【Press Release – Kuala Lumpur, Malaysia, July 8, 2024】
Lavarage, a groundbreaking decentralized spot margin trading platform, announced its official public launch at the Solana Asia Pacific Summit held in Kuala Lumpur. After two months of successful beta testing, Lavarage has facilitated over 10,000 leveraged trades for hundreds of tokens, and the platform will now drive wider adoption of decentralized finance (DeFi).
Lavarage announced its official public release at the Solana Asia Pacific Summit in Kuala Lumpur.
Lavarage provides a platform that enables decentralized spot margin trading for any token traded on decentralized exchanges (DEX), offering a unique trading experience. Not only is Lavarage innovative in improving capital efficiency for DeFi trading, but it also prioritizes usability – a rarity in the DeFi and Web3 space. The project is spearheaded by a team of experienced financial market professionals, seasoned product designers, and local blockchain engineers.
LavaEdge:
Permissionless Access: Spot margin trading is available for any token traded on DEX. Real Liquidity: Trades are always conducted with DEX liquidity, at real market prices. Usability: A mobile-first frontend designed by traders, for traders. Security: Stringent audits by five senior administrators from the Code4rena community.
A Step Forward for DeFi
Fire, CEO of Lavarage, stated, “The public release of Lavarage marks an important milestone in our mission to enhance liquidity and accessibility in the DeFi ecosystem. While our platform is built to enable spot margin trading for all tokens, we have indeed seen many of our users utilizing Lavarage for leveraged trading of the latest meme coins shortly after they start trading on DEX.”
Fire, CEO of Lavarage, as a spokesperson for the Solana Summit Asia Pacific group
Explore Lavarage
Traders and DeFi enthusiasts are invited to join the Lavarage platform and start leveraging its advanced trading functionalities. 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 the latter to engage in spot margin trading on decentralized exchanges. Built by a team with deep roots in traditional finance, blockchain engineering, and product design, Lavarage is a premier brokerage firm on-chain, aiming to enhance capital efficiency in the entire DeFi ecosystem.
Official Links:
Website: https://lavarage.xyz
dApp: https://app.lavarage.xyz/?ref=PublicPR
Twitter: https://twitter.com/Lavaragexyz
Discord: https://discord.gg/lavarage
Medium: https://lavaragexyz.medium.com