# Lighter (LIT) (LIT) Perpetual — Live Price & How to Trade on Lighter | Lighterpedia > Live Lighter (LIT) (LIT) price, 24h change, volume, and open interest on Lighter DEX. How to trade the LIT crypto perp — zero-fee, USDC-margined, up to 5x lev Source: https://lighterpedia.com/markets/lit # Lighter (LIT) Perpetual · LIT Trade the **LIT perpetual** on [Lighter DEX](https://app.lighter.xyz/?referral=LIGHTERPEDIA) — zero-fee, USDC-margined, up to **5x leverage** on a fully verifiable ZK order book. [Trade LIT on Lighter →](https://app.lighter.xyz/?referral=LIGHTERPEDIA)[How to trade LIT](#how-to) Lighter (LIT) · LIT · Live … 24h High — 24h Low — 24h Volume — Open Interest — Funding — Fees (maker/taker) 0% / 0% zero-fee standard account Lighter (LIT) price · Lighter 1H4H1D1W Loading Lighter (LIT) chart… Live LIT candles from Lighter's public API. For trading, verify on [app.lighter.xyz](https://app.lighter.xyz/?referral=LIGHTERPEDIA). ## About Lighter (LIT) (LIT) The LIT perpetual is where Lighter’s own token trades on Lighter — live price, 24h change, funding and open interest below, with USDC margin and zero fees on standard accounts. ## Trading Lighter (LIT) Perpetuals on Lighter On Lighter, Lighter (LIT) trades as the **LIT** perpetual — no expiry, with collateral and PnL settled in USDC. Standard accounts pay **0% maker and taker fees**, and Lighter offers up to **5x leverage** on this market. Every fill is matched on a fully verifiable ZK order book, so matching and liquidations are proven rather than trusted — see [what Lighter DEX is](https://lighterpedia.com/ecosystem/what-is-lighter) for how that works. For what LIT actually does — staking, the LLP deposit gate, premium fee tiers and fee-funded buybacks — see [what the LIT token is](https://lighterpedia.com/ecosystem/what-is-the-lit-token). The July 2026 supply cut is covered separately in [the 15.5M LIT burn](https://lighterpedia.com/ecosystem/lighter-lit-token-burn-15-5-million). LIT is Lighter's own token, and it powers staking, premium fee tiers, and buybacks. Trading the perp is not the same as holding the token, so if you are weighing one against the other, start with [what the LIT token actually is](https://lighterpedia.com/ecosystem/what-is-the-lit-token) and then see how it fits the wider [points and airdrop picture](https://lighterpedia.com/ecosystem). ## How is the LIT perp different from owning Lighter (LIT)? Buying Lighter (LIT) spot means holding the asset, with custody and self-storage as your problem and your upside limited to price appreciation. The LIT perpetual is a different trade: you post USDC as margin, you take the price exposure without ever holding LIT, and you can go short as easily as long. There is no expiry to roll, which is what makes it perpetual, and funding payments between longs and shorts are what keep the contract tethered to spot. The trade-off is that leverage cuts both ways and a position can be liquidated, which never happens to spot you actually own. ## What should you know before trading LIT? The numbers that decide whether a LIT position survives are the margin ones, not the fee ones. Trading is free at 0% maker and 0% taker on a standard account, so the cost of being wrong is entirely margin and funding. 5x is this market's ceiling, which means you post at least 20.0% of notional as initial margin; go to the ceiling and a move of roughly that size against you wipes the position. Liquidation carries a 1% fee on top of the forced exit, so planning your own exit is materially cheaper than being closed out. The minimum order is $10 of notional, which makes it cheap to size a first position small. Key Takeaway LIT perps on Lighter are zero-fee for standard accounts, USDC-margined, and matched on a verifiable ZK order book with up to 5x leverage. Sign up with referral code **LIGHTERPEDIA** to attach the code at sign-up. ## How to Trade Lighter (LIT) on Lighter in 4 Steps - 1**Connect a wallet** — open [app.lighter.xyz](https://app.lighter.xyz/?referral=LIGHTERPEDIA) and connect MetaMask, Rabby, or any Web3 wallet. No KYC required. - 2**Deposit USDC** — fund your account with USDC to use as margin collateral. See our [getting-started guide](https://lighterpedia.com/guides/getting-started). - 3**Open the LIT market** — select Lighter (LIT), choose your leverage (up to 5x on this market), and set your margin mode. - 4**Place your order** — market or limit, all zero-fee for standard accounts. Manage risk with stop-loss and take-profit. [Start trading LIT — zero-fee, boost points →](https://app.lighter.xyz/?referral=LIGHTERPEDIA) ## Lighter (LIT) Perpetual — Contract Specs | Market | LIT (Perpetual) | Margin asset | USDC | Maker / taker fee | 0% / 0% (standard account) | Max leverage | 5x (20.0% initial margin) | Minimum order | $10 notional | Liquidation fee | 1% of position value | Order matching | Verifiable ZK order book, settles to Ethereum | Settlement | Settled in USDC | Sign-up bonus | One-week Premium fee rebate with code LIGHTERPEDIA ## Frequently Asked Questions ### What does it cost to trade the Lighter (LIT) perpetual on Lighter? Standard accounts on Lighter trade the LIT perpetual at 0% maker and 0% taker fees — it is a zero-fee market. Premium tiers with LIT staked can unlock rebated rates. You still pay network gas on deposits and withdrawals. ### What is the maximum leverage for Lighter (LIT) on Lighter? The LIT market caps out at 5x. That is a per-market limit rather than a platform-wide one: only BTC and ETH reach Lighter's 50x maximum, most alts sit between 10x and 25x, and the pre-IPO markets are capped at 5x because they are internally priced with no price caps. Collateral is USDC either way, and 5x means an initial margin requirement of 20.0% of notional. ### Is the Lighter (LIT) market on Lighter verifiable? Yes. Lighter is a fully verifiable ZK order-book DEX — order matching and liquidations are proven with zero-knowledge proofs and settle to Ethereum, so the LIT market is trust-minimized rather than relying on an opaque matching engine. ### Do I need KYC to trade Lighter (LIT) on Lighter? No. Lighter is a self-custody DEX — connect a Web3 wallet and trade directly, with no identity verification required. Signing up with referral code LIGHTERPEDIA attaches the code at account creation; see /referral for what Lighter documents that it does. 0% FEES Trade LIT at 0% maker and taker on a standard account. [Trade on Lighter](https://app.lighter.xyz/?referral=LIGHTERPEDIA) ### Other Crypto perpetuals [BTCBitcoin](https://lighterpedia.com/markets/btc)[ETHEthereum](https://lighterpedia.com/markets/eth)[SOLSolana](https://lighterpedia.com/markets/sol)[XRPXRP](https://lighterpedia.com/markets/xrp)[BNBBNB](https://lighterpedia.com/markets/bnb)[View all markets →](https://lighterpedia.com/markets) ### Related Guides [Getting Started on LighterWallet, USDC deposit, first perp](https://lighterpedia.com/guides/getting-started)[Lighter Fees ExplainedZero-fee accounts & LIT tiers](https://lighterpedia.com/guides/fees) ## Explore Lighter Markets The markets people trade most, plus the rest of this one's category. The full list lives on [every Lighter market](https://lighterpedia.com/markets). ### Most traded - [BitcoinBTC](https://lighterpedia.com/markets/btc) - [EthereumETH](https://lighterpedia.com/markets/eth) - [SolanaSOL](https://lighterpedia.com/markets/sol) - [XRPXRP](https://lighterpedia.com/markets/xrp) - [BNBBNB](https://lighterpedia.com/markets/bnb) ### Pre-IPO - [Anthropic (Pre-IPO)ANTHROPIC](https://lighterpedia.com/markets/anthropic) - [OpenAI (Pre-IPO)OPENAI](https://lighterpedia.com/markets/openai) - [SpaceX (Pre-IPO)SPACEX](https://lighterpedia.com/markets/spacex) ### Tokenised equities - [NvidiaNVDA](https://lighterpedia.com/markets/nvda) - [TeslaTSLA](https://lighterpedia.com/markets/tsla) - [AppleAAPL](https://lighterpedia.com/markets/aapl) - [MicrosoftMSFT](https://lighterpedia.com/markets/msft) - [Alphabet (Google)GOOGL](https://lighterpedia.com/markets/googl) ### More in this category - [DogecoinDOGE](https://lighterpedia.com/markets/doge) - [AvalancheAVAX](https://lighterpedia.com/markets/avax) - [ChainlinkLINK](https://lighterpedia.com/markets/link) - [SuiSUI](https://lighterpedia.com/markets/sui) - [AptosAPT](https://lighterpedia.com/markets/apt) ### Ready to trade Lighter (LIT) on Lighter? Trade the LIT perpetual zero-fee on a standard account, USDC-margined, up to 5x leverage on a verifiable ZK order book. Code LIGHTERPEDIA is applied automatically through the link. [Trade LIT on Lighter](https://app.lighter.xyz/?referral=LIGHTERPEDIA)