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Larry Ecosystem
Welcome to Larry - The rebase-less stability token. Trade, leverage, and borrow against LARRY with our innovative stability mechanism.
LARRY Price
Current Price
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Total Backing
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Total Supply
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Price can only increase, never decrease - guaranteed by smart contract
Trade
Buy and sell LARRY with ETH
Leverage
Open leveraged positions up to 100x
Borrow
Borrow ETH against LARRY collateral
Stable Price
Price can only go up, never down
Ready to Start Trading?
Connect your wallet using the button in the navigation bar to access the Larry Ecosystem. You'll be able to trade LARRY tokens, open leveraged positions, and manage loans.
Larry Stability Mechanism
Larry's innovative design ensures the price can only increase, never decrease. Here's how the ecosystem maintains stability while enabling leverage and borrowing.
Buy & Sell
Every buy and sell transaction includes a small fee that increases the backing per token, ensuring the price can only go up over time.
Leverage & Borrow
Users can leverage up to 100x or borrow ETH against LARRY collateral. Interest fees add to the protocol's backing.
Liquidations
Expired loans are automatically liquidated, burning the collateral LARRY and adding the borrowed ETH back to the protocol's backing.
The Result: Ever-Increasing Price
Through fees, interest, and liquidations, the ETH backing per LARRY token continuously increases. Combined with a capped supply, this creates a unique stability mechanism where the price can only go up.
$0
Minimum Price
1B
Max Supply
∞
Max Price