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Company

Level

Rocket Ship RatingBased on the data VC Catalog holds.

Rocket Ship Rating: 78 out of 100

Stablecoin backed by USDC in lending protocols

  • Crypto & blockchain
  • Crypto web3
Status
Shut downas of 2026-09-18Source (opens in a new tab)
Business model
B2B
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Record updated 28 September 2026

About

Level is a stablecoin protocol that issues Level USD (lvlUSD), the first stablecoin backed by dollar-denominated tokens that are restaked on security protocols like Eigenlayer, Symbiotic and Karak.

About the company

Status notes
the Level team is joining a leading DeFi protocol, and we will be sunsetting the product.
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