Locations
New York, NY, USA
industry
Blockchain and Crypto · Information Technology · Internet Services · Software
Size
1 - 10 employees
Stage
Seed
founded in
2024
Level is the protocol behind Level USD (lvlUSD), a stablecoin backed by restaked dollar tokens. Level abstracts away the complexities of restaking, allowing lvlUSD users to earn restaking yield by securing networks with their dollar tokens, without exposure to the price volatility of cryptocurrencies like ETH and BTC. lvlUSD can be used in the rest of DeFi as a novel stablecoin primitive. Level unlocks approximately $160B worth of stablecoins to be used to provide economic security for Actively Validated Services (AVSs), removing volatility and making it easier to price and forecast security.
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