AUTOMATED MARKET MAKING ON LIGHTER · ROBINHOOD CHAIN
PAPER TESTED NON-CUSTODIAL
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READ THIS FIRST. Every number below comes from paper trading against recorded market data — simulated orders, no real money, no live track record. It is a test result, not a promise.

CHOOSE YOUR BUILD

WORKSHOP

Tune every dial yourself. Changes are simulated against the same recorded data, so you can see the trade-off before anything goes live.

STRATEGY DIALS

4.0 bps
Lower = more trades, thinner margin. Below 2 bps lost money in testing.
$30
Venue minimum is about $11.
$300
8 bps
8 bps
Kept our average position at zero in testing. 0 disables it.
0.50

WHICH MARKETS IT WILL TOUCH

The bot refuses any market failing these. Stricter = trades less often on better setups; looser = trades more often with less room for error.

3.0x
30/hr
$200K
0.35
A maker bleeds in a trend whatever the spread.

SAFETY RAILS

2.0x
Venue allows 5x. Above 3x, a bad hour can liquidate you.
2.0%
Bot stops for the day if it loses this much.

PROJECTION

This market, right now, at your settings.
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YOUR RETURNS

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RUN IT

STOPPED

SAVE BUILD

WHERE THE NUMBERS COME FROM

the same build on the LIT test tape
Interpolated between measured presets on one recorded LIT session. Fixed history — it does not follow the market you picked above.

TOP MARKETS

Live across Lighter and Hyperliquid, ranked by spread earned per unit of volatility risked — after fees. Only markets passing every safety gate are listed.

HOW TO PICK

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WHY LIGHTER WINS. Lighter charges zero maker fees; Hyperliquid charges 1.5 bps a side, so 3 bps of any spread is gone before you earn anything. Hyperliquid's liquid markets (BTC 0.2 bps, ETH 0.5 bps) don't cover that, and the ones with wide spreads are wildly volatile. On top of that, only Lighter volume earns LIT points.

MY PAPER WEEK

NOT STARTED

A funded practice account with simulated fills. The point is not the profit — it is finding which markets pay you before real money.

TEST RESULTS

Live paper runs, straight from the bot's own checkpoint files. Green dot = still running. All simulated.

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SIGN IN TO PLAY

NEW PLAYER

RETURNING

HISTORY

Everything that has happened on your account.

Sign in to see your history.

HOW IT WORKS

THE GAP

LIT's order book has a wide gap between the best buy and best sell price — around 18 basis points. On BTC the same gap is 0.5. Almost nobody is quoting inside it.

THE BOT

It parks a buy order and a sell order inside that gap. When both fill, it bought low and sold high on the same asset. It does not bet on direction.

THE POINTS

Lighter is paying out 11M LIT to Robinhood users based on trading volume. Real market making generates real volume — which is why this is built to earn points legitimately.

WHY ONE ACCOUNT PER PERSON

Lighter's rules explicitly ban "operating or controlling multiple accounts to earn additional points" and "self-trading or trading between commonly controlled accounts." They can reverse points after awarding them.

So: one account per person, your own funds, your own wallet, real orders into the real book. Slower than the schemes going around, and it still pays out when they get zeroed.

RISK. This is automated trading with leverage on a volatile asset. You can lose money, including more than you expect if the market gaps. The results shown here are from a few hours of simulation on a quiet market — a small sample that may not hold. Points are worth an unknown amount until Lighter distributes them, and may be worth nothing. Not investment advice. Lighter's program excludes 18 regions including the US, UK, Canada and Singapore — check that you are eligible before funding anything.