Level Perps

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Level Perps is published as a versioned release inside the Level Finance protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

Level Perps 是更大协议家族中的一个版本。打开父协议可查看合并的 TVL 及所有同系列版本。

由 DeFiLlama 社区标记的重要事件——协议上线、安全攻击、治理变更和激励计划。

1. Dec 28, 2022
   上线 DeFiLlama

Level Perps is a Derivatives protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract. It is deployed across 2 chains, including Arbitrum, Binance. The codebase has been independently audited (3 reports on file).

Level Perps operates on 2 networks (Arbitrum, Binance), keeping its surface area narrower than chain-agnostic peers. Roughly 93% of its on-chain value sits on just three networks (Arbitrum, Binance-pool2, pool2), so a fault on any one of them would affect a large slice of users. Price discovery relies on 2 oracle providers (Chainlink, Pyth), which diversifies the data-feed surface but also expands the set of third parties users implicitly trust. 3 public audit reports are linked from DeFiLlama, which is on the higher end of transparency for the DeFi sector — most protocols of comparable TVL publish far fewer.

Verified external resources for Level Perps — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Level Perps is one of 7 Derivatives protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Jupiter Perpetual Exchange, Hyperliquid HLP, Drift Trade, and 3 more. These peer protocols collectively secure US$22.7亿 in deposits, giving you a frame of reference for whether Level Perps's own TVL is at the top, middle, or tail of the category.

Jupiter Perpetual Exchange

TVL US$9.1亿 · 24h -0.27%

Hyperliquid HLP

TVL US$4.3亿 · 24h +0.11%

Drift Trade

TVL US$3.3亿 · 24h +0.22%

GMX V2 Perps

TVL US$2.7亿 · 24h -0.08%

Extended

TVL US$2亿 · 24h +0.06%

dYdX V4

TVL US$1.3亿 · 24h +0.58%