A DeFi protocol called LeverFi has secured a $2 million crypto funding from DWF Labs, the new generation Web3 investor and market maker, to further develop and expand its Web3 services.
Congratulations @LeverFi 🎉
— DWF Labs (@DWFLabs) September 26, 2023
We look forward to your continued support on our journey to bring greater innovations to decentralized finance ✨️ https://t.co/1bhYIganw8
Funds received from this investment are subject to a two-year lockup.
LeverFi is an Ethereum-based decentralised, on-chain leverage trading platform that seeks to address several pain points in DeFi by offering a suite of intuitive solutions. It offers multi-asset lending, leveraged trading solutions, and tools to improve the DeFi experience. The protocol is powered by the LEVER utility token, which is used for governance and staking.
DWF Labs is a global digital asset market maker and a crypto venture capital fund that provides support to portfolio companies, from exchange listings to crypto liquidity provisioning. Apart from direct funding, our company offers consulting, trading strategies, cybersecurity, smart contract audit processes, debt financing, treasury management, and connections with numerous partners across different verticals.