Deeper Liquidity & Better Asset Utilization & More Decentralized
High Capital Efficiency
Other than mainstream tokens, lenders can also use their deposit certificates such as AAVE’s aTokens and Compound’s cTokens to earn interest or take out loans from Lever.
Quick and Convenient Trading
Borrowing and trading are seamlessly integrated within Lever. Traders can easily open a long or short position in just one step.
Enormous Liquidity
Relying on AMMs like Uniswap, Lever is able to provide deep liquidity for your trade. Also, it is able to effectively reduce the slippage when opening or closing large positions.
Margin Trading and Shorting
Thanks to Lever’s powerful margin pool, traders can easily open leveraged positions to eitherlong or short an asset. In addition to WBTC and ETH, many DEFI and ERC20 assets like SNX, UNI and AAVE now can be shorted in Lever.
Lever Network enables lending and borrowing using smart contracts which are open source. Lever Network does not take custody of tokens and is only a peer to peer marketplace for lenders and borrowers. Lever Network uses partner exchanges (Uniswap and Sushi Exchange) for placing a trade. There is a gas delegation fee which the platform might charge on some or all of the transactions. This is only to reimburse the relayers the charge of relaying the transaction onto the blockchain.
