Primary features
Levana Perps is a perpetual futures DEX built with the Cosmos SDK and deployed on Osmosis, designed to offer well‑funded, spot‑price–settled perps with strong guarantees against insolvency. The Levana platform emphasizes robust risk management, global liquidity pools, and delta‑neutral mechanics to make leveraged trading safer and more capital efficient for DeFi users.
- Perpetual Swaps — On‑chain perps with no expiry across multiple markets.
- Global Liquidity Pool — Single pool backing all markets for deep liquidity.
- Spot-Price Settlement — PnL and liquidations based on external spot prices.
- Delta-Neutral Design — Capped delta‑neutrality fee to stabilize liquidity & returns.
In short, Levana Perps delivers a Cosmos‑native perpetuals experience on Osmosis with a focus on well‑funded positions, transparent risk, and efficient capital use.
User benefits
Levana Perps helps Cosmos and Osmosis users trade leveraged perpetuals with stronger insolvency protections, using a global liquidity model that reduces fragmented depth and improves execution. Traders and LPs on the Levana platform benefit from spot‑price settlement, transparent liquidation logic, and delta‑neutral incentives that aim to make funding and yield more sustainable over time.
- Access perpetual futures across multiple assets on Osmosis without order books.
- Gain clearer liquidation and PnL behavior based purely on spot prices.
- Provide liquidity to a global pool with risk‑premium rewards.
- Trade on a protocol that has processed billions in volume and iterated post‑exploit hardening.
Overall, Levana Perps exists to redefine perpetuals trading in the Cosmos ecosystem by prioritizing well‑funded markets, robust oracle design, and LP‑friendly economics on top of Osmosis.
