Levana in 2023

Levana Dragon Rider
Levana Protocol
Published in
4 min readFeb 5


Blast Off! Levana’s Exciting Plans for 2023 Unveiled

Are you ready for the ride of a lifetime? Levana is set to launch into the Cosmos, and they’re bringing you along for the journey. In this blog post, you’ll learn about Levana’s exciting plans for 2023 and how they’re poised to revolutionize the world of Perps DEXs.

2022 was a challenging year, but Levana is more determined than ever to bring their vision to life. Levana has been hard at work restructuring the operation, rebuilding the core contribution team, reducing the headcount by 80%, and bringing in new team members to steer the ship. With a new project manager, head of product, head of R&D, legal team, and more, Levana is ready to take on the world.

Levana’s Progress: The Future of Fully Collateralized Modular Perps DEX in Crypto

The world of cryptocurrency has seen significant progress in building the first fully collateralized modular perps decentralized exchange (DEX) in crypto. Levana is at the forefront of this revolution, providing traders and liquidity providers with a unique platform that offers several advantages over other platforms.

Levana will be launching the first perpetual swaps dex on Osmosis on Cosmos. Osmosis holds the largest liquidity on Comos and is the central hub for Cosmos trading.

Levana’s journey started with creating a comprehensive risk assessment of the perps, highlighting the various benefits of using Levana perps over other platforms.

So, what makes Levana perps unique?

Firstly, the most considerable risk to current leverage programs is insolvency, but Levana Perps is designed to prevent insolvency through its unique design created over the last nine months.

Secondly, Levana perps have been influenced by GameFi, and the two worlds co-exist in Levana’s ecosystem, providing premium benefits for Levana NFT holders, potentially unlocking features such as higher leverage, lower fees, and other perks to be determined.

Thirdly, Levana’s platform is modular, which can be deployed simultaneously on multiple chains, such as Juno, Kujira, Terra, Sei, and more within the Cosmos ecosystem. This offers a high level of flexibility and scalability, making it possible to reach a wider audience.

Additionally, the platform will have a gamified onboarding experience to help introduce a new audience to trading perps, educating users on the concept of perps, trading signals, trading strategies, and more. The gamification will continue with additional features to encourage user engagement and loyalty.

Many traders have mentioned how the biggest pain point outstanding from decentralized perps such as GMX is around the high fees associated with the platforms. Levana has designed a system with fee structure at the top of mind. You can read more about estimated comparative fees here.


Levana Perps is a platform designed to meet the needs of institutional traders and liquidity providers. With its unique design, modular platform, and gamified features, Levana is poised to revolutionize the world of cryptocurrency and significantly impact the DeFi space.

To experience the most recent beta version of Levana perps, visit the Osmosis testnet at https://beta.levana.exchange.

NFTs and Perps

NFTs have proven to be a successful addition to Perps platforms and Levana intends to learn from these platforms.

Read more about possible ways Levana could incorporate NFTs and Perps.


Levana Side Projects in 2023

In 2022, Levana was working on several exciting projects in the crypto and DeFi space. These projects included Perps, Options Trading, Comic, Novel, Games, and NFTs.

At the end of the year, the core contribution team decided to spin out many of these projects into smaller teams to allow for a more focused approach. In this post, we will take a closer look at each project and the high-level vision for the world of Levana moving forward.

Read more about the future of these side projects in 2023.


Levana has made incredible progress these past few months. The path to mainnet is exciting and within reach. The next update will hopefully be a month away and focus on an upcoming incentivised trading competition.

Join our telegram group https://t.me/levanaprotocol and sign up for our incentivized trading competition https://beta.levana.exchange/



Levana Dragon Rider
Levana Protocol