Lever — the first AMM based decentralized margin trading platform on Ethereum where users can easily earn interest through lending and trade, using leverage. With its own credit pool and integrations with external AMMs like Uniswap, Lever can dramatically improve your trading efficiency and asset utilization.
Contents:
Description of the project
With Lever, traders in the DeFi space have access to simplified margin trading and visualized position management. Margin positions are realized through a decentralized credit pool. By making a margin deposit on Lever, traders can open a position with up to 3x leverage. Besides being used as collateral, your margin deposit will also earn you interest, which sets Lever apart from centralized exchanges.
Key features of the project:
| Effective use of assets | Users can lend their unused crypto assets to others and receive higher interest rates. |
| Fast and convenient trading | Borrowing and trading are fully integrated into Lever. Traders can easily enter a long or short position in just one step. In a future version, Leverage, Market Order, Limit Order and Stop Orders will also be supported. |
| Huge liquidity | Relying on AMMs like Uniswap, Sushiswap, Pancakeswap and 1inch, the project can provide high liquidity for your trading. It is also able to reduce slippage when opening or closing large positions. |
In addition to the main tokens, lenders can also use their certificates of deposit, such as aTokens AAVE and cTokens Compound, to receive interest or receive loans from Lever. Borrowing and trading are fully integrated into Lever.
Relying on AMMs like Uniswap, the project can provide high liquidity for your trading. It is also able to reduce slippage when opening or closing large positions.
Additional data
The site has a LitePaper document. You will find information about the project and rules of use there. Also, there is an introductory section, which also contains various features.
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The platform interface runs in English. The smart contract doesn’t have an audit.