Lighter vs GRVT
A side-by-side comparison of two perpetual DEXs using the same sources and capture time. Larger is not automatically better: check fees, markets, collateral and access rules for your own use.
- Lighter holds 1.9× the open interest of GRVT ($860.41M vs $461.30M).
- Lighter’s average open interest moved +42.6% over 30 days.
- GRVT’s average open interest moved +13.1% over 30 days.
 Lighter |  GRVT | |
|---|---|---|
| Open interest | $860.41M | $461.30M |
| OI rank (of 91) | 4 | 5 |
| OI change · 30d | +42.6% | +13.1% |
| Volume · 24h | $3.12B | $499.82M |
| User fees · 30d | $5.39M | — |
| Fees change · 30d | +12.3% | — |
| Trend | Growing | Stable |
| Chains | Robinhood Chain, zkLighter | GRVT |
| Model | ZK-proven order book | Order book (hybrid) |
| RWA markets | Yes | Yes |
| Token | LIT | GRVT |
Open interest over time
- Lighter $860.41M
- GRVT $461.30M
DefiLlama daily open interest. Missing days are left as gaps. The scale starts at zero.
Open interest and fees: DefiLlama, captured 08 Oct 2026 · 12:17 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 08 Oct 2026 · 12:16 UTC. Token prices and 30-day price change: CoinGecko, at the time shown on each venue page; a parent-project or chain token is labelled and is not evidence of a claim on exchange revenue. Changes compare the last 30 days with the previous 30 days (OI as a daily average, fees as a total) and need at least 95% daily coverage. A trend label needs the 30-day move to pass a threshold (OI ±25%, fees ±30%) on a minimum base (OI ≥ $5M, fees ≥ $100K per 30 days); with 90 days of history both horizons must agree. Venue-reported volume is not audited; ⚑ marks volume above 25× open interest. “—” means unavailable, never zero. Full method ↗