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LeverFi (LEVER) Ethereum
Rating3.5- Coin: LeverFi (LEVER)
- Launch Date: 2022-07-04
- Address: 0x4B5f49487ea7B3609b1aD05459BE420548789f1f
- Platform: Ethereum
- Website: www.leverfi.io
- Explorers: etherscan.io
- Tags: DeFi, IOST, Solana Ecosystem, Arrington XRP Capital Portfolio, Alameda Research Portfolio, ParaFi Capital, Bitcoin Ecosystem, DWF Labs Portfolio, BRC-20
- Reddit:
- Facebook:
- Twitter: LeverFi
- Ranking: 1142
- Rating: 3.5
- # 514
LeverFi, formerly known as RAMP DEFI, is a decentralized leverage trading platform. In March of 2022, the team behind RAMP DEFI rebranded their company to adjust to the increasingly uncertain DeFi market. The rebrand aims to tackle issues within the current DeFi market such as a lack of sustainable TVL and utility.
The team behind LeverFi hopes to create a product that provides value by allowing users to trade and yield farm at the same time . Lenders deposit funds into lending pools and earn an interest from traders who borrow to leverage trade up to 10X. Any liquidity from lenders that are not used would be deposited into other DeFi protocols to generate more yield.
LeverFi aims to serve as a bridge for Ethereum and EVM-compatible chains like BNB Chain, Avalanche, Polygon, Arbitrum, Optimism and more.