LEVR Launches the First Leveraged Sports Betting Platform on Avalanche

Avalanche

The future of sports betting has arrived on Avalanche. LEVR, the world’s first decentralized leveraged sports betting platform, has chosen Avalanche for its testnet launch. LEVR Bet is redefining sports betting by combining on-chain perpetual trading mechanics with the excitement of live sports wagering. Built on Avalanche’s C-Chain, LEVR Bet offers up to 5x leveraged bets and the ability to adjust positions in real time—delivering a betting experience that’s faster, cheaper, and smarter than anything available in traditional markets.

Following the Avalanche9000 upgrade, transaction fees on the C-Chain were reduced by 96%, while deployment costs dropped by 99.9%. LEVR’s platform benefits from low fees, near-instant transaction finality, and Avalanche infrastructure capable of handling high-volume betting activity. With high-speed confirmation times and minimized network congestion, Avalanche is uniquely suited to support in-game betting where speed and finality are critical.

The testnet launch of LEVR Bet on Avalanche will give sports fans the chance to participate in leveraged betting during the NFL playoffs using test credits while competing for leaderboard prizes and Avalanche Boost Incentives. Users will be able to place bets on events like the NFL Conference Championships on January 26 with play credits, offering a way to experience leveraged sports betting ahead of the platform’s mainnet launch.

LEVR Bet introduces a groundbreaking liquidity model powered by its LVP Vaults, where liquidity providers can contribute stablecoins to the platform and earn real-yield rewards from platform fees. This innovative approach not only powers the platform’s leveraged betting experience but also creates a sustainable incentive model for liquidity providers.

The LEVR Bet team brings deep expertise in both sports betting and DeFi mechanics. Led by Dillon Berger, a former CTO of Caprica AI with over $250 million in sports betting volume last year, and supported by experienced builders from both the sports betting and crypto industries, LEVR Bet has the technical strength and market knowledge to pioneer a new era in decentralized betting.

Avalanche and LEVR Bet share a vision for the future of decentralized applications—one where financial markets and real-world use cases blend seamlessly. LEVR’s commitment to a compliant, secure betting environment aligns with Avalanche’s mission to power next-generation decentralized finance platforms. As part of that vision, LEVR is pursuing a Curacao gaming license to ensure a regulated and compliant launch, supported by Avalanche’s infrastructure, which allows for permissionless innovation with built-in compliance capabilities through subnet architecture.

LEVR Bet is live now in testnet phase. Join the action, experience the power of decentralized leveraged betting, and compete for community rewards during the NFL Playoffs. The full mainnet launch, featuring real USDC payouts and additional incentives, will follow soon.

The future of sports betting is here, and it’s powered by Avalanche.

Visit LEVR Bet: app.levr.bet

Explore Avalanche: avax.network

About LEVR Bet

LEVR Bet is the world’s first leveraged sports book exchange, seamlessly integrating the best features of sports betting with on-chain perpetual trading. With a mission to onboard millions into DeFi, LEVR Bet combines transparency, innovation, and accessibility to deliver a groundbreaking sports betting experience.

About Avalanche Blockchain Network

Avalanche is a high-performance blockchain platform designed for builders who need to scale. Engineered with a revolutionary three-part Layer 1 (L1) architecture, Avalanche is anchored by its Avalanche Consensus Mechanism, ensuring near-instant finality for transactions. The platform also features an open-source Layer 0 (L0) framework, enabling the seamless creation of interoperable Layer 1 blockchains with high throughput on both public and private networks.

Supported by a global community of developers and validators, Avalanche offers a fast, low-cost environment for building the next generation of decentralized applications (dApps). With its unique blend of speed, flexibility, and scalability, Avalanche is the preferred choice for innovators pushing the boundaries of blockchain technology.