Lighter vs AZverse
Lighter traded 25× AZverse's 24-hour volume ($1.47B vs $58.8M) and holds 8.3× its open interest.
Head to head
the arrow points to the better figure| Lighter | AZverse | |
|---|---|---|
| Trading | ||
| $0.65 | BTC trade, $10k | — |
| $220 | BTC trade, $1M | — |
| $11.2M | BTC book depth | — |
| 0.000%/0.000% | ◀Taker / maker | 0.060%/0.040% |
| 50x | Max leverage | — |
| Size | ||
| $1.47B | ◀Volume 24h | $58.8M |
| $1.89B | Volume, 7-day average | — |
| $524.8M | ◀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 | +0.0070% |
| +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 | $0.030.3 bp | — |
| $10k | $0.650.7 bp | — |
| $100k | $11.121.1 bp | — |
| $1M | $2202.2 bp | — |
| $5M | $3,1916.4 bp | — |
WLD funding per day
Volume by asset class
last yearOn both: 87
funding /8h · Net 7d at $10k| Asset | Lighter | AZverse | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0096% | +0.0070% | +0.0026% | — |
| ETH | +0.0096% | +0.0032% | +0.0064% | — |
| HYPE | +0.0088% | −0.0080% | +0.0168% | — |
| SOL | +0.0096% | +0.0040% | +0.0056% | — |
| ZEC | +0.0096% | −0.0051% | +0.0147% | — |
| XRP | +0.0096% | −0.0034% | +0.0130% | — |
| PUMP | +0.0096% | −0.0036% | +0.0132% | — |
| DOGE | +0.0096% | −0.0044% | +0.0140% | — |
| ENA | +0.0096% | +0.0067% | +0.0029% | — |
| LIT | +0.0096% | +0.0040% | +0.0056% | — |
| BNB | +0.0096% | +0.0061% | +0.0035% | — |
| NEAR | +0.0096% | −0.0098% | +0.0194% | — |
| UNI | −0.0048% | −0.0012% | +0.0036% | — |
| PEPE | +0.0096% | −0.0086% | +0.0182% | — |
| LINK | +0.0064% | +0.0042% | +0.0022% | — |
| ADA | +0.0088% | −0.0004% | +0.0092% | — |
| AAVE | +0.0096% | +0.0050% | +0.0046% | — |
| PONS | +0.0096% | +0.0070% | +0.0026% | — |
| TRX | −0.0056% | −0.0135% | +0.0079% | — |
| LTC | −0.0208% | −0.0040% | +0.0168% | — |
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 · US10Y · FARTCOIN · JUP · EIGEN · SKY · PENDLE · COPPER · XPD · MORPHO · DRV · ORCL · XPT · STRK · BONK · OP · MEGA · USDJPY · SYRUP · CC · PENGU · CHIP · STONK · 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 $1.47B, AZverse $58.8M. Open interest as each reports it: $524.8M and $63.4M. TVL: $606.0M and $52.0M.