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About Level
Level Finance is a decentralized perpetual exchange operating on BNB Chain and Arbitrum. It uses a GMX-style model where liquidity providers stake in the LLP pool to earn trading fees.
Traders can access up to 50x leverage on major crypto assets, with oracle-based pricing for low slippage. The platform features a tiered loyalty program that rewards active traders with better fee rates.
The LVL token governs the protocol and captures value through staking and buybacks. Level has become a significant perpetuals venue on BNB Chain.
Key Features
Multi-Chain
BNB Chain and Arbitrum
LLP Liquidity
GMX-style liquidity pool
Up to 50x Leverage
High leverage trading
Loyalty Program
Tiered fee discounts
LVL Token
Governance and staking
Oracle Pricing
Low slippage execution
Use Cases
Perpetual Trading
Leveraged crypto positions
LLP Providing
Earn fees as liquidity provider
LVL Staking
Stake for protocol rewards
Loyalty Farming
Trade for tier upgrades
BNB Chain DeFi
Major BSC perpetuals venue
Project Info
Frequently Asked Questions
LLP (Level Liquidity Pool) is the liquidity layer for Level. LLP holders provide assets that serve as counterparty to traders. In return, LLP earns trading fees. Similar to GMX's GLP but on different chains.
Level has a tiered system where trading volume earns loyalty points. Higher tiers get better fee rates and other benefits. It incentivizes active trading and creates sticky users.
LVL is the governance and utility token. Stake LVL for protocol revenue share. Level also uses fees for LVL buybacks. LVL holders participate in governance decisions.
Similar mechanics—liquidity pool, oracle pricing. Level has a loyalty program GMX lacks. Level is on BNB Chain primarily while GMX is on Arbitrum/Avalanche. GMX has more TVL and track record.
Level is audited and has operated since 2022. It uses proven GMX-style mechanics. Standard perpetual risks apply—liquidation, oracle risk, LP risk. Do your own research on newer protocols.