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Kuala Lumpur, Malaysia, July 8th, 2024, Chainwire

Lavarage, the pioneering decentralized spot margin trading platform, officially announced its public launch at the Solana Summit APAC in Kuala Lumpur. After a successful two-month closed beta, during which Lavarage facilitated over 10,000 leverage trading transactions across hundreds of tokens, the platform is now set to drive the broader 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 allows for decentralized spot margin trading for any tokens trading on decentralized exchanges (DEXs). Not only is Lavarage innovative with its approach to enhancing capital efficiency for DeFi trading, it also has a strong focus on usability—a feature that remains rare in the DeFi and Web3 spaces. This effort is spearheaded by a seasoned team of financial market veterans, experienced product designers, and blockchain-native engineers.

The Lavarage Edge:

• Permissionless Access: Spotting margin trading can be made available for any token already trading on DEXs.
• True Liquidity: Always trading against DEX liquidity, only at true market prices.
• Usability: A mobile-first front-end, designed by traders for traders.
• Security: Rigorously audited by five top wardens from the Code4rena community.

A Step Forward in DeFi

"The public launch of Lavarage marks a significant milestone in our mission to enhance liquidity and accessibility in the DeFi ecosystem," said Fire, CEO of Lavarage. "While our platform is built to allow margin spot trading for all tokens, we do see many of our users using Lavarage to trade the latest memecoins with leverage shortly after they started trading on DEXs."

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

Exploring Lavarage

Traders and DeFi enthusiasts are invited 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 the latter to conduct spot margin trading on decentralized exchanges. Built by a seasoned team with deep roots in traditional finance, blockchain engineering, and product design, Lavarage functions as an on-chain prime brokerage designed to enhance 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

Medium: https://lavaragexyz.medium.com

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