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Level USD

Level USD

LVLUSD
$0.9981Down 0.01 percent($0.00)

Key Stats

Market Cap$402.90KDown 0.01 percent
Volume (24h)$48.04
Fully Diluted Value$402.90K
Vol/Mkt Cap (24h)0.01%
Total Supply403.65K LVLUSD
Max Supply∞
Launch Date2024-10-02
Built OnETH
Token StandardERC20
Smart Contract Address0x7C11…AF37
Decimal Places18

Level USD Information

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Stablecoin
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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
lvlUSDERC20ETH0x7C1156E515aA1A2E851674120074968C905aAF372024-10-02

About Level USD

Level USD (LVLUSD) is a fully collateralized, yield-bearing stablecoin developed by Level. It offers users the ability to earn yields from decentralized networks while maintaining stability through backing by USDC and USDT. LVLUSD can be used across various DeFi platforms for trading, lending, and collateralization.

Frequently Asked Questions

​Level USD (LVLUSD) is a yield-bearing stablecoin fully collateralized by restaked stablecoins, specifically USDC and USDT. It is designed to maintain a stable value while generating additional yields through integration with decentralized finance (DeFi) protocols.

LVLUSD serves multiple purposes within the DeFi ecosystem:​

  • Yield Generation: Holders can earn yields from decentralized networks without exposure to volatile assets like ETH or BTC. ​

  • DeFi Applications: LVLUSD can be utilized across various DeFi platforms for trading, lending, collateralization, and speculation.

LVLUSD was developed by Level, a decentralized stablecoin protocol focused on enhancing the composability and utility of permissionless finance. Level integrates deeply with leading DeFi protocols to provide users with stable, yield-generating digital assets.