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Staked Level USD SLVLUSD
SLVLUSD
1.064
$
0.14 %
Change 24h
Market Cap
$ 51,725,348
Volume 24h
$ 96,107
Circulating Supply
48,606,614
Total Supply
32,283,299
SLVLUSD
$
Description
Level USD (lvlUSD) is a liquid restaked dollar: a yield-bearing, cross-chain dollar token that's fully collateralized by restaked stablecoins. Staked Level USD (slvlUSD) is a yield-accruing receipt token that users receive when they staked their lvlUSD.
Before, stablecoin users couldn't earn restaking yields. lvlUSD offers a solution for those who want to earn restaking yields without being exposed to the price of ETH or BTC.
In addition to earning multiple yields from decentralized networks at the same time, lvlUSD can be used across DeFi for trading, lending, collateral, and speculation.