Ask about Level
Logo of LevelLevel
Total Value Locked$566,831.37

TVL by Chain

Ethereum$566,831.37

Key Metrics

Fees (Annualized)$494,113
Fees 30d$0

Ethereum$0

Fees 7d$0

Ethereum$0

Fees 24h$0

Ethereum$0

Cumulative Fees$2.62m

Ethereum$2.62m

Revenue (30d Run Rate)$0
Revenue 30d$0

Ethereum$0

Revenue 7d$0

Ethereum$0

Revenue 24h$0

Ethereum$0

Cumulative Revenue$0

Ethereum$0

Total Raised$6.2m

Aug 29, 2024$3.6mRound: PrivateInvestors: Polychain Capital, Dragonfly, Robot Ventures , Pier Two, EIV, Global Coin Research, Balaji Srinivasan, Julian Koh, Sidney Powell, Jeff Feng, MrBlock, GCR

Mar 18, 2025$2.6mRound: StrategicInvestors: Dragonfly Capital, Polychain Capital, Flowdesk, Blockchain Founders Capital

Protocol Information

Level is a yield-bearing stablecoin protocol powered by USDT and USDC deposited into DeFi-native sources.

Category:CDP

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total yield were generated from backing collateral assets.View code on GitHubRevenue: The amount of yield are collected by Level protocol.View code on GitHub

Competitors

Sky Lending ($5.789b)USDD ($1.39b)Liquity V1 ($144.38m)Liquity V2 ($78.49m)crvUSD ($71.52m)Frankencoin ($69.1m)Reservoir Protocol ($32.93m)Inverse Finance FiRM ($19.35m)BIMA CDP ($7.35m)Inverse Finance Frontier ($5m)

Frequently Asked Questions

What is Level?

Level is a yield-bearing stablecoin protocol powered by USDT and USDC deposited into DeFi-native sources.

What is Level's TVL?

Level currently has $566,831.37 in total value locked. TVL has decreased 0.3% over the past 30 days.

What chains does Level operate on?

Level operates on Ethereum. Ethereum holds the largest share at 100%.

How much has Level generated in fees and revenue?

Over the past 30 days, Level generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $494,113 in fees.

How does Level's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Level ranks #43 by TVL. The category holds $8.13b across 190 protocols, and Level accounts for <0.1% of that total. Other leading protocols include Sky, USDD, and Lista DAO.