Lever Network

Lever Network

LEV
$0.0082607%-1.20

Key Metrics

Price$0.0082607
Real Volume (24H)$11,034.51
Marketcap$122,890
Fully Diluted Valuation$827,504
ATH$2.7
ATH Date5/9/2021, 8:23:25 PM
ATL$0.00631652
ATL Date12/2/2022, 12:44:27 PM
Circulating Supply15M
Total Supply100M
WebsiteN/A
WhitepaperN/A
Popularity Rank2959
Chart
What is Lever Network?

Decentralized finance (DeFi) has been experiencing exponential growth in recent years. However, one of the major challenges faced by DeFi is the low utilization of funds. While lending and trading are relatively isolated in DeFi, users cannot take out loans and directly trade within a single lending protocol or decentralized exchange. Furthermore, margin trading, a trillion-dollar market in the crypto world, is absent from DeFi. This means users can hardly long or short an asset on any DEX.

To take DeFi to the next level and resolve this problem, Lever was developed. Lever is the first AMM-based decentralized margin trading platform on multi-chains, where users can easily earn interest through lending and perform leveraged trading. With Lever, simplified margin trading and visualized position management are available for traders in the DeFi space.

The decentralized margin pool on Lever allows traders to realize margin positions. By putting up a margin deposit on Lever, traders can open a position with up to 3X leverage. Unlike centralized exchanges, the margin deposit also earns interest for traders, making Lever different from its counterparts.

Lever's innovative features set it apart from other DeFi platforms. Here's a closer look at what you can expect when you trade on Lever:

Enormous Liquidity: Lever has introduced external AMMs like Uniswap, SushiSwap, and PancakeSwap, allowing users to open long and short positions with a wide range of assets, including Uniswap (UNI), Synthetix (SNX), Wrapped Bitcoin (wBTC), and Aave. This ensures that users have access to a wide range of assets and liquidity, enabling them to trade with ease.

High Capital Efficiency: Lever provides both a lending platform and a DEX, making it possible for users to trade and borrow at the same time. Lever's margin trading service can significantly increase loan frequency and loan size, making high capital efficiency possible. Additionally, users can use their tokenized deposit certificates from other lending platforms to earn interest or take out loans for leveraged margin trading.

Easy-to-Use Interface: Lever's visualized position management interface is designed to help users easily open or close positions in just one click. The platform has also integrated with TradingView, a professional candlestick chart, to ensure the best trading experience.

Lever is a game-changer in the DeFi space, offering users the opportunity to lend, borrow, and carry out leveraged trading without needing to transfer assets to other third-party platforms. With enormous liquidity, high capital efficiency, and an easy-to-use interface, Lever is well-positioned to become a major player in the DeFi space. As DeFi continues to grow and evolve, Lever's potential for growth and adoption only increases.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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