Lighter vs AZverse
Lighter traded 25× AZverse's 24-hour volume ($1.46B vs $59.0M) and holds 8.2× its open interest.
Head to head
the arrow points to the better figure| Lighter | AZverse | |
|---|---|---|
| Trading | ||
| $0.67 | BTC trade, $10k | — |
| $186 | BTC trade, $1M | — |
| $10.9M | BTC book depth | — |
| 0.000%/0.000% | ◀Taker / maker | 0.060%/0.040% |
| 50x | Max leverage | — |
| Size | ||
| $1.46B | ◀Volume 24h | $59.0M |
| $1.89B | Volume, 7-day average | — |
| $523.3M | ◀Open interest | $63.4M |
| $606.0M | ◀TVL | $52.0M |
| Markets | ||
| 198 | ◀Markets | 122 |
| 95 | ◀Stocks & RWA | 73 |
| 1h | Funding paid every | 1h |
| +0.0096% | BTC funding /8h | +0.0073% |
| +0.566% | BTC longs paid, 30d | — |
| Access | ||
| No ID | KYC | No ID |
| $LIT | Token | none yet |
| Season 3 | Airdrop | — |
Cost to trade BTC
| Size | Lighter | AZverse |
|---|---|---|
| $1k | $0.060.6 bp | — |
| $10k | $0.670.7 bp | — |
| $100k | $9.931.0 bp | — |
| $1M | $1861.9 bp | — |
| $5M | $3,0286.1 bp | — |
WLD funding per day
Volume by asset class
last 90 daysOn both: 87
funding /8h · Net 7d at $10k| Asset | Lighter | AZverse | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0096% | +0.0073% | +0.0023% | — |
| ETH | +0.0096% | +0.0077% | +0.0019% | — |
| HYPE | +0.0072% | +0.0066% | +0.0006% | — |
| SOL | +0.0096% | +0.0040% | +0.0056% | — |
| ZEC | +0.0056% | +0.0050% | +0.0006% | — |
| XRP | +0.0096% | +0.0040% | +0.0056% | — |
| PUMP | +0.0096% | −0.0041% | +0.0137% | — |
| ENA | +0.0096% | +0.0070% | +0.0026% | — |
| DOGE | +0.0096% | +0.0070% | +0.0026% | — |
| LIT | +0.0064% | +0.0040% | +0.0024% | — |
| BNB | +0.0096% | +0.0053% | +0.0043% | — |
| NEAR | +0.0096% | +0.0012% | +0.0084% | — |
| UNI | −0.0176% | −0.0002% | +0.0174% | — |
| PEPE | +0.0096% | −0.0087% | +0.0183% | — |
| LINK | +0.0096% | +0.0066% | +0.0030% | — |
| ADA | −0.0008% | −0.0024% | +0.0016% | — |
| AAVE | +0.0096% | +0.0040% | +0.0056% | — |
| PONS | +0.0096% | +0.0070% | +0.0026% | — |
| TRX | −0.0024% | −0.0135% | +0.0111% | — |
| LTC | −0.0232% | −0.0047% | +0.0185% | — |
Only on Lighter: 124
ZRO · BZ · XPL · XMR · VVV · PAXG · GRAM · SKHY · AERO · GRASS · STRC · BMNR · LDO · ETHFI · USDKRW · USELESS · ARB · STABLECOINX · MON · USDCHF · CRV · FARTCOIN · US10Y · JUP · EIGEN · PENDLE · SKY · COPPER · XPD · MORPHO · DRV · ORCL · XPT · STRK · BONK · OP · MEGA · USDJPY · CC · SYRUP · PENGU · STONK · CHIP · SEI · POL · MRNA · BB · TIA · SPX · USDCAD · GBP · S · MET · DELL · RIVER · RKLB · WIF · CRWV · LINEA · AI · and 64 more
Questions
Which has more markets, Lighter or AZverse?
Lighter lists 198 active markets and AZverse 122; 87 assets trade on both, 48 of them stocks, commodities or other real-world assets.
Does Lighter or AZverse require KYC?
Lighter: No ID (the card deposit on-ramp is optional); not for the US, Canada, the UK, China, Russia, Ukraine or sanctioned countries. AZverse: No ID: a wallet signature or an email sign-in with a provisioned wallet; the docs name no barred countries.
Can you arbitrage funding between Lighter and AZverse?
Not profitably right now: none of the 87 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Lighter or AZverse?
24-hour volume: Lighter $1.46B, AZverse $59.0M. Open interest as each reports it: $523.3M and $63.4M. TVL: $606.0M and $52.0M.