Level

Level is a stablecoin protocol that issued lvlUSD, a stablecoin fully backed by USDC and USDT which were deployed into blue-chip lending protocols (Aave and the Morpho Steakhouse USDC vault) to generate yield. Lending yield was passed back to holders through an ERC-4626 staking mechanism: lvlUSD could be staked for slvlUSD, a yield-accruing token that appreciates as the protocol distributes yield into the staking contract. Both tokens were transferable and integrated across DeFi venues including Morpho, Pendle, Spectra and Curve, with LayerZero OFT adapters bridging them to Base. Level exposes no public HTTP API — its programmable surface is a set of audited Ethereum mainnet smart contracts (lvlUSD, slvlUSD, LevelMinting, LevelStakingPool, LevelUsdPointsFarm, LevelReserveLens) documented in GitBook and published on GitHub. In September 2025 the team announced it was joining the Sky (fka MakerDAO) ecosystem as part of Grove and that the Level protocol is being sunset: mints paused, redemptions made public and fixed 1:1, cooldowns cut to two seconds, final yield distribution on 2025-10-02, and the front end retired on 2025-12-15 with contract-level redemption remaining available indefinitely.

Level is profiled on the APIs.io network. Tagged areas include Company, Stablecoins, DeFi, Cryptocurrency, and Financial Services.

Level’s developer surface includes documentation, getting-started guide, support, and 14 more developer resources.

🌐 Visit website 📡 Source on GitHub

18.8/100 emerging ▬ flat Agent 4/100 human only Full breakdown ↓
scored 2026-07-27 · rubric v0.5

0 APIs

CompanyStablecoinsDeFiCryptocurrencyFinancial ServicesBlockchainEthereumSmart ContractsYield

Kin Score

Kin Score How this is scored →
scored 2026-07-27 · rubric v0.5

Composite quality — 18.8/100 · emerging

Contract Quality 0.0 / 25

Developer Ergonomics 4.8 / 20

Commercial Clarity 4.2 / 20

Operational Transparency 3.1 / 13

Governance 0.0 / 12

Discoverability 6.8 / 10

Agent readiness — 4/100 · human only

Machine-Readable Contract 0 / 18

Agentic Access Contract 0 / 15

MCP Server 0 / 12

Machine-Readable Auth 0 / 10

Idempotency 0 / 9

Stable Error Semantics 0 / 8

Request/Response Examples 0 / 7

Rate-Limit Signaling 0 / 7

Typed Event Surface 0 / 6

Agent Skills 0 / 5

Well-Known Catalog 4 / 4

Consent & Bot Identity 0 / 3

Improve this rating by publishing the missing artifacts — every area above can be raised, and the full rubric is at apis.io/rating/. This rating is computed from github.com/api-evangelist/level: open an issue to ask a question, or submit a pull request to add artifacts. Want it done for you? Prioritized profiling — $2,500 →

Get Started 1

Portal, sign-up, and the first successful call

GettingStarted

GettingStarted

Documentation 1

Reference material describing how the API behaves

Documentation

Documentation

Agent Surfaces 2

MCP servers, agent skills, and machine-readable catalogs

LLMsTxt

LLMsTxt

WellKnown

WellKnown

Design & Contract 2

Pagination, idempotency, versioning, errors, and events

Lifecycle

Lifecycle

Conformance

Conformance

Build 2

SDKs, sample code, and the tooling you integrate with

GitHubOrganization

GitHubOrganization

SourceCode

SourceCode

Access & Security 3

Authentication, authorization, and security posture

Security

Security

VulnerabilityDisclosure

VulnerabilityDisclosure

DomainSecurity

DomainSecurity

Operate 2

Status, limits, changes, and where to get help

Support

Support

Deprecation

Deprecation

Commercial 2

Pricing, plans, and the legal terms of use

TermsOfService

TermsOfService

PrivacyPolicy

PrivacyPolicy

Company 1

The organization behind the API

Website

Website

Other 1

Properties that don't map to a standard resource type

Application

Application

Source (apis.yml)

