Level

Stablecoin protocol backed by restaked dollar tokens

Followers23.55 K

Influence Index275

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

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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	--	2024-08-29	Dragonfly* Polychain* + 9