Lighter has achieved a total value locked (TVL) of $1.15 billion, surpassing Linea to become the fourth largest Rollup by TVL, following Arbitrum, Base, and Optimism, according to L2Beat data. Notably, Lighter's TVL is entirely composed of stablecoins, reflecting its role as a derivatives protocol Appchain. Additionally, Lighter has contributed to a significant increase in overall Rollups transactions per second (TPS), which has surged past 4,000.