aid: level
name: Level
description: 'Level is a stablecoin protocol that issued lvlUSD, a stablecoin fully backed by USDC and USDT which were deployed
  into blue-chip lending protocols (Aave and the Morpho Steakhouse USDC vault) to generate yield. Lending yield was passed
  back to holders through an ERC-4626 staking mechanism: lvlUSD could be staked for slvlUSD, a yield-accruing token that appreciates
  as the protocol distributes yield into the staking contract. Both tokens were transferable and integrated across DeFi venues
  including Morpho, Pendle, Spectra and Curve, with LayerZero OFT adapters bridging them to Base. Level exposes no public
  HTTP API — its programmable surface is a set of audited Ethereum mainnet smart contracts (lvlUSD, slvlUSD, LevelMinting,
  LevelStakingPool, LevelUsdPointsFarm, LevelReserveLens) documented in GitBook and published on GitHub. In September 2025
  the team announced it was joining the Sky (fka MakerDAO) ecosystem as part of Grove and that the Level protocol is being
  sunset: mints paused, redemptions made public and fixed 1:1, cooldowns cut to two seconds, final yield distribution on 2025-10-02,
  and the front end retired on 2025-12-15 with contract-level redemption remaining available indefinitely.'
accessModel:
  pricing: unknown
  onboarding: unknown
  trial: false
  try_now: false
  public: false
  label: Unknown
  confidence: low
  source: []
  generated: '2026-07-22'
  method: derived
image: https://www.level.money/favicon.ico
url: https://raw.githubusercontent.com/api-evangelist/level/refs/heads/main/apis.yml
x-type: company
x-source: vc-portfolio
x-backed-by:
- lightspeed-venture-partners
- polychain
x-tier: stub
x-tier-reason: portfolio-lead
x-status: sunset
x-disambiguation: This repo profiles Level (level.money), the lvlUSD stablecoin protocol backed by Polychain Capital, Dragonfly
  and BFC. The lightspeed-venture-partners portfolio entry at https://lsvp.com/company/level/ refers to a DIFFERENT company
  also named Level (level.com), a 2018 benefits/insurance fintech; as of 2026-07-19 level.com resolves no A record and levelbenefits.com
  serves a parked "Launching Soon" page, so that company has no verifiable public surface to profile. The two were collapsed
  onto one slug by the VC-portfolio stub generator.
specificationVersion: '0.20'
created: '2026-07-17'
modified: '2026-07-19'
tags:
- Company
- Stablecoins
- DeFi
- Cryptocurrency
- Financial Services
- Blockchain
- Ethereum
- Smart Contracts
- Yield
apis: []
common:
- type: Website
  url: https://www.level.money/
- type: Documentation
  url: https://level-money.gitbook.io/level-documentation
- type: GettingStarted
  url: https://level-money.gitbook.io/level-documentation/user-guides/how-to-get-lvlusd
- type: Application
  url: https://app.level.money/
- type: Support
  url: https://discord.gg/levelusd
- type: GitHubOrganization
  url: https://github.com/Level-Money
- type: SourceCode
  url: https://github.com/Level-Money/contracts
- type: TermsOfService
  url: https://level-money.gitbook.io/level-documentation/legal/terms-and-conditions
- type: PrivacyPolicy
  url: https://level-money.gitbook.io/level-documentation/legal/privacy-policy
- type: Security
  url: https://level-money.gitbook.io/level-documentation/technical-documentation/security
- type: VulnerabilityDisclosure
  url: security/level-vulnerability-disclosure.yml
- type: DomainSecurity
  url: security/level-domain-security.yml
- type: LLMsTxt
  url: llms/level-llms.txt
- type: WellKnown
  url: well-known/level-well-known.yml
- type: Lifecycle
  url: lifecycle/level-lifecycle.yml
- type: Deprecation
  url: lifecycle/level-lifecycle.yml
- type: Conformance
  url: conformance/level-conformance.yml
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com
- FN: APIs.json
  email: info@apis.io
x-enrichment:
  date: '2026-07-19'
  status: backfilled
  pass: local-v1
  note: backfilled from .gitignore signal + verified work evidence