Deep Dive
1. Exchange Exodus (Bearish Impact)
Overview: Binance, Bybit, and Phemex delisted LEVER in July 2025, citing compliance and liquidity concerns. Binance alone accounted for ~30% of LEVER’s trading volume pre-delisting (Binance). Smaller exchanges like ONUS followed suit, triggering a 68% price drop in June–July 2025.
What this means: Reduced market access starves liquidity, making large trades harder to execute without slippage. Historical parallels (e.g., Fairdesk’s 2024 shutdown) show delisted tokens rarely recover dominance.
2. Token Minting Controversy (Bearish Impact)
Overview: LeverFi minted 13.7B LEVER (25% of total supply) on June 30, 2025, coinciding with Binance’s delisting. Partial transfers to Bybit raised dilution fears, with no official explanation (CoinLive).
What this means: Sudden supply spikes historically depress prices—LEVER fell 55% weekly post-mint. Without burn mechanisms or transparency, trust erosion could persist.
3. Regulatory Headwinds (Mixed Impact)
Overview: Global regulators are targeting DeFi leverage platforms. While LeverFi’s non-custodial model avoids direct PvP risks, EU’s MiCA rules (2025) and U.S. stablecoin bills could force compliance overhauls.
What this means: Stricter rules may curb user growth but could legitimize compliant protocols. LEVER’s 87% yearly drop signals markets price in downside risks over upside.
Conclusion
LEVER’s path hinges on rebuilding trust post-delistings and clarifying tokenomics. While RSI-30 hints at oversold conditions, exchange exits and supply shocks outweigh technical signals. Can LeverFi pivot to decentralized liquidity pools to offset CEX dependency? Monitor on-chain deposits and governance updates for reversals.