The cGMP-dependent channel protein has been purified from bovine rod photoreceptor membranes and incorporated into planar lipid membranes. At low divalent cation concentrations, cGMP stimulated single-channel current fluctuations. The probability P. of the channel being open strongly depended on the cGMP concentration (EC'50 = 31 ,IM;Hill coefficient, n = 2.3); whereas the single-channel conductance (A = 26 pS) was independent of the agonist concentration. The agonist-stimulated increase in the probability of an open channel was largely due to shorter closed times and, to a lesser extent, due to the channel staying open for a longer time. The current-voltage relationship of the single open channel deviated from ohmic behavior, and the open probability decreased at more negative membrane potentials. The rectification of the macroscopic cGMP-induced current in artificial bilayers that contained many channel copies can be accounted for by the voltage dependence of channel gating together with the nonlinearity of the current-voltage curve of an open channel. Current fluctuations exhibited a variety of sublevels, indicating that the channel may exist in more than one conductive state.Vertebrate photoreceptors hyperpolarize in response to light due to the closure of cation channels in the plasma membrane. It has been suggested that cGMP directly opens the light-regulated channel in the rod outer segment plasma membrane in a cooperative fashion (refs. 1-6; for reviews see refs. 7-10). A similar ion conductance also exists in the disk membrane (11-15).The cGMP-dependent channel protein from rod photoreceptor membranes has been solubilized, purified, and functionally reconstituted into liposomes and planar lipid bilayers (16)(17)(18) Purification of the cGMP-Dependent Cation Channel Protein. The channel protein was purified from bovine rod outer segments as described (16,17). Electrophoresis of the purified extract on 0.1% NaDodSO4/7.5% polyacrylamide gel revealed two polypeptides with molecular masses of63 kDa and 240 kDa (16). The 240-kDa component probably represents a spectrinlike (18) polypeptide that was absent in some of our preparations. The purified channel protein was incorporated into asolectin liposomes (16, 19). Approximately 5-10o of the liposomes contained at least one channel copy (19).Formation of Planar Lipid Bilayers and Channel Insertion. The purified channel protein was incorporated into planar bilayers by "spontaneous fusion" of channel-containing liposomes with a phospholipid bilayer formed from purified (19) asolectin (Sigma, Type IV-S) on the orifice of a small Teflon septum (diameter, 150 ttm; septum thickness, 5.6 ttm).The compartment into which the liposomes were injected was defined as the cis side of the recording chamber. The fusion events were monitored by continuously measuring the transmembrane current at a constant membrane potential. After the fusion of liposomes with the planar bilayer, cGMP was added to both compartments. The channel orientation was determined from the volta...