Ripe

Lighter on Robinhood

PerpsWe farm it

Lighter perpetual futures accessed through Robinhood Wallet, with user funds held in Lighter smart contracts on Robinhood Chain.

Go to Lighter on Robinhood

What it is

  • Trade Lighter perps from inside Robinhood Wallet; Robinhood acts only as a technology provider
  • Margin is USDG deposited into a Lighter smart contract on Robinhood Chain
  • Non-custodial: every deposit, trade and withdrawal is signed on your device
  • Isolated or cross margin, with funding paid peer to peer every hour
  • Lighter on Robinhood Chain Points: real-time points plus a weekly drop on Fridays

MeLong score

8.1 of 10

Seven criteria on a scale of 10, the fee and market numbers computed from the data. Compare it with other perp DEXs only. How we score

Taker
0%
Maker
0%
Volume a day
$606M
Open interest
$193M
Rewards 8.0
Weekly points paid from an 11M LIT pool, 2x in Robinhood Wallet
Taker fee 10.0
No taker fee is a 10, 0.07% or more is a 1. A venue that earns from the spread tops out at 7.
Volume 7.3
Average a day: $5M is a 1, $5B is a 10, on a log scale. Volume past ten times open interest does not count.
Safety 6.0
Live since Jul 2026; Robinhood calls the contract audited, auditor unnamed
Open interest 7.9
$1M is a 1, $1B is a 10, on a log scale. Harder to farm than volume.
Ease 10.0
Inside the Robinhood Wallet app, stocks next to crypto; each trade signed
Access 6.0
No invite, but closed to US, UK, Canada, China, Switzerland, UAE and more
Compare all perp DEXs

How to start

  1. Open perpetual futures in Robinhood Wallet
  2. Deposit USDG margin into the Lighter trading contract on Robinhood Chain
  3. Pick a contract, margin mode, direction and leverage
  4. Choose market or limit, add take-profit or stop-loss if you want, and sign
  5. Close the position, then withdraw margin back to your wallet

Live campaigns

Risks to know

With cross margin, Lighter can liquidate all cross positions after losses, and a full liquidation loses the deposited margin. Points are set at Lighter's discretion and can change or stop at any time. Delisted contracts close open positions at the mark price.

Security record

No security incidents found in our check of Oct 30, 2026.

More in Perps

All farms
Sources 11

Facts from the official sources above.

Go to Lighter on Robinhood