what's Levr Bet?
Levr Bet is a decentralized sports betting platform that integrates leveraged DeFi mechanics with traditional sports wagering. Built on the Monad blockchain, it enables users to place bets with up to 5x leverage, allowing for amplified exposure to outcomes without traditional limitations. The platform ensures transparency through on-chain settlement, where odds are derived from oracles and smart contracts handle payouts automatically. Users can also act as liquidity providers to earn yields, blending betting with DeFi participation. In its beta phase on Monad testnet, Levr Bet introduced $PSP tokens for rewards and interactions, transitioning to $LEVR on mainnet for governance and incentives. Features include real-time betting on major leagues like MLB, with leaderboards and airdrops to engage the community. The project emphasizes user control, reducing reliance on centralized bookmakers, and has raised over $5M in funding to scale operations.
Levr Bet has a live interview on the MITM livestream today, Feb 5, at 10:30 AM EST.
Links
x.com/levr_betParticipated in Frontier Markets roundtable on prediction markets at EthDenver, with BigMrBlu3, discussing incumbents, risk frameworks, and market niche strategies.
Scheduled for a live interview on the MITM livestream on 2026-02-05 at 10:30 AM EST.
TGE (Token Generation Event) occurred approximately 3 weeks before December 18, 2025.
Rolls out exclusive rewards on Monad network.
Featured in a weekly yield-generating protocols report exploring DeFi opportunities for its revenue sharing model.
Pre-deposit vault accumulates $2.5M in deposits, where MVP token stakers receive 50% of platform fee revenue distributed proportionally based on vault ownership.
Platform is now live on Monad mainnet with USDC and Circle Developer Services integration confirmed by official Circle announcement.
Monad co-founder keoneHD publicly lists the project among Monad apps he's excited about.
SQD announces it powers the platform as part of its support for Monad ecosystem builders from testnet to mainnet.
Selected for Monad Momentum's first wave, featuring apps that reward users on mainnet.
Launched Super Bowl markets on February 8, 2026, enabling $MON tokens for betting on Monad mainnet.
Levr_Bet is among consumer apps launching at Monad's mainnet deployment, as teased by Tunez.
Project is built on Monad blockchain and offers sports betting with multipliers and live in-game trading features.
Joins Monad Founder Residency program's second cohort, gaining strategic ecosystem positioning.
Testnet launching with potential airdrop for users.