TestnetLaunch app

Built on Mezo · Live on Base Sepolia

Mezo's savingsrate, now onBase.

Deposit MUSD on Base. Earn yield paid by Bitcoin borrowers on Mezo. One signature, no bridging by hand, no BTC for gas. Withdraw any time.

Launch appHow it works
sMUSD rate on Mezo
12.71%
To you, after fees
10.29%
Saved in sMUSD
$1.20M
MUSD idle on Base
805,318

Mezo mainnet today: sMUSD pays 12.71% a year on $1.20M saved, via DefiLlama. Levada runs on testnet: test MUSD has no value.

About 805,318 MUSD sits on Base earning close to nothing. Levada pays it Mezo's savings rate, from interest on Bitcoin loans.

Live: totalSupply() of MUSD on Base mainnet ↗, block 53,772,833, 06:02 UTC

Mezo mainnet today

LivesMUSD via DefiLlamaMUSD supply via Base RPCLevada runs on Base SepoliaStatus ↗

  1. 01Saved in sMUSD$1.20Mon Mezo, by all savers
  2. 02Levada vaultOpens soonon Base Sepolia, hub on Mezo testnet. See how it works ↓
  3. 03MUSD on Base805,318MUSDthe market Levada serves
  4. 04sMUSD savings rate12.71%variable: 2.43% on average over 30 days

Save

Put idle MUSDto work.

Watch 1,000 MUSD grow

Example: 1,000 MUSD grows to about loading MUSD MUSD

An example at Mezo's savings rate today, 12.71% a year: about 10.29% after Levada's 10% fee on yield and the 10% kept on Base for instant exits. Every second it ticks by 0.0000033 MUSD.

1,000 MUSD
A year at 10.29%, after fees
+102.94 MUSD
Instant on exit, from the Base buffer
100 MUSD
Queued, paid in order from Mezo
900 MUSD

Estimate. Mezo's rate moves with borrowing. Instant versus queued assumes the buffer at its 10% target and you as the only saver; with more savers, more of an exit is instant. Queued exits are usually paid within minutes.

The Levada app

Save, withdraw and track it all in one place.

  • Deposit MUSD on Base Sepolia in one signature
  • Watch your savings tick up every second
  • Follow every withdrawal home from Mezo
Launch appView portfolio →

How it works

You save and withdraw.A keeper does the rest.

You, on Base

  1. 01 / 04 · You, on Base

    Deposit

    Save MUSD on Base and get lsMUSD, your share of the vault. One signature, on the chain you already use.

  2. 02 / 04 · The keeper

    Cross

    Most of it crosses to Mezo on Wormhole NTT, MUSD's own bridge. A buffer stays on Base for instant exits.

  3. 03 / 04 · Mezo

    Earn

    On Mezo it earns the MUSD Savings Rate in sMUSD, paid by interest on Bitcoin-backed loans.

  4. 04 / 04 · You, on Base

    Withdraw

    Small exits are instant from the buffer. Bigger ones are paid in order from Mezo, usually in minutes.

  1. Built on Mezo

    Made from Mezo's own parts.

    Levada doesn't compete with Mezo. It extends the MUSD Savings Rate to every MUSD holder on Base, and hands back a token the rest of DeFi can build on.

  2. 01The asset

    MUSD

    Mezo's Bitcoin-backed stablecoin. You deposit it on Base; the hub stakes it on Mezo.

  3. 02The bridge

    Wormhole NTT

    MUSD's own bridge between Base and Mezo. 13 of 19 guardians sign every transfer. Levada adds no new bridge trust.

  4. 03The yield

    sMUSD

    Mezo's MUSD Savings Rate, paid by interest on Bitcoin-backed loans. Every Levada deposit is new sMUSD demand.

  5. 04The output

    lsMUSD

    A standard ERC-4626 token on Base. Ready to be collateral in lending markets, a leg in DEX pools, a block in other vaults.

Security

Don't trust the page.Check the contracts.

  1. 01

    Withdrawals can't be paused

    The owners can pause new deposits, cap them, size the buffer and set a fee of at most 20% of yield. No one can move your money or block an exit.

    LevadaVault on Base Sepolia: address published at launch

  2. 02

    Two contracts, no upgrades

    One vault on Base and one hub on Mezo, under 800 lines with no proxies. Every step is open to anyone; the keeper only pays gas.

    LevadaVault on Base Sepolia: address published at launchLevadaHub on Mezo testnet: address published at launch

  3. 03

    Yield from Mezo's savings rate

    The hub holds sMUSD, Mezo's MUSD Savings Rate. Each report's gain is capped at 50% APR and released over 12 hours.

    sMUSD on Mezo testnet 0x6f46…8e16 ↗

  4. 04

    Bridged by Wormhole NTT

    MUSD's own bridge. 13 of Wormhole's 19 guardians sign every message, and transfers are rate-limited.

    MUSD bridge on Base Sepolia 0x6590…D85F ↗ MUSD bridge on Mezo testnet 0x2088…15be ↗

  5. 05

    Reviewed, every fix tested

    An AI-assisted adversarial review found 2 high, 1 medium and 8 low issues. All are fixed, each with a regression test.

FAQ

Fair questions,short answers.

Most of it earns on Mezo. A small buffer waits on Base for instant exits.

The vault keeps a set share on Base, at most half.