Level is a perpetual exchange that uses collateralized debt positions to generate yield-bearing liquidity. Magma Finance is a smart settlement plugin designed for the Sui network. Level suits traders seeking yield from perpetual swaps, while Magma suits Sui users needing efficient settlement tools.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $566.7KDefiLlama | $64.9KDefiLlama |
| MCap Rank | #5328 | #390 |
| Total Raised | $6.2M | $6.0M |
| Founded | 2024 | 2024 |
| Stage | — | — |
| X / Twitter | 32K | 30K |
| GitHub Stars | 17 | — |
| Chains | arbitrumbnb-chainethereum | iotexsui |
| Tags | Restaking, Stablecoin Protocol, DeFi | DeFi, DEX, Decentralized Finance (DeFi) |
Level Finance is a decentralized perpetual exchange on the BNB Chain, offering capital-efficient liquidity and risk management for traders. It also operates a yield-bearing stablecoin protocol on Ethereum that generates passive income from deposited USDT and USDC. The project has facilitated over $25 billion in total trading volume since 2022.
Magma Finance is a decentralized exchange and liquidity protocol on Sui that provides adaptive liquidity, improved capital efficiency, and deeper execution depth for DeFi traders. It also offers a CDP platform on IoTeX that unlocks native chain token liquidity with 0% loans backed by IOTX collateral.