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Lighter vs Hotstuff
Lighter vs Hotstuff
Side-by-side comparison of two perpetual futures exchanges — updated in real time.
Metric
Lighter
Hotstuff
Chain
Ethereum L2
Hotstuff L1
Type
Orderbook
Orderbook
24h Volume
$1.76B
—
Open Interest
$690M
—
Maker Fee
0.00%
0.020%
Taker Fee
0.00%
0.050%
Max Leverage
20×
50×
Markets
153
15
Collateral
USDC
USDC
Funding Interval
1h
1h
Airdrop Status
$LIT
TBA
Lighter — Pros & Cons
Pros
Zero gas fees
Fully on-chain orderbook
Fast settlement
Cons
Fewer markets than competitors
Newer ecosystem
Limited collateral options
Hotstuff — Pros & Cons
Pros
Own L1 — 200K TPS, 150ms finality
Mixed asset classes (crypto + commodities + forex)
Zero gas fees, portfolio margin
Cons
Early stage (alpha / testnet)
No token yet
Small ecosystem, limited markets (~15)
Trade on Lighter →
Trade on Hotstuff →
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