Lighter vs Pacifica

Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.

LineLighterPacifica
30-day volume#P03 · $52,570.0MEdge#P08 · $10,418.0M
Trading fees0% 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.Edge0.040% taker · 0.015% makerFees come from your rolling 30-day volume: 0.040% taker and 0.015% maker up to $5M, then 0.038%/0.012% above $5M and 0.036%/0.009% above $10M. From $100M of volume the maker fee is 0% and the taker fee bottoms out at 0.028%. Sub-account volume counts toward the master account and fees are settled on each fill.
New-user perkOne week of Premium for free: the fees paid during that week are rebated5% bonus on the points you earn
Max leverageup to 50×up to 50×
Perp markets210Edge78
Identity checkNo KYCNo KYC
CustodyNon-custodial: Ethereum contracts hold the state root, escape hatch availableNon-custodial, Solana wallet
Settles onLighter Core (ZK rollup anchored on Ethereum)Solana
CollateralUSDCUSDC
Where it runsWebWeb
ChainsEVMEthereumSolanaSolana
Documented features7 of 107 of 10
Order bookYesYes
Cross marginYesYes
Spot tradingYesYes
Vaults / copy vaultsYesYes
Copy tradingNot documentedNot documented
Stocks, gold or forexYesYes
Points programYesYes
APIYesYes
Mobile appNot documentedNot documented
Telegram botNoNot 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 Pacifica if

You trade on Solana and want published taker and maker fees without a points-first story.

The most readable fee ladder of the series, on a Solana book with unified spot and collateral margin. Keep in mind that $10.4B of 30-day volume is real but modest next to the top three venues, and that the points program is the main growth engine.

app.pacifica.fi

Other duels with Lighter