LeverTrade
LeverTrade is a permissionless on-chain leveraged trading platform powered by smart contracts.
Last updated
LeverTrade is a permissionless on-chain leveraged trading platform powered by smart contracts.
Last updated
Traders deposit collateral such as BTC, ETH, Curve-LP, Uni-LP and more to trade changes in asset prices at up to 10x leverage.
Collateral are deposited to farming protocols, allowing traders to earn yields and leverage trade at the same time.
By depositing funds into Lending Pools, Lenders earn interest from Traders who borrow to leverage trade.
Interest rates are dynamic based on a utilization curve. The higher the asset utilization, the higher the interest rate.
Open trade positions are executed, stored and settled internally within the LeverFi platform only. Traders do not have direct access to the trading assets, and can only withdraw trading profits.
LeverFi route trades through multiple DEXs for optimized asset pricings, allowing Traders to execute chunky trades with minimized slippages.
A liquidator system is in place to margin call Traders if trading losses approach the value of collateral deposited.