Level
Stablecoin protocol backed by restaked dollar tokens
Overview
𝕏 Statistics
Details
Level is a stablecoin protocol powered by restaked dollar tokens like USDT and USDC. Level USD (lvlUSD) is a liquid restaked dollar: a yield-bearing, cross-chain dollar token that's backed 1:1 by restaked stablecoins.
Fundraising
Significant Events
Aug, 2024
Level raised $ 3.6 M in funding round
Similar Projects
Parrot Protocol
DeFi network built on Solana
Aave
Decentralized lending-borrowing protocol
Ether.Fi
Decentralized staking protocol
Sperax
Algorithmic Stablecoin Protocol
Abracadabra
Cross-chain stablecoin lending protocol
Hubble Protocol
Solana borrowing and lending marketplace
Ampleforth
Algorithmic rebase cryptocurrency
Nektar Network
Multilayered restaking network