# Lavarage

> Margin trade any token on Solana — hold the real token, not a synthetic position.

Lavarage is a decentralized spot margin trading protocol on Solana. It lets traders borrow from liquidity pools to open leveraged positions on a wide range of tokens while holding the underlying asset itself.

Lavarage is a decentralized margin trading protocol built on Solana. It provides borrowing and margin mechanics that let traders open leveraged positions on a wide range of tokens, including long-tail assets that lack a perpetual futures market or centralized exchange listing. Unlike perpetual contracts, positions on Lavarage represent the real underlying token, which traders can withdraw to their own wallet once a loan is repaid.

The protocol functions as a two-sided marketplace. Lenders open permissionless liquidity pools and set their own loan terms, while stakers can supply additional capital passively into pools managed by lenders. Traders borrow against these pools to open positions, with trades routed through existing decentralized exchange liquidity so that execution reflects true market prices rather than a separately quoted synthetic price. The protocol is non-custodial and requires no account sign-up, and it operates smart contracts that have undergone security audits.

Lavarage offers a software development kit that lets other platforms integrate on-chain leverage trading and earn a share of transaction fees. The protocol serves individual traders seeking leverage on newly launched or thinly traded tokens, liquidity providers seeking interest and liquidation income, and partner platforms building leveraged trading features. It has processed a substantial volume of leveraged trades since launch and continues to operate actively on Solana.

- Type: Protocol
- Sector: DeFi
- Status: Active
- Founded: 2024-02-01
- Profile: https://thegrid.id/profiles/Lavarage

## Products

- [Lavarage Platform](https://thegrid.id/profiles/Lavarage): Lavarage is a decentralized spot margin trading platform on Solana that lets traders borrow capital to open leveraged long or short positions on tokens listed on decentralized exchanges, holding the actual underlying token rather than a synthetic derivative. Lenders create lending pools with custom loan terms, while passive stakers deposit into those pools to earn yield from interest and liquidation proceeds. The platform also offers a staking vault where users deposit SOL to receive a liquid staking token that accrues validator rewards alongside a share of platform trading revenue. Margin positions are opened and settled through on-chain smart contracts, with pricing and execution routed through third-party liquidity aggregation on Solana. (Decentralised Exchange, Live, Main Product)

## Assets

- [Lava Rock Alpha (ROCK)](https://thegrid.id/profiles/Lavarage): Lava Rock Alpha is an NFT collection of 1,969 items on Solana granting OG Lavanaut membership status within the Lavarage platform. Holders receive early access to new features, invitations to trading contests and events, and boosted reward points. The fixed supply commemorates the Apollo 11 mission, and the collection trades on the Tensor marketplace. (NFT)
- [lstSOL (LSTSOL)](https://thegrid.id/profiles/Lavarage): lstSOL is a liquid staking receipt token issued by Lavarage representing SOL deposited into its lending vault. Its balance stays fixed while its redemption value rises as traders repay borrowing interest, reflecting accrued yield. Holders are shielded from liquidation-related losses under normal vault operating conditions. (Liquid Staking Tokens (LSTs))
- [USDL (USDL)](https://thegrid.id/profiles/Lavarage): USDL is a vault receipt token issued by Lavarage representing USDC deposited into its lending vault. Its balance stays fixed while its redemption value grows as traders repay borrowing interest, reflecting accrued yield. Holders are shielded from liquidation-related losses under normal vault operating conditions. (Vault Tokens)

## Links

- [Main](https://lavarage.xyz)
- [Blog](https://lavaragexyz.medium.com)
- [Documentation](https://lavarage.gitbook.io/lavarage)
- [Privacy policy](https://lavarage.gitbook.io/lavarage/legal/privacy-policy)
- [Terms of Service](https://lavarage.gitbook.io/lavarage/legal/terms-and-conditions)
- [Telegram](https://t.me/lavaragexyz)
- [Twitter / X](https://x.com/lavaragexyz)
- [Discord](https://discord.gg/lavarage)
- [YouTube](https://www.youtube.com/@Lavarage)
- [Medium](https://lavaragexyz.medium.com)

## Legal

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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP