Level Finance is a non-custodial perpetual DEX on BSC that offers risk management and liquidity solutions for LPs. It features direct market access to programmatic pools of liquidity, zero price impact trades supported by Chainlink Oracles, and an innovative liquidity solution. The platform is directed by the user-focused LEVEL DAO.
On the Level Finance’s website, it claims that the TVL of the platform is $16.4 million, while the tota l trading volume is $2.7 billion, and the accrued fee is $3.1 million. These data are impressive considering the platform was launched at the beginning of 2023,
Level Finance offers two main services:
- Trading service with normal swap feature and long/short feature
- Liquidity service with trading pools (tranches), which allow users to deposit assets and earn protocol revenues and LVL token incentives, and LVL/BNB Liquidity Pool, which enables users to earn LVL tokens and swap fees by depositing LVL/BNB LP tokens.
The protocol employs a dual-token model. LVL is the utility token that can be earned by becoming a liquidity provider, participating in loyalty and referral programs, as well as joining trade races and trading contests. LGO is the governance token and can be earned by staking LVL tokens in the LEVEL DAO.
The total supply of LVL is 50,000,000. Its circulating supply is 3,777,904.
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