LeverFi

LeverFi, formerly known as RAMP DEFI, is a [decentralized](https://coinmarketcap.com/alexandria/glossary/decentralized) [leverage](https://coinmarketcap.com/alexandria/glossary/leverage) trading platform. In March of 2022, the team behind RAMP DEFI rebranded their company to adjust to the increasingly uncertain [DeFi](https://coinmarketcap.com/alexandria/glossary/defi) market. The rebrand aims to tackle issues within the current DeFi market such as a lack of sustainable TVL and utility. The team behind LeverFi hopes to create a product that provides value by allowing users to trade and [yield farm](https://coinmarketcap.com/alexandria/glossary/yield-farming) at the same time . Lenders deposit funds into lending pools and earn an interest from traders who borrow to leverage trade up to 10X. Any liquidity from lenders that are not used would be deposited into other DeFi protocols to generate more yield. LeverFi aims to serve as a bridge for [Ethereum](https://www.coinlive.com/coin/ethereum) and EVM-compatible chains like [BNB Chain](https://www.coinlive.com/coin/bnb), [Avalanche](https://www.coinlive.com/coin/avalanche), [Polygon](https://www.coinlive.com/coin/polygon), [Arbitrum](https://coinmarketcap.com/exchanges/sushiswap-arbitrum/), [Optimism](https://www.coinlive.com/coin/optimism-ethereum) and more.