
Lighter
Lighter is a zero-fee perpetuals DEX on Ethereum where order matching and liquidations run inside a custom zk-rollup with up to 50x leverage.

What is Lighter?
Lighter is a decentralized perpetuals exchange running as a custom zero-knowledge rollup on Ethereum, where every fill, risk check, and liquidation is proven in ZK circuits and verified on L1. Retail traders pay zero fees, get up to 50x leverage, and trade more than 40 markets with millisecond matching. Backed by Founders Fund, Ribbit, and Haun Ventures, Lighter crossed multi-billion-dollar daily volume after its December 2025 token launch.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

