Leverage What Matters. Own What You Trade.
Most trading tools were built for a market that no longer exists. The assets people actually care about are exploding at both ends: tens of thousands of new tokens launch on Solana every day, and tokenized stocks crossed $4.9B in volume in six months. Leverage hasn't kept up. Lavarage exists to close that gap — spot margin on the assets that matter, where you hold the real thing instead of a synthetic.
The demand moved. The tooling didn't.
Look at what's actually happening on-chain and one pattern shows up twice.
At one end, new tokens. Solana minted 47,619 new tokens in a single day this June, an 80-day high. On a normal day it produces around 30,000. That's roughly one new token every two seconds, around the clock. Fewer than 2% ever reach a major exchange, but the ones that matter move fast, and being early is the entire edge.
At the other end, real-world assets. The value of tokenized assets on-chain has grown from about $8B in January 2024 to more than $26B today. Tokenized stocks are the fastest-growing slice, up nearly 50% in a single 30-day stretch. Solana now handles more than 95% of all tokenized-equity volume.
Now look at leverage. The entire perps industry added roughly 1,000 new markets since the start of last year. Over the same window, 7,800+ new tokens launched. Perps are slow to list by design — compliance takes time, and each market needs enough demand to justify it.
So the gap is simple. You can care deeply about an asset and have no way to get leverage on it at the moment it matters.
Two kinds of assets. One missing primitive.
The assets that matter fall into two buckets, and both are underserved.
New tokens are opportunities. The value is in being early. A perp market, if it ever arrives, shows up months later. By then the trade is over. What's missing is a margin market on day one, the moment attention is highest.
Tokenized real-world assets are for the long term. You might want to hold a tokenized stock for years. A perp can't do that. It gives you exposure you rent and have to keep rolling, not an asset you own. What's missing is leverage that sits on top of real ownership.
Different assets, same hole: no capital-efficient way to trade the thing you actually want, in the form you actually want it.
What Lavarage does
Lavarage brings spot leverage and lending to the assets traders want to trade, and may ultimately want to own.
For emerging assets, we create margin markets where none exist yet. A lender opens an offer, and a token that no perp venue lists early suddenly has a live margin market. For established and tokenized assets, we offer a spot-based alternative to synthetic leverage. You hold the real token. You add leverage on top. Each position is isolated, and lenders set the terms.
The receipts back the claim. More than 700 tokens have live margin markets on Lavarage right now, hundreds of which no perp DEX lists early. The protocol has done $200M in trading volume across 10,000+ users, live on Solana mainnet since February 2024.
That's the whole idea in one line: leverage what matters, own what you trade. Every asset that matters deserves a capital-efficient market.
Why "own what you trade" is the part that matters
A perp gives you a number that tracks a price. Spot margin gives you the asset.
That difference is invisible on a memecoin you plan to flip in an hour. It's the entire point on an asset you want to keep. When you trade spot on Lavarage, your position holds the real token, not a synthetic. You manage it on your terms: add collateral, take partial profits, or hold through the noise and close when you're ready. Leverage is a tool you add to ownership, not a substitute for it.
New tokens, tokenized stocks, and whatever the market decides matters next all share that need. Real ownership first. Capital efficiency on top.
Trade what matters
The assets people care about are already here, at both ends of the market. The leverage to trade them is what's been missing.
That's what we build. Spot margin on any token on Solana. The margin layer for the assets that matter.
FAQ
What is spot leverage trading on Solana? Borrowing against collateral to take a larger position in a token you actually hold. On Lavarage you own the real token on-chain and add leverage on top, not a synthetic bet on its price.
Can you get leverage on a token with no perpetual market? Yes. Lavarage creates a margin market as soon as a lender opens an offer, so you can trade it with leverage before a perp venue lists it. More than 700 tokens have live margin markets today.
How is spot leverage different from a perpetual future? A perp gives synthetic exposure to a price you never own. Spot leverage gives you the real asset with leverage on top, isolated per position, with no auto-deleveraging and no funding rate to monitor.
Tokenized equities referenced above are issued by Backpack Securities via Sunrise on Solana. Redeemability and backing are the issuer's claim — do your own research. Not available to US persons. Nothing here is financial advice. Trading with leverage carries risk of loss.