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<p>Level aims to be the first stablecoin protocol backed by restaked dollar tokens. These tokens are formed when someone stakes a dollar-denominated token (such as USDC or USDT) on a restaking protocol like EigenLayer in order to earn restaking yield. This yield is generated from the tokens being used to provide security for other blockchains.</p>

<p>March 18, 2025 Level has raised $2.6 mln in a strategic round. </p>

Level (Peregrine Exploration)

Level is a stablecoin protocol backed by restaked dollar tokens. 

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Level (Peregrine Exploration)

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