Liquidity providers deposit funds into Level Finance and receive trading fees from traders (supply-side fees).

Level Finance is a non-custodial exchange for spot and perpetual contracts built on BNB Chain. Level Finance was founded by an anonymous team and was launched in December 2022.

LVL tokenholders own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue).

governance

github

twitter

discord

etherscan

website

Derivative exchanges

Level Finance

# Level Finance Maximum token supply Methodology

## 1. Overview

The maximum token supply metric represents the theoretical maximum number of Level Finance tokens that can ever exist according to the protocol's tokenomics design. This is a static value defined by the protocol's specifications rather than calculated from blockchain activity. The metric provides the upper bound for token inflation and is essential for understanding the protocol's monetary policy and token scarcity dynamics.

## 2. Data sources

- **Protocol specifications**: Official tokenomics documentation or whitepaper defining the maximum possible token supply
- **Smart contract parameters**: Token contract deployment specifications that may include maximum supply constraints
- **Protocol announcements**: Official communications regarding token supply limits and monetary policy

## 3. Step-by-step calculation

### Component A: Maximum supply definition
- **Purpose**: Establishes the theoretical maximum number of tokens that can exist
- **Logic**: The maximum token supply is defined as a constant value of 50,000,000 tokens based on Level Finance's protocol specifications. This represents the absolute ceiling for token creation regardless of current circulating or total supply levels.
- **Key fields**: `token_supply_maximum` set to 50,000,000 tokens

### Component B: Timeline establishment  
- **Purpose**: Sets the reference point for when this maximum supply limit became effective
- **Logic**: The protocol launch date is established as December 12, 2022 at 00:00:00 UTC, marking when the maximum supply constraint became active. Daily timestamp grain is applied to create a consistent time series format.
- **Key fields**: `timestamp` set to protocol launch date, `timestamp_grain` defined as daily intervals

### Final aggregation
- **Time series generation**: The finalize macro applies a fill-forward strategy to propagate the maximum supply value across all time periods from the launch date forward
- **Data standardization**: The metric is formatted according to Token Terminal's standard structure with appropriate metadata and data identification fields
- **Final calculation**: Each daily record from December 12, 2022 onward contains the same maximum token supply value of 50,000,000, representing the unchanging theoretical limit for Level Finance token creation

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

Level FinanceLVL

Maximum token supply

Maximum token supply

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