Robinhood Chain's Lighter DEX Surpasses $10M Total Value Locked

Robinhood Chain's decentralized exchange (DEX) called Lighter has surpassed $10 million in total value locked on its network. This milestone comes just a few weeks after Robinhood Chain launched mainnet on July 1-2, 2026, built on the Arbitrum network as an Ethereum Layer-2.

The chain's DeFi TVL climbed past $50 million within days of going live and then crossed the $100 million mark in under a week. Lighter serves as the default perpetual futures platform for Robinhood Chain and allows users to trade perps through the Lighter Domain, a chain-specific deployment tailored to the Robinhood ecosystem.

Lighter committed roughly $11 million worth of its native LIT token as trading incentives specifically for Robinhood users. Trades conducted through the Robinhood Wallet also earn a 2x points bonus.