LeverFi faces exchange exodus and supply shocks – here’s the latest:
Bitget Delists LEVER Futures (15 August 2025) – Final trading halted August 19, intensifying liquidity concerns.
Phemex Removes LEVER Spot Pairs (2 July 2025) – Fourth exchange to delist in two months.
13.7B LEVER Minted Amid Binance Exit (30 June 2025) – Token supply surged 25% during critical delisting period.
Deep Dive
1. Bitget Delists LEVER Futures (15 August 2025)
Overview Bitget will close LEVER futures trading on 19 August 2025, forcing position closures and removing related trading bots. This follows similar moves by Binance, Bybit, and CoinDCX since late June.
What this means This compounds LEVER’s liquidity crisis – derivatives accounted for 32% of its trading activity pre-delistings. With turnover already at 14.8% (well below healthy 50%+ thresholds), forced exits could amplify volatility. (Bitget)
2. Phemex Removes LEVER Spot Pairs (2 July 2025)
Overview Phemex delisted LEVER/USDT spot trading on 2 July 2025, blocking deposits/withdrawals and auto-canceling orders. Users must now contact support to retrieve assets.
What this means The removal from mid-tier exchanges reduces retail access points. LEVER’s 24h volume plummeted 74% since June’s delisting wave, from $50.9M to $1.2M by August 2025. (Phemex)
3. 13.7B LEVER Minted Amid Binance Exit (30 June 2025)
Overview LeverFi minted 13.7B LEVER tokens (25% of circulating supply) on 30 June 2025, coinciding with Binance’s delisting announcement. 41% went to Bybit, raising dilution fears.
What this means The opaque minting – absent prior communication – triggered a 62% price drop in July. With 75.16% yearly losses already, this eroded trust in supply governance. (Coinlive)
Conclusion
LEVER’s shrinking exchange support and controversial token minting have created a perfect storm of liquidity erosion and credibility challenges. While the project still operates its DeFi platform, the lack of proactive communication raises sustainability questions. Can LeverFi stabilize its ecosystem without major exchange partnerships?
What are people saying about LEVER?
TLDR
LeverFi’s narrative swings between exchange exodus and fleeting rallies. Here’s what’s trending:
Bitget delisting LEVER futures – bearish signal for liquidity
"⚠️ Bitget Delists $LEVER Futures! Users must close positions by Aug 19." – @Bitget (3.2M followers · 12K impressions · 15 August 2025 02:40 PM UTC) View original post What this means: Bearish for LEVER because derivatives delistings reduce trading avenues, potentially accelerating sell pressure as leveraged positions unwind.
2. Coinlive: Binance Exit Collides With Massive Mint bearish
"LeverFi minted 13.7B LEVER tokens days before Binance delisting, crashing prices amid zero team transparency." – Coinlive (220K followers · 8.5K impressions · 30 June 2025 12:19 PM UTC) View article What this means: Bearish due to the dual shock of supply inflation (+24.6% new tokens) and losing Binance’s liquidity lifeline, compounding investor distrust.
"LEVER surged 32% post-v2 launch + OKX listing, whales hoarding 45% more tokens." – @genius_sirenBSC (18K followers · 2.3K impressions · 30 June 2025 08:56 AM UTC) View original post What this means: Bullish short-term catalyst, but the rally fizzled post-Binance delisting news, showing fragility despite whale accumulation.
Conclusion
The consensus on LEVER is bearish, dominated by exchange exits and opaque tokenomics. While OKX adoption briefly lifted sentiment, subsequent delistings and the 13.7B token mint exposed structural risks. Watch LEVER’s circulating supply (now 55.79B) for dilution signals and whether remaining exchanges like Bybit sustain liquidity.
What is next on LEVER’s roadmap?
TLDR LeverFi’s roadmap faces uncertainty amid recent exchange delistings and unclear development signals.
Overview: Following Binance’s delisting of LEVER on July 4, 2025, LeverFi faces reduced liquidity and market access. The team has not publicly outlined specific strategies to counter this, but historical data suggests a need to diversify exchange listings or enhance decentralized trading infrastructure.
What this means: This is bearish for LEVER because centralized exchange delistings often lead to liquidity fragmentation and reduced retail participation. However, a pivot to decentralized platforms could align with DeFi principles if executed swiftly.
2. Governance Staking Program (2023)
Overview: Launched in September 2023, this program allows users to lock LEVER tokens (30–90 days) to earn Governance Points (LVR), which grant VIP access to LeverFi products (LeverFi).
What this means: Neutral for LEVER. While the program reduces circulating supply, its impact has likely plateaued given the token’s 89% annual price decline. Sustained utility depends on new product integrations.
3. OmniZK Protocol Expansion (Unspecified)
Overview: LeverFi’s OmniZK aims to enable Bitcoin-native settlements for EVM-layer computations. Documentation last updated in 2024 lacks technical milestones or timelines, creating ambiguity about progress (LeverFi Docs).
What this means: Bullish if delivered, as Bitcoin DeFi integration could attract capital. However, the absence of updates since 2024 raises execution risks.
Conclusion
LeverFi’s immediate focus appears reactive (managing post-delisting fallout) rather than proactive innovation. While the OmniZK vision holds promise, the lack of transparent updates and reliance on outdated incentives like staking cast doubt on near-term momentum. Will LeverFi prioritize technical execution or community retention to reverse its 90% annual decline?
What is the latest update in LEVER’s codebase?
TLDR
LeverFi’s recent updates focus on governance and platform enhancements.
Governance Staking Launch (Sep 2023) – Introduced LEVER staking with tiered rewards and governance rights.
Public Beta Features (Dec 2022) – Launched cross-margin trading and yield integration.
Security Audits (Aug 2022) – Completed audits by Peckshield and Beosin pre-beta.
Deep Dive
1. Governance Staking Launch (Sep 2023)
Overview: LeverFi introduced a staking program allowing users to lock LEVER tokens (30–90 days) to earn governance points (LVR) and voting power. The program aims to reduce circulating supply and incentivize long-term holders. Stakers receive LVR tokens, tradable on Uniswap, with a 5% sell tax burned. Governance points grant VIP access to future products. What this means: This is bullish for LEVER as it encourages holding and reduces sell pressure, potentially stabilizing prices. However, the 5% sell tax may deter short-term traders. (Source)
2. Public Beta Features (Dec 2022)
Overview: The beta release enabled cross-margin leveraged trading, allowing collateral to earn yield via integrations with Convex and Aave. Traders could access up to 4x leverage while lenders earned interest from borrowed funds. The platform emphasized flash-crash resistance and gas rebates. What this means: Neutral for LEVER, as while it expanded utility, adoption metrics (TVL, volume) post-launch weren’t disclosed. Integration with yield protocols added complexity but improved capital efficiency. (Source)
3. Security Audits (Aug 2022)
Overview: Pre-launch audits by Peckshield and Beosin validated smart contract security, with reports published pre-beta. A public bug bounty followed in September 2022. What this means: Bullish for LEVER, as audits reduced exploit risks and built trust. However, no major protocol breaches have been reported since, suggesting sustained security. (Source)
Conclusion
LeverFi’s development prioritizes governance alignment and trading infrastructure, though recent updates are sparse post-2023. The staking program and audit-backed beta reflect a focus on security and community incentives. How will upcoming multi-chain expansions (teased for 2023–2025) impact LEVER’s utility amid exchange delistings?