FP Block helped Levana transform the perpetual swaps trading landscape by implementing a unique "well-funded" protocol on the Cosmos ecosystem, creating a more secure and efficient trading environment for both traders and liquidity providers.
Levana faced significant challenges in the perpetual swaps market where existing solutions relied heavily on complex automated market maker (AMM) mechanisms that proved risky in volatile conditions. Traditional platforms struggled with:
High risk of bad debt and insolvency
Complex price stability mechanisms
Limited cross-chain compatibility
Concentrated risk in single liquidity pools
The platform required a comprehensive transformation to create a more robust, secure, and scalable trading system while reducing risks for all participants. Key challenges included:
Managing risk effectively for both traders and liquidity providers
Creating a truly decentralized market for liquidity
Ensuring fair settlement and price stability
Building cross-chain compatibility
Implementing secure position management
Levana revolutionized the perpetual swaps landscape by introducing their "well-funded" protocol that:
Locks in maximum profit for positions in advance, eliminating bad debt risk
Separates trading pairs to prevent market contagion
Creates a decentralized liquidity market with clear incentives
Enables seamless expansion to multiple blockchain networks
Provides fair settlement and transparent risk management
"Great flexibility allowed us to focus on the important parts as well as indulge our curiosities, all provided using excellent practical and theoretical knowledge."
"Great flexibility allowed us to focus on the important parts as well as indulge our curiosities, all provided using excellent practical and theoretical knowledge."
Lars Ohrman, Software Engineer
IMPERVA
IMPERVA
"The technology and wealth of experience provided by the FP team met our needs perfectly. Secondly, we are moving our own systems to a scalable, self-healing modern architecture."
"The technology and wealth of experience provided by the FP team met our needs perfectly. Secondly, we are moving our own systems to a scalable, self-healing modern architecture."
Director of Product Development
Director of Product Development
eClerx
eClerx
"The FP audit team was highly professional and responsive, providing detailed feedback, covering granular code specifics as well as a higher level design alternative to help improve our code base."
"The FP audit team was highly professional and responsive, providing detailed feedback, covering granular code specifics as well as a higher level design alternative to help improve our code base."
Noah Moody, VP of Engineering:
Noah Moody, VP of Engineering:
Hedera Hashgraph
Hedera Hashgraph
100+
100+
Happy Clients across
multiple industries
20+
20+
Average years of each
team member experience