OpenLeverage is a permissionless lending margin trading protocol that enables traders or other applications to long or short on any trading pair on DEXs efficiently and securely.
Jul 6, 2022 19:00:00
Jul 7, 2022 15:00:00
ICO Details
What is OpenLeverage?
OpenLeverage is a permissionless lending margin trading protocol that enables traders or other applications to long or short on any trading pair on DEXs efficiently and securely.
OpenLeverage is a permissionless lending and margin trading protocol with aggregated DEX liquidity, enabling traders to long or short any trading pair on DEXs efficiently and securely. Anyone can create lending pools to support margin trading for specific token pairs with liquidity pools on DEXs. OpenLeverage is currently deployed on Ethereum, the BNB chain and KCC. Important milestones include crossing $700 million in Total Trading Volume, and $14.5 million in TVL. OpenLeverage is incubated by Binance Labs and Creative Destruction Lab. We have received security audits from PeckShield, Code4Rena and CertiK.
OpenLeverage Unique Features
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Margin Trading with Liquidity on DEXs, connecting traders to trade with the most liquid decentralized markets like Uniswap, PancakeSwap, SushiSwap, and more.
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Risk Isolation Lending Pools, having two separated pools for each pair, and different risk and interest rate parameters, allow lenders to invest according to the risk-reward ratio.
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Risk Calculation with Real-time AMM Price, calculating collateral ratio with real-time AMM price for any pair available from a DEX.
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OnDemand Oracle uses TWAP prices provided by the DEX to detect price manipulation and force price updates to make it valid for trading and liquidation.
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LToken is an interest rate-bearing token for each lending pool, allowing the third-party to incentivize their community to provide liquidity into the lending pools into support margin trading for their token pairs.
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OLE Token is the protocol native token, minted by protocol usage, and staked to get rewards and protocol privileges.
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Very intuitive and user-friendly UI design
Roadmap
Q3/2021:
- Launch products on Ethereum
- Integrated Uniswap V2 & V3
Q4/2021:
- Integration with more DEXs, Margin Trading with Aggregate Liquidity
- Layer 2 solution on Arbitrum and Optimist
Q/2022 and the future
- Token Launch
- Loss insurance
- Limit orders for margin trading
- Decentralized Asset Management
- Yield Farm Altcoin based on leverage
- Leveraged basket trading
- Delta Netual strategy with options
OpenLeverage Token Economy
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Detailed Token Metrics
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Token Distribution
Token Release Schedule
Partners & Advisors
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Team Members
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Investors
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