
Lighter fees and referral overview
Ethereum ZK rollup · Order book · Last checked October 22, 2026
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.
| Chain / settlement | Ethereum ZK rollup |
|---|---|
| Trading model | Order book — Order book verified with ZK proofs |
| Base fees | Maker 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 benefit | 10% off fees (Weekly rebate on paid (Premium) account fees) |
| Referral code | COGALL |
| Max leverage | Up to 50x |
| Markets | 214 perpetual futures + 12 spot |
| Collateral | USDC (multi-asset margin, including ETH) |
| How to deposit | Deposit 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 |
| Token | LIT |
| Points / airdrop | Weekly points live on the Robinhood Chain deployment (since 2026-08-10) |
| Trading volume | 24h 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
- Set up an EVM wallet (MetaMask, Rabby, etc.).
- Deposit from many networks to one unified address, including Ethereum, Arbitrum, Base, Optimism, Polygon, BNB, Solana, Tron (USDT) and Bitcoin
- Click 'Sign up' on this page and connect your wallet. If you see a referral code field, paste COGALL.
- 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
| Exchange | Chain | Maker | Taker | Referral benefit |
|---|---|---|---|---|
| Lighter | Ethereum ZK rollup | 0% | 0% | 10% off · Weekly rebate on paid (Premium) account fees |
| Hyperliquid | Own L1 | 0.015% | 0.045% | 4% off · On your first $25M of volume |
| Aster | Aster Chain | 0% | 0.04% | 5% off · Referral code fee rebate |
| GMX | Arbitrum, Avalanche | 0.04% | 0.06% | 5% off · Up to 10% depending on referrer tier |
| RISEx | RISE Chain | 0.01% | 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.