Level

Stablecoin protocol backed by restaked dollar tokens

Followers27.90 K

Influence Index307

Related News

Peregrine Exploration raises $3.6 million from Polychain, Dragonfly for restaking-focused stablecoin protocol Level

The Block2024-08-29

Stablecoin Protocol Level Aims to Expand $80M DeFi Yield Token With Fresh Capital Raise

Similar Projects

*If it’s not clickable, it means no detailed information is available.

Parrot Protocol

DeFi network built on Solana

Decentralized lending-borrowing protocol

Decentralized staking protocol

Algorithmic Stablecoin Protocol

Cross-chain stablecoin lending protocol

Hubble Protocol

Solana borrowing and lending marketplace

Algorithmic rebase cryptocurrency

Multilayered restaking network

About Level

Founded

2024

Community

Tags

Stablecoin Protocol

Level is a stablecoin protocol powered by restaked dollar tokens like USDT and USDC. Level USD (lvlUSD) is a liquid restaked dollar: a yield-bearing, cross-chain dollar token that's backed 1:1 by restaked stablecoins.

Team Members

Kedian SunCo-Founder

David LeeCo-Founder

Investors

Dragonfly

Polychain

Robot Ventures

Global Coin Research

Pier Two

$e^{i} Ventures$ e^{i} Ventures

Sidney Powell

Balaji Srinivasan

Mr. Block

Julian Koh

Jeff Feng

Fundrasing details

Funding Round	Amount	Valuation	Date	Investors
--	$3.60M	--	2024-08-28	Dragonfly* Polychain* + 9