Trade $LIT Perps with Zero Fees

Join the Lighter Zero-Fee Perps Campaign on Backpack Exchange — Earn USDC Rebates Trading Perpetuals

_{This article is for informational purposes only and may not apply in all regions.}

GM Lads,

Backpack Exchange invites you to join the Lighter on fees Campaign! To celebrate the launch of $LIT perpetuals trading, we're offering zero trading fees for one week on $LIT perp pair. During this promotional period, all fees that would normally be charged will be collected and rebated to participants in USDC based on their trading volume. Read on for details on how to participate and maximize your rewards.

Campaign Details

Campaign Name: Lighter on fees

Campaign Period: December 30, 2025 08:00 UTC to January 8, 2026 23:59 UTC (8 days)

How It Works:

We rebate 100% of eligible trading fees paid on LIT-PERP fills during the campaign.

• Eligible fees: maker and taker fees only.
• Not included: funding, liquidation fees, borrow/interest, or any other charges.
• Eligible order types: manual trading and in-product grid bots.
• Not eligible: API trading (orders placed via API keys or third-party bots).
• Maintain a minimum $1,000 USD notional account balance during the campaign - if it drops below $1,000 at any time during the campaign, you'll be ineligible.
• Rebates are credited within 7 days after the campaign ends.
• Abuse (wash trading, multi-accounts, or attempts to bypass restrictions) results in disqualification.

Eligibility

• Open to all verified Backpack Exchange users in supported regions.
• Maintain a minimum $1,000 USD notional account balance at all times during the campaign. If your balance drops below $1,000 at any point, you become ineligible.
• Eligible order types: manual trading and in-product grid bots.
• API trading is not eligible. Orders placed via API keys or third-party bots do not qualify for rebates.

Token Information

$LIT Token Details

• Token Symbol: LIT
• Total Supply: 1B LIT
• Circulating Supply: 250M LIT
  

About Lighter

Lighter is a next-generation decentralized exchange infrastructure designed for [brief mission/use case - e.g., "high-performance orderbook trading on Solana with minimal fees and maximum capital efficiency"]. The $LIT token powers the Lighter ecosystem and provides holders with governance rights, fee discounts, and staking rewards. Learn more about Lighter here

Why Trade $LIT Perpetuals on Backpack Exchange

Zero Fees for Launch Week

Trade $LIT perps completely fee-free during the promotional period while earning USDC rebates. This is your opportunity to maximize returns without paying maker or taker fees.

Advanced Perpetuals Trading

• High leverage options: Up to 50x leverage on $LIT perps
• Low liquidation risk: Advanced risk management tools
• Deep liquidity: Tight spreads and minimal slippage
• Cross-margin support: Efficient capital utilization

Secure, Low-Fee Platform

Backpack Exchange offers institutional-grade security with retail-friendly features, transparent fee structures (normally among the lowest in the industry), and 24/7 customer support.

Fair Trading Policy

• Wash trading, self-trading, or market manipulation will result in disqualification
• Backpack reserves the right to review suspicious trading patterns
• Only genuine trading volume counts toward reward distribution

Frequently Asked Questions

Q: What happens if my balance drops below $1,000 during the campaign?
A: You must maintain a minimum $1,000 balance for the entire campaign duration. If your balance drops below this threshold at any point, you may be disqualified from receiving rebates.

Q: Can I use trading bots?
A: Yes, but only grid bots are eligible. Grid bot trades qualify for full fee rebates. However, API-based trading (REST API, WebSocket, third-party bots) is NOT eligible for this campaign.‍

Q: When will I receive my rebates?
A: Rebates will be credited to your account a few days after the campaign ends, typically within 7 business days.

Q: Are rebates paid in $LIT or USDC?
A: Rebates are paid in USDC, providing stable value that you can immediately use for trading or withdrawing.

Q: How are rebates calculated?
A: You receive 100% of all eligible trading fees back. If you paid $100 in fees on eligible LIT-PERP trades, you receive $100 USDC rebate.

Q: Can I trade other perps during this campaign?
A: Yes, but only LIT-PERP trading fees qualify for rebates in this campaign. Other perpetual markets have standard fees.

Q: What counts as "abusive behavior"?
A: Abusive behavior includes wash trading, self-trading, market manipulation, multiple accounts, coordinated exploitation, or any activity designed to game the rebate system rather than genuine trading.

Disclaimer: This content is presented to you on an "as is" basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Backpack. Please read our full disclaimer for further details.

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Ready to trade $LIT perpetuals with zero fees and earn USDC rebates? Sign up now and join the Lighter Zero-Fee Perps Campaign.