Lighter Review

❓ Is Lighter available for Iranian users?No, restricted

Like most perp exchanges, Lighter's Terms of Service restrict sanctioned countries including Iran -- a VPN with a non-US server is required, and following the law where you live is your own responsibility.

A zk-rollup perpetual exchange on Ethereum, backed by Robinhood and audited by Accretion -- every order match and liquidation is cryptographically provable on-chain.

50xMax leverage
~0.05%Trading fee
zk-rollupOn Ethereum

Country access status

Check exchange access status for your country on the main exchange comparison page.

⚠️ Lighter's own Terms of Service restrict sanctioned countries including Iran -- a VPN with a non-US server is required to access it. A more important security note: if your wallet (or the address you funded it from) is linked to a sanctioned exchange, there's a real risk of your assets being frozen by Tether's issuer too -- not just an exchange block. Non-custodial wallets (where you hold your own keys) reduce this risk but don't eliminate it.

What makes Lighter different?

🪙 Native token: LIGHTER

LIGHTER is the native token of the Lighter ecosystem -- see live price, market rank, and the full chart on the LIGHTER page.

Live market data

⚡ Lighter inside MarketRadar

MarketRadar already shows Lighter's live markets and your own account status straight from the exchange. Direct non-custodial trading through our Telegram Mini App is being rolled out -- for now, deposit and trade on Lighter's own site using the link below.

See live Lighter markets in the app →

📊 Live LIGHTER token stats

Fetching live stats...

Weighing Binance against a non-custodial alternative? Read MarketRadar Whale vs Binance →

🌐 Ready to get started?

Once you've read everything above and made your decision, head to the official site from here:

View official site →
Track Lighter's live markets non-custodially inside our Telegram Mini App →
Ask about crypto
AI answer — not financial advice.