LEVER Surges After Announcing BRC-20 Launchpad

Daily Top Performer — LeverFi (LEVER)

The SPX index was up 0.42% overnight as trading volume shrank when traders were mostly on leave. The broader cryptocurrency market was down, with Bitcoin and Ether dropping 2.70% and 2.09% respectively in the past 24 hours. 

Today’s outperformer is LEVER, which jumped 46.7% after LeverPro prepares for global DeFi impact with upcoming BRC-20 launches and high-yield staking

LeverFi (LEVER), founded in 2019, is a decentralized finance (DeFi) platform that specializes in providing leveraged trading opportunities. They are preparing to launch LeverPro, a BRC-20 launchpad for the BTC ecosystem focusing on innovative BRC20 DeFi projects. It has several projects ready for launch, covering areas like collateralized stablecoins, asset lending/borrowing, and yield farming. LeverPro invites project teams for collaboration and offers incentives for LEVER staking with high APRs. The platform, backed by LeverFi, is set to start co-marketing with partners soon and aims to expand globally, enhancing the DeFi trading experience.

Check Out the Latest Prices, Charts, and Data of LEVERUSDT Perp and LEVER/USDT Spot!

Talk of the Town:

The Metis (METIS) cryptocurrency experienced a 50% surge, extending its 30-day gains to over 240%, partly due to a $360 million grant from the MetisDAO Foundation for ecosystem development. This grant, aimed at enhancing development, liquidity, and adoption within the Metis ecosystem, is set to start disbursing in the first quarter of 2024. The anticipation of these rewards has increased the value locked in Metis projects to over $500 million. Additionally, tokens of ecosystem projects like Maia (MAIA) and Hermes (HERMES) have also seen significant increases, with annualized rewards in some liquidity pools reaching up to 200%. Trading volumes on Tethys, a decentralized trading protocol, also spiked, leading to a 60% price increase in TETHYS tokens.