Overview
The permissionless nature of DeFi allows any tokens to be listed and traded quickly and easily. Nowadays, It's hard for users to find permissionless markets when looking for leverage trading. Existing Decentralized Leverage Trading Protocols provide only minimal pairs and market depth cannot scale to meet the growth of the market. So to truly build DeFi's vision of global financial access, there needs to be a decentralized, permissionless, scalable and secure leverage trading facility.
What is OpenLeverage?
OpenLeverage is a permissionless margin trading protocol, which enables traders or other applications to be long or short any trading pair on DEXs efficiently and securely.
The mission of OpenLeverage Protocol is to create an entirely permissionless decentralized margin trading infrastructure which means no permission need to create a margin trading market for any pair.
Key features
- Margin Trading with Liquidity on DEX: connects traders to trade with DEXs like Uniswap, Pancakeswap, and more.
- Risk Isolation Lending Pools: allows lenders to invest according to the risk-reward ratio.
- Risk Calculation with a Real-time AMM Price: calculates collateral ratio with real-time AMM pricing for any pair from a DEX.
- 2 Phases Liquidations: to avoid flash loan attacks and cascading liquidation events.
- LToken: an interest rate bearing token for each lending pool, allows tokenomics integration with projects.
- OLE Token: a governance token, allows holders to vote or stake to get rewards and protocol privileges.
- An intuitive and user-friendly UI
Intuitive User Interface with Air Design
What makes OpenLeverage unique?
- Anyone can create lending pools for any trading pair available on a DEX
- Lenders can earn higher yields
- Traders can borrow and trade with leverage with a 1-click transaction
- Projects can integrate with the OpenLeverage to facilitate leverage trading on specific trading pairs by integrating LToken
- Liquidators can trigger liquidations to earn rewards based on gas prices