Your perp loss is someone’s win. What about spot margin?
Before you open any leveraged trade, ask one question: who’s on the other side?
On most venues the honest answer is uncomfortable. A counterparty, a market maker, or the protocol’s own deleveraging engine sits opposite your position, and the system does better when you do worse. We built Lavarage so that’s not the deal you’re taking.
No counterparty, no ADL. On Lavarage you borrow from on-chain lenders. A lender earns one thing, interest, and wants one thing: the loan repaid. They are not the other side of your trade, and they don’t profit from your blow-up the way a perp counterparty can. There’s no auto-deleveraging engine that can close your winning position to keep someone else’s book balanced. It’s borrowing, not a bet against the house.
You hold the real token. A perp gives you a synthetic position. Lavarage gives you the real token, on-chain, in your own isolated account, borrowed against but yours. Each position is its own account: no shared pool, no insurance fund socializing your losses onto other traders.
Leverage set by people, not a casino dial. Leverage on Lavarage isn’t a slider that goes to a number designed to liquidate you. Lenders set the terms on each market, and because they’re pricing to get repaid, the incentives skew toward sane leverage rather than the degen markets built to wick you out on the first red candle.
Liquidation is real. Here’s how you stay ahead of it. Let’s be straight: liquidation is real, and the more leverage you take, the closer it sits. No leverage product changes that. What we control is whether you have the tools to manage it before the candle, not after. Repay to cut your borrow, sell to trim risk, or split a position to manage pieces independently, all live today. Auto stop-loss is live for Privy wallets, and auto-deleverage is on the way. And those tools only help if they fire: the V2 rebuild took transaction success from ~60% to 95%+, so a stop or a repay actually lands when you need it.
Built for the long term. A blown account doesn’t come back to trade. We’re building Lavarage to last, which means we’re building for traders who last: no one across the table, the real asset in your hands, sane leverage, and the tools to stay in the game. The market can still liquidate you. Our model just isn’t built to profit when it does.
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Follow the build: @Lavaragexyz | @quant_degen | @usagemonkey_sol
