Using Trust Wallet to Access OpenLeverage
Access OpenLeverage via Trust Wallet App
This is a step-by-step guide on how to access OpenLeverage via the Trust Wallet App.
Step 1 — Open Trust Wallet and tap on the in-app browser.
Type the URL OpenLeverage.finance in your Trust Wallet mobile browser. Tap on Search to proceed.
Step 2 — Access OpenLeverage DApp
Tap on the Go to APP button to see the Connect Wallet menu on the top-right header. Tap on Connect Wallet.
Step 3 — Connect Trust Wallet
On the list of supported wallets, choose Trust Wallet. The Trust Wallet app will connect to OpenLeverage.
Your Smart Chain wallet is now connected to OpenLeverage. You can now use OpenLeverage’s features directly from Trust Wallet.
How To Lend and Trade OpenLeverage
After connecting your Trust Wallet to the OpenLeverage DApp using the button Connect Wallet at the top right corner, select the network you want to lend or margin trade.
Step 1 — Tap on the left menu button and select Lend to Earn
Step 2 — Select a lending pool you would like to deposit assets. Tap on Deposit and enter in amount to lend.
Step 3 — Confirm the amount in the Trust Wallet App.
Step 1 — Tap on the left menu button and tap on Margin Trade to trade.
Step 2 —Select a pair you want to trade. You can adjust the conditions of the trade, such as long/short, leverage level, and margin funds according to your risk appetite.
Step 3 — Click Confirm.
- You can tap on the top left menu button and tap on My Positions to view your trade.
- To close your position, you may click Close. You can choose to close a partial portion of your position by entering a number in Input Amount or by selecting a percentage.
- To avoid having your position liquidated, an additional margin may be added by tapping Add Margin and specifying a number or percentage of your available wallet collateral.
- Tap on History at the top right corner to view historical margin trades and liquidation status.
OpenLeverage, a permissionless lending and margin trading protocol, is deployed on Ethereum, the BNB Chain, and KCC, with future multi-chain deployments planned. The permissionless design of the protocol allows users to launch a leverage trading market for arbitrary trading pairs, integrating with the liquidity provided on decentralized exchanges. OpenLeverage provides a permissionless, decentralized, scalable, and secure leveraged trading facility that serves the long tail and fast-growing DeFi market.
Since our successful launch on Ethereum mainnet in December 2021, the BNB Chain in February 2022, and more recently onto KCC in April 2022, OpenLeverage has been improving the protocol and interface in the best interest of their community. OpenLevereage currently has grown to more than $400 million trading volume, $12 million in TVL, with over 13,000 active addresses.