LEVEL is the leading decentralized and non-custodial perpetual DEX on BNB Chain. We provide perpetual trading (up to 30x leverage), and a unique user-elected risk management framework built entirely from the ground up.
The LEVEL DEX enables asset holders on the BNB Chain to earn passive yield on their crypto holdings by becoming an LP and supplying liquidity to the AMM pool, and selecting the respective risk profile most appropriate to them.
Risks are allocated across three Tranches, each having its own respective composition of holdings. You can think of it as a basket of the most liquid assets, and depending on the seniority of the tranche on the credit table, both rewards as well as losses are attributed in a programmatic manner.
Aggregated liquidity is then used to power a marketplace for trading perpetual contracts. Fees are collectively natively in the currency they’re traded in, so liquidity providers earn in BTC/ETH/BNB and USDT. They can of course choose to swap it and only take any of the above, but the general idea is that the platform is Dollar agnostic. With every trade that goes through LEVEL, LPs will be accumulating more BTC/ETH/BNB/USDT.
Other highlights:
- Fully permissionless, on-chain, and non-custodial
- Real utility => Cash flow => Real yield
- Zero price impact trades powered by Chainlink Oracles
- Innovative Liquidity and risk management solution for Level LPs