Lighter vs Lighter RH

Lighter leads on 2 of 4 shared benchmarks, Lighter RH on 1 (1 tied). Lighter wins on Perp DEX volume share, live 24h notional ranked ($1.57B vs $541.73M), Most tradable markets on a perp DEX, live count per venue (210 vs 57). Lighter RH wins on Perp DEX asset breadth (43 vs 38).

Read methodology Last measured Wed, 23 Sep 2026 14:00:58 UTCWindow: rolling 24h4 shared benchmarks

Lighter

Onchain perp DEX with a fully onchain orderbook on a zkSync rollup. ZK proofs verify matching, no off-chain sequencer for trade execution.

Lighter RH

Side by side measurements

Cheapest perp venue to hold a position, live funding normalized

Trading

Lighter

2.88 bps

p99: 2.88 bps
rank: #7
samples: 2,875

Lighter RH

2.88 bps

p99: -2.86 bps
rank: #8
samples: 369

Funding cost to hold a long 24h

Lightern/aLighter RHn/a

Funding is signed. Positive means longs pay shorts, negative means longs get paid to hold. Venues settle on different native periods (1h for Hyperliquid and dYdX, 4h or 8h elsewhere); every figure is normalized from the venue's own quoted rate and interval before ranking. Funding is only the holding cost. Opening costs (taker fee, spread, impact) are the companion bench perp-fees.

Perp DEX volume share, live 24h notional ranked

Trading

Lighter

Leads

$1.57B

p99: $1.72B
rank: #3
samples: 2,875

Lighter RH

Trails

$541.73M

p99: $559.37M
rank: #8
samples: 2,243

24h perp volume

Lightern/aLighter RHn/a

Most tradable markets on a perp DEX, live count per venue

Trading

Lighter

Leads

210

p99: 214
rank: #5
samples: 2,875

Lighter RH

Trails

p99: 57
rank: #19
samples: 2,243

Active markets

Lightern/aLighter RHn/a

Perp DEX asset breadth: non-crypto markets live, forex + stocks + indices + commodities

Trading

Lighter

Trails

p99: 38
rank: #11
samples: 2,875

Lighter RH

Leads

p99: 43
rank: #9
samples: 2,243

Non-crypto markets

Lightern/aLighter RHn/a

Market count reflects the Mobula perp pairs catalog at query time. Only mainnet markets are counted (testnets excluded). Asset class tags (forex, stocks, indices, commodities) are assigned by Mobula's editorial taxonomy and updated when new pairs are listed. Venues not in the Mobula catalog (Hyperliquid, GMX, dYdX, Ostium, Vertex, Paradex, Aster) are monitored separately: their catalogs are crypto-only or verified crypto-only by native API.

Frequently asked questions

Lighter vs Lighter RH: which one is better?

Lighter and Lighter RH are compared on 4 shared OpenChainBench benchmarks. Lighter leads on Perp DEX volume share, live 24h notional ranked. Lighter RH leads on Perp DEX asset breadth. See the live table on this page for every metric.

Which has the higher 24h perp volume, Lighter or Lighter RH?

On the Perp DEX volume share, live 24h notional ranked benchmark, Lighter leads at $1.57B versus Lighter RH at $541.73M. Live measurement is updated continuously by the OpenChainBench harness.

Which has the higher non-crypto markets, Lighter or Lighter RH?

On the Perp DEX asset breadth benchmark, Lighter RH leads at 43 versus Lighter at 38. Live measurement is updated continuously by the OpenChainBench harness.

How is the Lighter vs Lighter RH comparison measured?

Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.

Related comparisons

How this pair was selected

Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing; panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.