Leverj is a decentralized cryptocurrency derivatives trading platform that enables users to trade a range of digital assets using smart contracts. It aims to provide a secure and efficient environment for traders to execute their trades without the need for traditional intermediaries.
Leverj primarily focuses on providing leveraged trading on Ethereum-based assets, such as ERC-20 tokens. It utilizes a unique off-chain order book design that combines the advantages of centralized and decentralized exchanges. This allows for fast trade execution, high scalability, and low fees while maintaining the security and transparency of the blockchain.
The platform operates with its native cryptocurrency called Leverj (LEV), which is an ERC-20 token on the Ethereum network. LEV tokens are used for various purposes within the Leverj ecosystem, including paying trading fees, accessing advanced features, and participating in network governance.
Leverj also implements a DAI stablecoin integration to provide traders with a stable trading option amid the volatility of the cryptocurrency market. This integration enables the trading of leveraged positions against the DAI stablecoin, reducing exposure to price fluctuations.
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