$LEVR

Not launched

Own The House

100% of LEVR revenue follows one rule: 60% buys back and burns LEVR, 30% rewards stakers, 10% runs the house. Traders earn points on all trades which convert to airdrop season rewards.

Trades placed

3 for the next 08:00 UTC close

Total Platform Traders

one per wallet

Season 0 points

67,180

105 correct calls · 41 wallets

LEVR list

475

members

LEVR's own counts of the trades placed here, on Derive. Not the venue's figures, not money. Refreshes every minute.

Price

—

Not launched

Market cap

—

Not launched

Bought back & burned

—

Not launched

Supply offset

—

Not launched

Designed, not launched. No token, no contract, no date. These fill in the day the token exists. Nothing on this page is an offer or a forecast.

How fees work

Every trade pays a small fee. Every fee is split the same way.

Live

$0.25 per contract

On every opening order. Nothing on closes. Shown on the ticket before you tap.

Switched on by the broker approval

A share of the venue's fees

Derive pays LEVR a share of its own fees on orders that carry the LEVR code. 10 % to start, more with volume.

Once the token exists

1 % on LEVR trades

On the DEX where the token trades. It feeds the split below, and never unlocks a season.

60 %

Buys LEVR. Burns it.

Bought on the market with real revenue, then gone for good.

30 %

To stakers, in USDC.

Paid in the revenue asset, weighted by time staked. Leave for free after 7 days, or now for 10 % that goes to the people who stayed.

10 %

To the team.

The operator's share. The same fixed rule for every dollar.

The loop

Fees unlock the token. Nothing else does.

Seasons do not release tokens because a calendar says so. A season can hand out at most one LEVR for every LEVR the buybacks burned from trading revenue, and never more than its cap.

01TradeA call on LEVR
02FeeA small fee on the open
03Buyback60 % buys LEVR
04BurnWhat is bought is burned
05UnlockOne LEVR per LEVR burned, to traders

Then back to the top: the traders who unlocked it are the ones trading. What a season leaves unlocked is burned when it ends.

Run the numbers

Fee revenue in a season

$1,000,000

Pick any number. The split never changes; only the size of each bucket does.

$100,000$10,000,000

60 % · Buys LEVR and burns it: $600,000
30 % · To stakers, in USDC: $300,000
10 % · To the team: $100,000

Illustrative only. A share of a number you chose, not revenue LEVR has earned and not a forecast.

The spec's Season 1 example

01$1,000,000fee revenue in the season
0230M burned60 % buys LEVR at $0.02
0330M LEVRunlocked for traders, 1:1
04170M burnedleft in the season vault, burned at the end

All of it examples, including the price. Example supply of 1B LEVR. Net for that season: as many tokens burned from the market as unlocked to traders, plus the unused cap gone.

Supply

Minted once. Never again.

10 % · at launch

100M LEVR

Circulating on day one. Small on purpose.

40 % · three seasons

400M LEVR

Locked in season vaults, unlocked only by fees, burned if unused.

50 % · locked

1 year cliff, then through year 3

Vested for 3 years with a 1 year cliff. Nothing from it unlocks in the first year.

Release schedule

The other 50% is vested for 3 years with a 1 year cliff.

Nothing from this half unlocks in the first year. Then it unlocks evenly, and the whole of it is out at the end of year 3. The address of the lock will be published here once the token exists, so this schedule can be checked against the contract.

Launch
0 %
unlocked
Locked
Year 1
0 %
unlocked
Cliff ends
Year 2
50 %
unlocked
Half of this 50% out
Year 3
100 %
unlocked
Fully unlocked

Lockup

—

Not launched. The contract address will appear here.

Two kinds of burn, reported apart: tokens bought from the market, and season supply that never circulated. Example supply of 1B: 10 % float, 40 % seasons, 50 % locked — the whole of it.

Point seasons

Season 0 is live. Three token seasons follow.

Season 0 is the practice season, with its own points and its own board. Seasons 1, 2 and 3 are the token seasons: fees are the points, and fees unlock the supply.

Season 0
Live
Now
Call the move. Rank on the board.
- +250 per correct call · +100 per trade day · +200 per shared call
- Traders who were here get the Season 0 badge.
Trade on LEVR
Season 1
20 %
of max supply, at most · 200M LEVR in the example
Unlocked only by fees. Unused is burned when the season ends.
Season 2
12 %
of max supply, at most · 120M LEVR in the example
Unlocked only by fees. Unused is burned when the season ends.
Season 3
8 %
of max supply, at most · 80M LEVR in the example
Unlocked only by fees. Unused is burned when the season ends.

Maximums, not schedules. Example supply of 1B LEVR; the real number and the season length are open.

Points = fees you generated × 100.
$1 of fees on your trades is 100 points. Points update as you trade.
A losing trade weighs 1.25×.
More weight in the split, not a bigger pool. Never a share of what you lost.
Rewards weekly.
Each week's unlocked LEVR is split by points. The season cap holds across every week.
Referrals: 10 % of a friend's fee points.
After a minimum, for as long as they trade. Never for signing up alone.

Join · now

Join, share, bring a friend.

+100 to join · +200 to share · +250 per friend who joins. A separate ledger from Season 0.

The board

Season 0 and referral points have no monetary value and are not a token, an allocation or an entitlement. How points work today

After Season 3

Emissions stop. The machine does not.

No Season 4 by default. No perpetual farming.
Trading revenue keeps coming in.
60 % keeps buying and burning. 30 % keeps paying stakers.
The only way supply moves after that is down.

Still open

The maximum supply. 1B is the example, not the number.
Season length, and whether the unlock ratio declines after Season 1.
The chain and the DEX for the token, and how the 1 % is collected.
A fee on winning trades: parked until it can be done without holding anyone's funds.
Counsel on all of it, a simulation, and the public dashboard, before any of it is final.