
  • Escape hatch to withdraw funds to Ethereum L1 if operations halt
  • Deposit directly from many chains

Things to watch

  • Centralized sequencer
  • Per L2BEAT, contracts can be upgraded instantly with no exit window (Stage 0)
  • The referral discount only matters for paid accounts

How to get started on Lighter

  1. Set up an EVM wallet (MetaMask, Rabby, etc.).
  2. Deposit from many networks to one unified address, including Ethereum, Arbitrum, Base, Optimism, Polygon, BNB, Solana, Tron (USDT) and Bitcoin
  3. Click 'Sign up' on this page and connect your wallet. If you see a referral code field, paste COGALL.
  4. Once your deposit arrives, set low leverage and start trading with a stop-loss order.

Sources: Fees · Referral program · Deposits & withdrawals · L2BEAT

Compare with other PERP DEXs

ExchangeChainMakerTakerReferral benefit
LighterEthereum ZK rollup0%0%10% off · Weekly rebate on paid (Premium) account fees
HyperliquidOwn L10.015%0.045%4% off · On your first $25M of volume
AsterAster Chain0%0.04%5% off · Referral code fee rebate
GMXArbitrum, Avalanche0.04%0.06%5% off · Up to 10% depending on referrer tier
RISExRISE Chain0.01%0.03%Invite access · Gated mainnet, invite required

Lighter FAQ

What are Lighter's fees?

Lighter's base-tier perpetual futures fees are maker 0% and taker 0%. 0% on Standard accounts, with a 300ms delay on taker orders. Premium accounts pay 0.004% maker and 0.028% taker. Sign up with a referral code and you get 10% off, bringing fees to maker 0% and taker 0%.

What is the Lighter referral code benefit?

10% off fees (Weekly rebate on paid (Premium) account fees). Standard accounts already pay 0% fees, so the discount has no effect there. On a Premium account, 10% of your fees are rebated weekly, and your first week of Premium fees is refunded.

Does Lighter require KYC (identity verification)?

You connect a wallet, so there is no identity verification at sign-up.

How do I deposit on Lighter?

Deposit from many networks to one unified address, including Ethereum, Arbitrum, Base, Optimism, Polygon, BNB, Solana, Tron (USDT) and Bitcoin.