Level
Level is a decentralized stablecoin protocol that generates yield for its stablecoin exclusively from DeFi. It offers a stablecoin, lvlUSD, that is fully collateralized by fiat-backed stablecoins such as USDC and USDT, supplied on lending protocols like Aave to generate yield. Level aims to provide sustainable, on-chain yield and minimize the centralized counterparty and operational risk faced by many competitors.
Funding Round: Strategic Investment
Funding Amount: $2.6M
Date: 18-Mar-2025
Investors: Dragonfly, Polychain, Flowdesk, Echo syndicates Native Crypto, Feisty Collective by Path, Sam Kazemian, Albert Chon
Markets: DeFi, Blockchain, Fintech
HQ: San Francisco, California, United States
Founded:
Website: https://www.level.money/
Crunchbase: https://www.crunchbase.com/organization/level-money
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