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After Binance Announced It Would Delist the Altcoin, Developers Quietly Minted a Massive Amount of the Tokens

June 29, 2025
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LeverFi, the leveraged trading protocol, has minted approximately 13.7 billion new LEVER tokens, according to on-chain data.

Some of these tokens have already been transferred to the cryptocurrency exchange Bybit, but so far there has been no official statement from the project team.

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This development comes on the heels of Binance’s announcement that it would be delisting the LEVER token as of July 4. The community finds the timing of the new token minting and exchange transfers noteworthy.

LeverFi announced the “LeverAI staking incentive program” on May 15 and announced that the total supply would be increased from 35 billion to 55.7865 billion. Today’s token printing may also be part of this new supply planning.

LeverFi, formerly known as RAMP DEFI, aims to provide an adaptive layer that enables AI-powered decentralized applications (deAI) to securely communicate and transact on global blockchain networks, according to its official statement.

The LEVER token is currently trading at $0.0003124, down 94.2% from its July 2022 high of $0.005333.

*This is not investment advice.

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Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved