TL;DR
- Seamless Protocol launched leveraged tokens on Base that package complex DeFi strategies into automatically managed ERC-20 assets.
- The first token offers a 17x staking loop on the weETH/ETH pair, with Ether Fi and Eigenlayer rewards, requiring no manual management or external rebalancing.
- Seamless plans to expand its lineup with directional exposure tokens, delta-neutral strategies, and memecoin loops, all governed through a DAO.
Seamless Protocol has introduced a new line of leveraged tokens on the Base network, designed to simplify complex DeFi strategies by converting them into standard ERC-20 assets.
These tokens integrate collateral management, lending, swaps, and automated rebalancing into a single infrastructure layer, removing the need for manual user intervention.
Since its debut in 2023 as Base’s first native lending platform, Seamless has built a network of over 250,000 active wallets and maintains more than $100 million in total value locked. In early 2025, it migrated its infrastructure to Morpho’s permissionless lending system, adjusting its operations to run in a fully open environment.
The first token in this new series replicates a staking loop with 17x leverage on Ether Fi’s weETH/ETH pair. Simply holding this asset grants exposure to amplified staking yields while earning reward points from Ether Fi and Eigenlayer. The entire process runs on-chain via Seamless’s leverage engine, which automates each position adjustment and actively manages risk.
Seamless to Broaden Its Product Lineup
The protocol implemented a modular system using collateral, lending, and rebalancing adapters to connect to various capital sources and dynamically adjust leverage levels. Thanks to their ERC-20 format, these tokens can be freely traded, used as collateral, or integrated with other DeFi applications on Base.
Seamless intends to expand its offering with long and short exposure tokens for major cryptocurrencies, delta-neutral yield farming strategies, memecoin loops, and multi-strategy combinations. Additionally, it will introduce a DAO-governed fee switch to redirect revenue from these tokens to stkSEAM holders.
While leveraged ETFs in traditional markets surpassed $130 billion in assets under management by 2023, Seamless is betting on replicating that model through a decentralized structure, free from institutional barriers. With this approach, it aims to deliver complex financial products packaged into tokens that any user can hold and manage directly from their wallet.
