Last updated：--
View ChartOpenLeverage (OLE) is the native utility and governance token of OpenLeverage, a permissionless margin trading protocol that enables traders and decentralized applications to long or short any trading pair on decentralized exchanges efficiently and securely. Launched in 2021, the protocol is designed to create an entirely permissionless decentralized margin trading infrastructure where no permission is required to create margin trading markets for token pairs. Each trading pair features isolated and market-adjusted risk controls, and the protocol aggregates liquidity from existing DEXs such as Uniswap. OpenLeverage aims to build a decentralized crypto securities service for retail and institutional clients, offering decentralized lending, derivatives trading, and asset management infrastructure integrated with the broader DeFi ecosystem. The OLE token has a total supply of 1,000,000,000 tokens, with approximately 188,630,573 OLE in circulation. The project has migrated to OLE V2 and continues to operate on Ethereum and BNB Chain.
OpenLeverage was founded by individuals identified as Jackie and Ben. Detailed public information regarding their backgrounds and specific roles in the creation of the project is currently limited. The project is governed by the OpenLeverage Community Council, which oversees protocol decisions and development direction. The protocol was launched in 2021 and has since been developed as an open-source project with source code accessible on GitHub. The team has focused on building a permissionless margin trading infrastructure that integrates with established decentralized exchanges and serves both retail and institutional clients within the DeFi ecosystem.
OpenLeverage operates as a permissionless lending and margin trading protocol with aggregated DEX liquidity. The core mechanism allows traders to use borrowed funds for trading, which is a cornerstone of margin trading. Any account with a decentralized wallet address can create a new trading pair lending pool between tokens, provided the pair exists on the DEX. If the pair does not exist, the user must first create it on the DEX before establishing a market on OpenLeverage. The protocol integrates with existing DEXs such as Uniswap and PancakeSwap, enabling traders to long or short any trading pair. Each trading pair features isolated and market-adjusted risk controls, meaning that risk is contained within individual markets rather than spread across the entire protocol. This architecture allows for permissionless market creation while maintaining security and efficiency for traders and applications seeking leveraged exposure on decentralized exchanges.
OpenLeverage distinguishes itself through its fully permissionless approach to margin trading market creation. Unlike traditional margin trading platforms that require approval or centralized oversight, OpenLeverage allows any wallet holder to create a new lending pool for any token pair that exists on a supported DEX. This opens up margin trading to the long tail of trading pairs that would otherwise not have access to leveraged markets. The protocol's isolated risk controls per trading pair ensure that volatility in one market does not affect others, providing a safer environment for lenders and traders. By aggregating liquidity from established DEXs and integrating with the broader DeFi ecosystem, OpenLeverage offers a decentralized alternative to centralized margin trading services. Its mission to build a native financial layer on the internet that is free, frictionless, and not controlled by anyone resonates with the core values of the DeFi movement.
OLE serves as the utility and governance token for the OpenLeverage protocol. Users who hold and lock OLE become eligible for a wide range of benefits, including governance over protocol decisions, reduced trading fees, boosted lending rewards, and other advantages within the ecosystem. The governance function allows OLE holders to participate in decisions that shape the future of the protocol through the OpenLeverage Community Council framework. By locking OLE, users demonstrate long-term commitment to the platform and gain enhanced influence over its direction. The token also plays a role in incentivizing participation in lending and trading activities, aligning the interests of token holders with the health and growth of the protocol. As a utility token, OLE facilitates access to premium features and rewards that enhance the overall trading and lending experience on the platform.
The OpenLeverage ecosystem is centered on decentralized lending, derivatives trading, and asset management infrastructure integrated with the global DeFi ecosystem. The protocol targets both retail and institutional clients, offering tools for traders and applications to long or short trading pairs on DEXs. OpenLeverage integrates with established DEXs such as Uniswap, and its token is available on PancakeSwap v2 on BNB Chain through a USDC/OLE pool. The project has migrated to OLE V2, with the new token deployed as an ERC-20 on Arbitrum. The ecosystem carries portfolio tags including YZi Labs Portfolio, DWF Labs Portfolio, and Ethereum Ecosystem, indicating backing and association with notable entities in the crypto space. The protocol continues to develop its infrastructure with a focus on permissionless market creation and isolated risk controls, aiming to expand access to decentralized margin trading for a wide range of token pairs.
OLE is not mined through traditional proof-of-work mechanisms. As an ERC-20 token on Ethereum and deployed across multiple chains, OLE is typically acquired through participation in the OpenLeverage ecosystem or through trading on supported exchanges. Users can earn OLE by providing liquidity, participating in lending activities, or engaging with the protocol's various incentive programs. The token can also be obtained through spot markets on exchanges where OLE is listed, as well as through decentralized exchange pools such as the USDC/OLE pool on PancakeSwap v2. Holding and locking OLE provides additional benefits including boosted lending rewards and reduced trading fees, creating incentives for long-term participation in the protocol. Those interested in acquiring OLE should follow the project's official documentation for the most current information on earning and staking opportunities.
Keeping OLE safe requires following standard cryptocurrency security practices. Use a reputable self-custody wallet that supports ERC-20 tokens on Ethereum, BNB Chain, and Arbitrum, such as hardware wallets for maximum security or well-regarded software wallets for everyday use. Always verify contract addresses before interacting with any token, particularly when adding OLE V2 to your wallet, as the project has migrated from an earlier version. Store private keys and seed phrases offline in a secure location, never share them with anyone, and be cautious of phishing attempts that impersonate the OpenLeverage project or its team. When using decentralized exchanges or the OpenLeverage protocol itself, double-check the URL and ensure you are interacting with the official platform. Since cryptocurrency prices including OpenLeverage can be highly volatile, only invest what you can afford to lose and consider diversifying your holdings to manage risk effectively.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose OpenLeverage products that suit your trading style
Thank you for your interest in BTCC. Currently, spot and futures trading services for OLE are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of OpenLeverage (OLE) is ₹0.069649. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated OLE to USD rate at the top of BTCC’s price page. In terms of market scope, OpenLeverage records a 24h trading volume of ₹0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹1.315063Cr. Its current circulating supply stands at 18.86Cr out of a maximum supply cap of 100Cr.
The price volatility of OpenLeverage (OLE) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (18.86Cr) to max supply (100Cr), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, OpenLeverage (OLE) hit an all-time high (ATH) of ₹482.035557 on 2022-07-07 10:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.050941 on 2026-08-30 17:30. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading OLE futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s OLEUSDT perpetual contracts support two-way trading. If you anticipate a price decline for OpenLeverage, simply log into your BTCC account with USDT margin available, navigate to the OLEUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for OLEUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹0.069649), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for OLEUSDT with zero financial risk.
Trading OpenLeverage (OLE) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for OLEUSDT, and review its live price (₹0.069649) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
Bitcoin
Ethereum
Tether USDt
BNB
XRP
Solana
Dogecoin
Cardano
Avalanche
