OpenLeverage (OLE)
1. Fundamental Analysis
1.1 Introduce
OpenLeverage is a permissionless lending and margin trading protocol with aggregated DEX liquidity, enabling traders to long or short any trading pair on DEXs efficiently and securely. Anyone can create lending pools to support margin trading for specific token pairs with liquidity pools on DEXs.OpenLeverage is currently deployed on Ethereum, the BNB chain and KCC. Important milestones include crossing 700 million in Total Trading Volume, and 14.5 million in TVL.OpenLeverage is incubated by Binance Labs and Creative Destruction Lab. We have received security audits from PeckShield, Code4Rena and CertiK.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | OLE | Market Cap | 1609018.78769 |
| Name | OpenLeverage | White Paper | -- |
| Web Site | https://openleverage.finance | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | |
| Available Supply | 188630573 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.00846 | 0.00853 | 0.00846 | 0.00853 | 141.831039 |
| 2024-12-31 | 0.0085 | 0.00858 | 0.00831 | 0.00836 | 3241.842584 |
| 2024-12-30 | 0.00855 | 0.00877 | 0.00827 | 0.00846 | 8938.682877 |
| 2024-12-29 | 0.00891 | 0.00897 | 0.00844 | 0.00849 | 4293.345079 |
| 2024-12-28 | 0.00904 | 0.00941 | 0.00863 | 0.00891 | 5472.809174 |
| 2024-12-27 | 0.00875 | 0.00936 | 0.00849 | 0.009 | 9889.273393 |
| 2024-12-26 | 0.00938 | 0.01022 | 0.00791 | 0.00882 | 38470.203545 |
| 2024-12-25 | 0.00944 | 0.00997 | 0.00915 | 0.00939 | 9513.137552 |
| 2024-12-24 | 0.00937 | 0.00954 | 0.00913 | 0.00942 | 8675.374045 |
| 2024-12-23 | 0.00931 | 0.00961 | 0.0091 | 0.00936 | 9443.379235 |
| 2024-12-22 | 0.00917 | 0.00958 | 0.00893 | 0.00937 | 11600.315694 |
| 2024-12-21 | 0.0088 | 0.00957 | 0.00869 | 0.00922 | 16582.537083 |
| 2024-12-20 | 0.00911 | 0.00913 | 0.00799 | 0.00883 | 27224.109306 |
| 2024-12-19 | 0.01011 | 0.01011 | 0.0086 | 0.00912 | 27384.019006 |
| 2024-12-18 | 0.01102 | 0.01102 | 0.01 | 0.01011 | 13014.841419 |
| 2024-12-17 | 0.01093 | 0.01199 | 0.01075 | 0.01084 | 10543.752203 |
| 2024-12-16 | 0.01139 | 0.01148 | 0.01076 | 0.01076 | 11582.278683 |
| 2024-12-15 | 0.01166 | 0.01309 | 0.01107 | 0.01139 | 26445.884441 |
| 2024-12-14 | 0.01126 | 0.01213 | 0.011 | 0.01186 | 28983.309997 |
| 2024-12-13 | 0.01092 | 0.01136 | 0.01079 | 0.01109 | 11371.304553 |
| 2024-12-12 | 0.01205 | 0.01213 | 0.01083 | 0.01096 | 49829.605586 |
| 2024-12-11 | 0.01155 | 0.01225 | 0.01142 | 0.01194 | 19456.522295 |
| 2024-12-10 | 0.01195 | 0.01271 | 0.01126 | 0.01163 | 36181.77129 |
| 2024-12-09 | 0.01355 | 0.0136 | 0.01151 | 0.01187 | 39502.90949 |
| 2024-12-08 | 0.01402 | 0.01463 | 0.01342 | 0.01355 | 48758.979294 |
| 2024-12-07 | 0.01462 | 0.0167 | 0.01389 | 0.0141 | 38413.134346 |
| 2024-12-06 | 0.0143 | 0.01525 | 0.01394 | 0.01464 | 51856.209381 |
| 2024-12-05 | 0.01235 | 0.01673 | 0.01231 | 0.01412 | 146398.360272 |
| 2024-12-04 | 0.01178 | 0.01257 | 0.01121 | 0.01234 | 42586.895436 |
| 2024-12-03 | 0.01144 | 0.013 | 0.01136 | 0.01197 | 55588.956988 |
2.2 Analysis
The short-term trend shows a potential for minor upward correction, followed by a resumption of the longer-term bearish trend. Significant support levels need to be watched closely for confirmation of any trend reversal. Volatility is expected to remain elevated in the near term. The mid-term outlook is cautiously bearish, with substantial downside risk if key support levels are broken. A sustained break above recent highs would invalidate this bearish outlook.
