Lighter vs Extended
Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.
| Line | Lighter | Extended |
|---|---|---|
| 30-day volume | #P03 · $52,570.0MEdge | #P09 · $7,288.0M |
| Trading fees | 0% maker · 0% takerStandard accounts, the default, pay no maker or taker fee on perps or spot, at the cost of slower matching (300ms taker latency). Premium accounts are opt-in and get faster matching: 0.0040% maker and 0.0280% taker with no LIT staked, reduced by staking LIT.Edge | 0.025% taker · 0% makerA flat schedule for perps and spot: 0.025% taker, 0% maker, with RWA markets discounted to 0.010% taker. Makers whose share of total maker volume reaches 0.5% receive a 0.002% rebate, rising to 0.010% above 5% market share; rebates are automatic and paid daily at 00:00 UTC. |
| New-user perk | One week of Premium for free: the fees paid during that week are rebated | 10% discount on commissions |
| Max leverage | up to 50× | up to 100×Edge |
| Perp markets | 210Edge | 100 |
| Identity check | No KYC | No KYC |
| Custody | Non-custodial: Ethereum contracts hold the state root, escape hatch available | Non-custodial: funds stay in on-chain Starknet contracts |
| Settles on | Lighter Core (ZK rollup anchored on Ethereum) | Starknet |
| Collateral | USDC | USDC, wBTC, ETH, USDT |
| Where it runs | Web | Web |
| Chains | EVMEthereum | EVMEthereum, Arbitrum, Base, Polygon, Avalanche, BNB ChainEdge |
| Documented features | 7 of 10 | 7 of 10 |
| Order book | Yes | Yes |
| Cross margin | Yes | Yes |
| Spot trading | Yes | Yes |
| Vaults / copy vaults | Yes | Yes |
| Copy trading | Not documented | Not documented |
| Stocks, gold or forex | Yes | Yes |
| Points program | Yes | Yes |
| API | Yes | Yes |
| Mobile app | Not documented | Not documented |
| Telegram bot | No | Not documented |
Which one should you pick?
Pick Lighter if
Fees are your main cost and you accept slightly slower fills to keep them at zero.
Trading is free by default on Lighter, and the venue anchors its state root on Ethereum with a documented escape hatch. The catch is that free matching is slower, and the paid Premium tier exists above it.
app.lighter.xyz
Pick Extended if
Fee level is your deciding criterion and you want crypto and RWA markets on the same account.
The cheapest taker fee in the series at 0.025%, on a venue built by an ex-Revolut team that settles entirely on Starknet. Deposits are accepted from six EVM chains in USDC, ETH, USDT or wBTC, which removes the usual bridging detour.
app.extended.exchange
