What is Staked Level USD (SLVLUSD)?
Level USD (lvlUSD) is a liquid restaked dollar: a yield-bearing, cross-chain dollar token that's fully collateralized by restaked stablecoins. Staked Level USD (slvlUSD) is a yield-accruing receipt token that users receive when they staked their lvlUSD. Before, stablecoin users couldn't earn restaking yields. lvlUSD offers a solution for those who want to earn restaking yields without being exposed to the price of ETH or BTC. In addition to earning multiple yields from decentralized networks at the same time, lvlUSD can be used across DeFi for trading, lending, collateral, and speculation.
Where can you buy Staked Level USD?
Staked Level USD (SLVLUSD) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for SLVLUSD sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for SLVLUSD. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.