Lighter August Update: Open interest exceeds $1 billion, Robinhood instance open interest tops $200 million with RWA accounting for over 70%, tiered fees launched.
1 hours ago
According to HTX market data, Lighter (LIT) has recently hit consecutive all-time highs, drawing significant market attention. Today, the project released its August monthly update, showcasing robust core growth metrics: total open interest (OI) surpassed $1 billion, August trading volume reached approximately $395 billion, its global perpetual contract market share rose month-over-month, and it repurchased 927,800 LIT tokens. RWA-related holdings peaked at around 21% of total OI. The Robinhood/Lighter standalone instance stood out with exceptional performance: August trading volume hit ~$5 billion, over 21,000 accounts, gross trading fees of ~$500,000, and OI exceeding $200 million, where RWA accounted for more than 70%. Teams have begun building products on this instance, and partners are bringing new users and use cases via Robinhood Chain. About 20 new integrations were added in August, covering trading terminals, agents, data, and distribution. Lighter is adjusting its revenue model in tiers: Standard accounts retain free basic features, while advanced order types now carry a 1 basis point fee; a mid-tier Plus plan for API users was launched; and Premium rate limits were increased. On the infrastructure front, the Prover Challenge in partnership with EigenLabs exceeded expectations, with potential to boost TPS by several times and reduce proof costs; infrastructure costs have fallen 50% this year. Regulatory-wise, CEO Vlad attended the inaugural meeting of the CFTC’s Innovation Advisory Committee in Washington, continuing to advance compliant services for U.S. users. The team stated more partnerships will be announced by year-end, alongside the launch of various options products.
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