DeFi

Lavarage Announces Public Launch at Solana Summit APAC

Published

7 months ago

8 July, 2024

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Kuala Lumpur, Malaysia, July 8, 2024, Chainwire – WashingLavarage, the pioneering decentralized spot-margin trading platform, has officially announced its public launch at the Solana Summit APAC in Kuala Lumpur. Following a successful two-month closed beta, during which Lavarage facilitated over 10,000 leveraged trading transactions across hundreds of tokens, the platform is now ready to drive the wider adoption of decentralized finance (DeFi).

Lavarage officially announced its public launch at the Solana Summit APAC in Kuala Lumpur.

Lavarage offers a unique trading experience by providing a platform that enables decentralized spot margin trading for all tokens traded on decentralized exchanges (DEXs). Lavarage is not only innovative in its approach to improving capital efficiency for DeFi trading, but it also places a strong emphasis on ease of use, a feature that remains rare in the DeFi and Web3 spaces. This effort is led by a seasoned team of financial market veterans, experienced product designers, and blockchain-native engineers.

The edge of the wash:

Permissionless Access: Margin tracking can be made available for any token already traded on DEXs.
True Liquidity: Always trade based on DEX liquidity, only at true market prices.
Ease of use: A mobile-first user interface, designed by traders for traders.
Security: Rigorously audited by the top five gatekeepers in the Code4rena community.

A step forward in DeFi

“The public launch of Lavarage marks a significant milestone in our mission to improve liquidity and accessibility in the DeFi ecosystem,” said Fire, CEO of Lavarage. “While our platform is designed to enable spot margin trading for all tokens, we are seeing many of our users use Lavarage to trade the latest memecoins with leverage shortly after they start trading on DEXs.”

Fire, CEO of Lavarage, as a panel speaker at Solana Summit APAC

Discovering Lavarage

Traders and DeFi enthusiasts are welcome to join the Lavarage platform and start leveraging its advanced trading capabilities. For more information, users can visit https://app.lavarage.xyz/?ref=PublicPR or join the community on Discord and Twitter.

About Lavarage

Lavarage is a decentralized platform that connects liquidity providers with traders, enabling traders to perform spot margin trades on decentralized exchanges. Built by a seasoned team with deep roots in traditional finance, blockchain engineering, and product design, Lavarage operates as an on-chain prime broker designed to improve capital efficiency across the DeFi ecosystem.

Official links:

Website: https://lavarage.xyz

dApp: https://app.lavarage.xyz/?ref=PublicPR

X: https://twitter.com/Lavaragexyz

Discord: https://discord.gg/lavarage

AVERAGE: https://lavaragexyz.medium.com