LeverFi has recently secured a significant $2 million investment from DWF Labs to further develop and expand its Web3 services.

Partnership details indicate that the funds from DWF Labs are subject to a two-year lockup and vesting period.

LeverFi is an Ethereum-based decentralized, on-chain leverage trading platform that seeks to address several pain points in decentralized finance (DeFi) by offering a suite of intuitive solutions.

It offers multi-asset lending, leveraged trading solutions, and tools to improve the DeFi experience and is powered by the LEVER utility token, which is used for governance and staking.

DWF Labs is a global digital asset market maker and a multi-stage Web3 investment firm that provides support to portfolio companies from token listing to market making.

The company is an affiliate of Digital Wave Finance (DWF), one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 40 top exchanges.

DWF Labs aims to invest in and support visionary founders dedicated to shaping the future of Web3. The company offers consulting, liquidity provision, cybersecurity, smart contract audit processes, debt financing, treasury management, and connections with numerous partners across different verticals.