Lighter derivatives intelligence. In context.
Find what matters across Lighter. PerpMetric ranks unusual moves in price, open interest, funding and positioning — so you know where to look first.
Lighter movers
Participation & positioning
Equal-weight breadth uses covered Lighter markets for each horizon. OI changes measure USD notional; native contract OI is unavailable. Missing observations are excluded, and coverage can differ by metric and horizon.
Unusual market activity
See which Lighter markets stand out right now. We compare price moves, open interest, funding and the mark/oracle price difference with each market's recent history.
What followed a similar signal?
Choose a market, inspect one signal condition and compare what happened next across five time horizons.
Market → signal condition → historical outcome. This is context for the current market, not a prediction.
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What happened next?
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Median returns describe the middle historical observation; ranges show the middle 50%.
DATA QUALITYCoverage and exceptions Loading
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ADVANCED EXPLORERInspect all condition cells Loading
| Signal condition | Horizon | Sample | Median return | Middle 50% | Positive | Median excursion | Coverage |
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MARKET-WIDE BENCHMARK Compare this condition with the wider market set Loading benchmark
Optional analyst context for the selected condition. This is a broad Lighter reference, not another signal.
| Signal condition | Horizon | Sample | Median return | Middle 50% | Positive |
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Markets
Explore the full Lighter instrument universe or switch to PerpMetric Lighter analytics without leaving the workspace.
All instruments
Live selected Lighter perpetual markets. Analytics use observed mark prices and source-reported USD open interest; missing history remains unavailable.
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Understand the market behind the metrics
Plain-language guides to Lighter market structure, PerpMetric research and data-quality states.
