Lighter Records $72.9 Billion in October Trading Across Two Platforms

Lighter’s October operating report put trading across its core platform and Robinhood Chain at $72.9 billion as the company plans a November application for U.S. derivatives registrations.

The core platform accounted for $53.8 billion in volume, while Robinhood Chain contributed $19.1 billion. Open interest totaled $1.41 billion at October’s end, split between $1.03 billion on the core platform and $376 million on Robinhood Chain.

Lighter recorded $4.09 million in fees. The core platform contributed $3.01 million, and Robinhood Chain contributed $1.08 million after Robinhood’s share was deducted.

Lighter plans to apply to the Commodity Futures Trading Commission (CFTC) in November for designated contract market status and registration as a derivatives clearing organization. Traditional options are expected to launch by year-end.