Logo of Level PerpsLevel Perps(LVL)

Total Value Locked$400.6

TVL by Chain

BSC$373.11

Arbitrum$27.49

Key Metrics

Cumulative Fees$34.33m
Cumulative Fees by chain

BSC$30.97m

Arbitrum$3.36m

Cumulative Revenue$17.7m
Cumulative Revenue by chain

BSC$15.85m

Arbitrum$1.85m

Cumulative Holders Revenue$4.32m
Cumulative Holders Revenue by chain

BSC$3.65m

Arbitrum$672,108

Cumulative Perp Volume$19.103b
Cumulative Perp Volume by chain

BSC$17.76b

Arbitrum$1.342b

Protocol Information

Level Finance - Decentralized Perpetual Exchange.

X/Twitter
Category:Derivatives

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All mint, burn, margin, liquidation and swap fees are collectView code on GitHubRevenue: Revenue is 55% of the total fees, which goes to Treasury and LVL/LGO stakersView code on GitHubHolders Revenue: 20% of the total fees goes to LVL/LGO stakersView code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHub

User Activity

Active Addresses (24h)0

New Addresses (24h)0

Transactions (24h)0

Gas Used (24h)0 BNB

Gas Cost (24h)$0

Hacks

Date: May 1, 2023

Amount: $1.1m

Classification: Protocol Logic

Technique: Reward Logic Flaw

Chains: BSC

Language: Solidity

Target Type: DeFi Protocol

Competitors

AZverse Perps ($51.92m)Apex Omni ($32.78m)Contango V2 ($13.42m)MUX Perps ($10.24m)AlphaX ($2.8m)SYMMIO ($2.56m)ApeX Pro ($1.43m)MUFEX ($276,564.49)Jarvis Network ($257,982.76)Vest Markets ($225,089.42)

Frequently Asked Questions

What is Level Perps' TVL?

Level Perps currently has $400.6 in total value locked. TVL has increased 23.6% over the past 30 days.

What chains does Level Perps operate on?

Level Perps operates on 2 chains: BSC and Arbitrum. BSC holds the largest share at 93.1%.

How does Level Perps' TVL compare to similar protocols?

Among Derivatives protocols tracked by DefiLlama, Level Perps ranks #225 by TVL. The category holds $2.211b across 420 protocols, and Level Perps accounts for <0.1% of that total. Other leading protocols include AZverse Perps, Apex Omni, Contango V2, MUX Perps, AlphaX, SYMMIO, ApeX Pro, MUFEX, Jarvis Network, and Vest Markets.

Has Level Perps ever been exploited?

Level Perps has 1 recorded security incident. The most recent incident occurred on May 1, 2023 and involved $1.1m. It was classified as Protocol Logic.