OpenLeverage

OpenLeverage is a permissionless margin trading protocol, which enables traders to long or short any trading pair on DEXs efficiently and securely. The permissionless nature of Decentralized Finance allows any tokens to be listed and traded with rapid growth in liquidity and volume. But users today are still difficult to find permissionless markets when looking for leverage trading. Centralized exchanges are under immense regulatory pressure and are costly to make any market due to their self-centered business model. Existing Decentralized Leverage Trading Protocols provide only minimal pairs and market depth and cannot scale to meet demand from rapid market development. To truly build DeFi’s vision of global financial access, there needs to be a decentralized, permissionless, scalable, secure leverage trading facility that serves the long tail and fast-growing DeFi market. The mission of OpenLeverage Protocol is to create an entirely permissionless decentralized margin trading infrastructure. Therefore, no permission must be needed to create a margin trading market for any pair. This is a stance the development team put into the protocol design.