Pre-IPO stocks.
2× your direction.
Long the opportunity. Short the risk.
Explore 2× long and short token candidates linked to PreStocks and Tessera private-market instruments. Pick a source, inspect the price, and see the exact collateral and settlement gates before a trade can open.
No holder margin debt.
Proof, not promises.
A simpler way to take leveraged stock exposure—without hiding how the product is priced, backed or stopped.
Direct wallet
Use wallet USDC and receive a transferable Solana token. No separate LevPlay deposit account.
Defined holder risk
No margin call, personal debt or seizure of other wallet assets. Loss is limited to the token purchase.
Visible backing
Every market must expose its NAV, collateral, leverage, oracle state and capacity—or remain blocked.
Pre-IPO exposure meets onchain leverage.
Existing products offer tokenized private-market economic exposure without managed leverage, while leveraged trading usually requires margin and liquidations. LevPlay is designed for the space between them.
One position token
Fixed daily-target long or short exposure in an asset held directly in your wallet.
Isolated by market
Each product has separate accounting, collateral, capacity and wind-down rules.
Fail closed
Stale prices, market halts, unsupported corporate actions or missing backing stop new value movement.
Leverage you can inspect.
Each market packages a managed daily target into a Solana token. The ticket names the source asset, fee, target, oracle state and settlement status before you act. Provider listings never make a market executable by themselves.
Use wallet USDC
No LevPlay balance or separate deposit. Choose position capital and review the 0.5% fee added on top.
Receive LevPlay tokens
The isolated vault mints leveraged-token shares from conservative net asset value.
Vault manages exposure
Permissionless keepers rebalance or enter Standby; real reserve collateral—not token decimals—funds any residual floor.
Close when ready
Burn the position token for its available USDC redemption value. Profit or loss is shown before confirmation.
No forced wallet liquidation.
A severe adverse move triggers deleveraging. At the funded safety floor, the series enters Standby with zero directional exposure and its remaining collateral stays isolated. The holder is not margin-called and other wallet assets are never seized.
Prices must agree before value moves.
Pyth is primary where an exact feed exists; an independently operated onchain source must also pass freshness, confidence, publisher-count and deviation limits. Provider API and DEX marks are display-only.
- Issuer halt and Token-2022 pause gates
- Exact mint, feed and program pinning
- No invented or server-relayed settlement feeds
Pre-IPO leverage—verified product by product.
LevPlay catalogs eight pinned PreStocks references and two pinned Tessera references. Missing or unverifiable references remain visibly blocked instead of displaying a misleading price.
PreStocks provide economic exposure without company ownership rights. Tessera T-Tokens are unsecured loan participation rights, not equity. Each LevPlay market remains blocked until two independent settlement feeds, funded 2× long and short routes, capacity and deterministic unwind are proven.
Paper flow live · real-money signing evidence-gated