LeverFi LeverFi LEVER
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Price
0.00201296 USD
% Change
4.66%
Market Cap
68.3M USD
Volume
21.7M USD
Circulating Supply
33.8B
118% from all time low
159% to all time high
430% from all time low
95% to all time high
97% are in circulation
Circulating Supply
33,899,170,765.8382
Max Supply
35,000,000,000

LeverFi (LEVER) Feed: Events, News & Roadmap

LeverFi Events on the Chart

What is LeverFi?

LeverFi is an on-chain, permissionless leverage trading platform in the Decentralized Finance (DeFi) space. It emphasizes asset efficiency, which focuses on maximizing trader returns while minimizing risks and costs. Being a decentralized exchange (DEX), it prioritizes user transparency and the ability for users to retain custody of their assets. LeverFi is designed to aid traders in managing yield-bearing assets within a unified collateral basket and offers lenders competitive and sustainable real yields.

LeverFi comprises four central components, which are the Collateral Manager, Trading Manager, Lending Manager, and Risk Manager. Each component is driven by smart contracts that facilitate specific functionalities of the platform. For traders, LeverFi purchases underlying assets from DEXe’s liquid secondary market and employs transaction routing through multiple trading venues to minimize price slippage. Lenders, on the other hand, can lend their assets to traders, earning a yield without taking on directional risks. This decentralized architecture facilitates permissionless and secure interactions between lenders and traders.

LEVER is an ERC-20 token developed on the Ethereum blockchain, primarily serving the LeverFi platform. Although it has no intrinsic value, it is fundamental to the system in two principal manners: acting as a governance token, enabling protocol management decisions, and when staked, allowing users to earn a share of the platform’s fees.

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