| Founded | 2018 |
|---|---|
| Closed | 2021 |
| Country | USA |
| Sector | Crypto |
| Collapse type | Zombie Startup |
| Founder | Bharath Rao |
Leverj
"Leverj raised $4M via ICO to build decentralized derivatives but couldn't compete with BitMEX's UX and liquidity."
Technically alive but effectively dead, burning cash
Key Events Timeline
Leverj, a decentralized perpetuals trading platform that raised $4 million via a LEV token ICO in 2018, failed to gain sufficient traction against centralized derivatives giants like BitMEX and FTX.
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