What is Lavarage?
Lavarage lets you margin trade any token on Solana — long or short, swap tokens, or borrow against your holdings. You borrow capital from lenders, trade real tokens with leverage, and keep the profit when the price moves your way.
Unlike perpetual futures, you hold actual tokens — not synthetic contracts. Unlike centralized exchanges, Lavarage is permissionless: no sign up, no listing requirements. If a token trades on a Solana DEX and has margin liquidity on Lavarage, you can margin trade it.
How It Works
Lavarage is a two-sided marketplace connecting traders and lenders.
As a trader, you put up margin and borrow additional capital from lenders to open a leveraged position. The protocol matches you with available liquidity automatically — you choose your token, your direction (long or short), and your leverage (up to 20x), and Lavarage handles the rest.
On the other side, lenders operate vaults and loan offers, setting their own interest rates and risk parameters. When you open a position, you are borrowing from these lenders and paying them interest for the duration of your trade.
The trade itself executes on DEXs via Jupiter, meaning you get real market prices across Solana's deepest liquidity. Your position holds actual tokens on-chain — not IOUs, not contracts, not synthetic exposure.
What You Can Do
- Trade (Long/Short) — Put up margin, borrow from lenders, and take a leveraged position on any Solana token. Trades execute on DEXs via Jupiter using real tokens.
- Swap — Exchange tokens on DEXs via Jupiter, no leverage involved.
- Borrow — Take a loan against your tokens without opening a trade. Keep your position, access liquidity.
- Refer — Share your referral code and earn a share of fees when referred traders trade.
How Lavarage Differs from Perpetual Futures
| Lavarage (Spot Margin) | Perpetual Futures | |
|---|---|---|
| What you hold | Real tokens on Solana — sovereign assets you can hold, transfer, or use in other protocols | Synthetic contracts — your position exists only within the platform, with no underlying tokens to withdraw |
| Token coverage | Any token that trades on a Solana DEX and has margin liquidity on Lavarage | Only listed markets |
| Funding rates | None — you pay simple interest on borrowed capital | Ongoing funding payments that fluctuate |
| Price mechanism | Actual DEX market prices, routed via Jupiter | Oracle / mark price |
| Custody | Non-custodial, on-chain | Varies by platform |
The key advantage: you can trade tokens that perpetual futures platforms will never list. New launches, long-tail tokens, ecosystem plays — if it trades on a Solana DEX and has margin liquidity on Lavarage, you can margin trade it with leverage.
How Lavarage Differs from CEX Margin
Centralized exchange margin trading (Binance, Bybit) requires tokens to be listed, requires sign up, and holds your funds in custody. Lavarage is different:
- Permissionless — No account, no sign up. Connect your wallet and trade.
- Non-custodial — Your position is secured on-chain, not on someone else's servers.
- Any token — Not limited to what an exchange decides to list. If it trades on a Solana DEX and has margin liquidity on Lavarage, it is available.
- Transparent — All fees, interest rates, and liquidation parameters are visible on-chain before you trade.
Security and Audits
Lavarage takes security seriously. Here is what protects your positions:
- Audited smart contracts — The V1 program was audited by Code4rena and Sec3. V2 inherits the same core architecture, with a dedicated V2 audit currently in progress.
- Non-custodial — All positions are secured on-chain. Lavarage never takes custody of your funds.
- MEV protection — Astralane integration protects your trades from front-running and sandwich attacks.
- On-chain transparency — Every position, liquidation threshold, and fee is verifiable on-chain.
Who Is Lavarage For?
- Traders who want leverage on tokens no other platform supports — new launches, smaller caps, memecoins, ecosystem tokens. Long or short.
- Traders who prefer real tokens over synthetic exposure — spot margin means you hold the actual asset
- DeFi-native users who want non-custodial margin trading without leaving Solana
- Anyone who wants to borrow against their tokens without selling them
Ready to trade? Continue to Getting Started to open your first position.
Updated 4 days ago