Why Robinhood Picked Lighter to Power Its Perps
Speakers
vnovakovski
— CEO, Lighter
Unknown Speaker
— Bits and Bips co-host
Summary
Vlad Novakovski, founder and CEO of Lighter, discusses Lighter's partnership with Robinhood to power perpetual futures in the Robinhood Wallet, the revenue-sharing mechanism that benefits LIT token holders, the competitive landscape for onchain perps, and the regulatory path with the CFTC. He expresses optimism about LIT token value accrual and the growth of decentralized trading infrastructure.
- Lighter powers Robinhood's perps with a 50/50 revenue share, directing all Lighter revenue to LIT token buybacks.
- Onchain perps market share has grown from 1% to 10-20% of total perps volume.
- Lighter is pursuing a CFTC license to offer decentralized perps to US customers.
- The LIT token is structured as a Delaware C-Corp and accrues value through protocol revenue.
- Robinhood chain integration allows efficient capital movement for market makers across domains.
- Telegram wallet integration has been one of the top revenue sources for Lighter.
- Crypto-native perp volumes are expected to recover in the second half of 2025.
Ideas
LIT token buybacks driven by revenue growth
Lighter's partnership with Robinhood includes a 50/50 revenue share, with 100% of Lighter's own revenue going to LIT token buybacks. The growing onchain perpetuals market, multiple integrations (Telegram, Robinhood), and the expected CFTC license for US decentralized perps create strong value-accrual dynamics for the LIT token.
Up Next
This Unchained (Chopping Block) video, published July 10, 2026, features vnovakovski discussing LIT. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: vnovakovski · Tickers: LIT