Lighter released its October operating update through an official post on X, outlining activity across its core platform and Robinhood Chain. The company said combined trading volume for October reached $72.9 billion, with $53.8 billion generated on the core platform and $19.1 billion on Robinhood Chain. As of the end of October, total open interest stood at $1.41 billion, including $1.03 billion on the core platform and $376 million on Robinhood Chain. Lighter also reported $4.09 million in total fees and revenue for the month. Of that amount, the core platform contributed $3.01 million, while Robinhood Chain contributed $1.08 million after Robinhood’s revenue share was deducted. On the regulatory side, Lighter said it plans to file with the U.S. Commodity Futures Trading Commission in November to seek designated contract market, or DCM, status and complete registration as a derivatives clearing organization, or DCO. The company added that its traditional options product remains on schedule and is expected to launch before year-end.
Lighter published its October operating report in a post by an official team member on X, detailing trading activity, open interest, revenue, and regulatory plans.
October trading volume reached $72.9 billion
According to the update, total October trading volume across Lighter’s core platform and Robinhood Chain came in at $72.9 billion. The core platform accounted for $53.8 billion, while Robinhood Chain contributed $19.1 billion.
Open interest stood at $1.41 billion at the end of October
As of the end of October, total open interest reached $1.41 billion. Of that figure, $1.03 billion was on the core platform and $376 million was on Robinhood Chain.
Fees and revenue totaled $4.09 million
Lighter said total fees and revenue for the period reached $4.09 million. The core platform contributed $3.01 million, while Robinhood Chain generated $1.08 million after Robinhood’s revenue share had been deducted.
CFTC filing planned for November
On the regulatory front, Lighter said it plans to submit an application to the U.S. Commodity Futures Trading Commission in November to obtain designated contract market, or DCM, status and complete registration as a derivatives clearing organization, or DCO.
The company also said its traditional options product is progressing on schedule and is expected to launch before the end of the year.
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