OpenLeverage Mainnet Live

Published on: 21.12.2021

OpenLeverage Protocol has been deployed to the Ethereum mainnet.

All associated contract addresses can be found here.

OpenLeverage aims to provide an infrastructure to enable a permissionless margin trading market, allowing anyone to create markets, lend and borrow, and connect to trading venues to serve the unsatisfied market. No permission is necessary to create a margin trading market for any pair with isolated and market-adjusted risk controls. To better understand OpenLeverage’s potential, please refer to Yet Another Intro to OpenLeverage.

🔹For Lenders

Lenders will utilize the OpenLeverage protocol to lend any token through lending pools. This solution aims to unleash the lending and borrowing for hundreds, if not thousands, of fast-growing and long-tail tokens with a permissionless money market. Suppliers can earn yield from traders who make margin trades from borrowing funds at the lending pools.

🔹For Traders

Traders will appreciate OpenLeverage’s permissionless and secure leverage trading facility. OpenLeverage can support margin trading for thousands of different trading pairs by accessing the DEX’s depth; more pairs mean more opportunities for traders. Traders can long and shortany pair on DEXs with sufficient liquidity.

🔹For Projects

If product owners want to enable lending and margin trading for their token pairs, they can create a pair easily, with just one click. Two lending pools and a margin trading market will be available immediately.

Roadmap

In the near future, OpenLeverage plans to have multi-chain deployments, connecting top AMM DEXs across EVM compatible chains, such as BSC, Avalanche, and Polygon. Deployments to Layer-2 solutions such as Arbitrum and Optimism are also in the roadmap.