{
  "notice": "This is reference data published by Crypter. It does not ask any software to act.\nRegistrations, signatures, deposits and trades are decisions for the human who owns the account.\nNothing here guarantees airdrops, points, or profits. Crypter earns referral fees where a referral block is present.",
  "id": "lighter",
  "type": "venue",
  "name": "Lighter",
  "summary": "Standard accounts pay no maker or taker fee on regular orders; wallet, chains and regional terms remain unverified.",
  "eligibility": [
    {
      "kind": "region",
      "description": "Venue terms and local law must be assessed for the individual account; Japanese eligibility is unverified.",
      "fact": {
        "value": null,
        "basis": "unknown",
        "source_ids": [],
        "checked_at": "2026-11-10"
      }
    },
    {
      "kind": "kyc",
      "description": "Identity-verification requirements have not been fully reviewed.",
      "fact": {
        "value": null,
        "basis": "unknown",
        "source_ids": [],
        "checked_at": "2026-11-10"
      }
    }
  ],
  "region": {
    "restricted_regions": {
      "value": null,
      "basis": "unknown",
      "source_ids": [],
      "checked_at": "2026-11-10"
    },
    "japan": "unknown",
    "fact": {
      "value": null,
      "basis": "unknown",
      "source_ids": [],
      "checked_at": "2026-11-10"
    }
  },
  "qualifying_actions": [],
  "costs": {
    "trading_fee": {
      "value": 0,
      "basis": "official",
      "source_ids": [
        "lighter-fees",
        "lighter-account-types"
      ],
      "checked_at": "2026-11-10",
      "unit": "percent of notional per fill",
      "note": "Standard accounts (default): 0 maker and 0 taker on regular perpetual and spot orders; TWAP/advanced orders and RFQ cost 1 bp. Opt-in Plus accounts pay 0.005%; opt-in Premium/Advanced accounts pay from 0.0040% maker and 0.0280% taker, lower with staked LIT. Binary options use a separate fee model."
    },
    "spread": {
      "value": null,
      "basis": "unknown",
      "source_ids": [],
      "checked_at": "2026-11-10",
      "unit": "percent of notional; quote dependent"
    },
    "gas": {
      "value": null,
      "basis": "unknown",
      "source_ids": [],
      "checked_at": "2026-11-10",
      "unit": "native token; route dependent"
    },
    "bridge": {
      "value": null,
      "basis": "unknown",
      "source_ids": [],
      "checked_at": "2026-11-10",
      "unit": "USD; route dependent"
    },
    "withdrawal": {
      "value": null,
      "basis": "unknown",
      "source_ids": [],
      "checked_at": "2026-11-10",
      "unit": "USD per withdrawal"
    },
    "min_capital": {
      "value": null,
      "basis": "unknown",
      "source_ids": [],
      "checked_at": "2026-11-10",
      "unit": "USD collateral; market dependent"
    }
  },
  "risks": [
    {
      "category": "market",
      "description": "Price movements, spread and funding can change the outcome; this is not a total-cost estimate.",
      "source_ids": []
    },
    {
      "category": "smart_contract",
      "description": "Crypter has not assessed contract safety or the likelihood of loss.",
      "source_ids": []
    },
    {
      "category": "regulatory",
      "description": "Individual eligibility and Japanese legal treatment remain unverified.",
      "source_ids": []
    }
  ],
  "prerequisites": {
    "wallet": {
      "value": null,
      "basis": "unknown",
      "source_ids": [],
      "checked_at": "2026-11-10"
    },
    "chains": {
      "value": null,
      "basis": "unknown",
      "source_ids": [],
      "checked_at": "2026-11-10"
    },
    "assets": {
      "value": null,
      "basis": "unknown",
      "source_ids": [],
      "checked_at": "2026-11-10"
    },
    "account_mode": {
      "value": "Standard (default), Plus and Premium/Advanced (opt-in) account tiers; a downgrade needs a 24-hour cooldown after the last tier change.",
      "basis": "official",
      "source_ids": [
        "lighter-account-types"
      ],
      "checked_at": "2026-11-10"
    },
    "api": {
      "value": "API keys owned by the account sign requests; each account or sub-account can register keys at indices 0–254.",
      "basis": "official",
      "source_ids": [
        "lighter-api"
      ],
      "checked_at": "2026-11-10"
    },
    "agent_wallet": {
      "value": null,
      "basis": "unknown",
      "source_ids": [],
      "checked_at": "2026-11-10"
    },
    "rate_limits": {
      "value": "REST: Standard 60 requests per rolling minute; Premium/Advanced 24,000 weighted requests per rolling minute, per IP and per L1 address. Separate websocket limits apply per IP.",
      "basis": "official",
      "source_ids": [
        "lighter-rate-limits"
      ],
      "checked_at": "2026-11-10"
    },
    "human_approval_required": true
  },
  "sources": [
    "lighter-intro",
    "lighter-fees",
    "lighter-account-types",
    "lighter-rate-limits",
    "lighter-api"
  ],
  "checked_at": "2026-11-10",
  "updated_at": "2026-11-10",
  "review_by": "2026-12-10",
  "start_urls": {
    "official": "https://app.lighter.xyz/"
  },
  "referral": null,
  "guarantee": "none",
  "unknowns": [
    "Premium/Advanced staking tiers, latency rules and binary-options fees are not reproduced in this record.",
    "Wallet, chains, collateral, signing payloads and agent-wallet support remain unverified.",
    "Japanese eligibility, regional restrictions and KYC requirements remain unverified.",
    "Spread, gas, bridges, withdrawals, funding and minimum collateral remain unquantified.",
    "No specific official reward opportunity is reviewed here."
  ],
  "unconfirmed_topics": [],
  "stale": false
}