Plaza Finance

Plaza Finance offers bondETH and levETH, giving users access to ETH backed yield and leverage without complex DeFi steps. Built on Base, it’s early in growth but shows promise with clean design and composable products.

I have been interacting with plaza finance for months now. it has been quite quite a great experience. From the testnet to the mainnet, i have been there, got all the points and all the roles. I am really bullish on them , waiting for great rewards

I’ve been using Plaza’s levETH hard lately, gives me leveraged exposure to ETH without the risk of liquidation. I’m long ETH growth and staking yield, but with no forced exits even during volatility. It feels like leverage without the edge-case stress. Pandario approves.

Not much to say. It started well and ended badly. Something we're all used to. Only this project did it in record time. 6 months. Well, there are actually projects that have lasted even less... Anyway, another day in crypto.

plaza_finance Plaza Finance is yet another weak project that struggled to maintain its position despite running testnet campaigns and later mint campaigns, followed by liquidity campaigns. It failed to introduce new products, leading to its recent announcement that it can no longer continue, resulting in the project's shutdown and failure. Such cases are not uncommon in the cryptocurrency space.

Plaza Finance started with hype but quickly lost direction. Delays, rushed launches, and no real delivery ended with the project shutting down, leaving users disappointed.

Plaza Finance is a DeFi innovator on the Base network, offering programmable derivatives through flagship products like bondETH and levETH. These tools blend Ethereum staking security with high-yield and leveraged exposure. Using Solidity smart contracts, Plaza enables customizable, cross-chain financial products. Their Season 2 Points Program, launched April 28, 2025, rewards community activity such as liquidity provision and referrals. Backed by $2.5M from investors like Ambush Capital and Anagram, Plaza hit $1M in deposits just four days into Season 1. With a user-driven approach, Plaza Finance is redefining access to powerful onchain financial tools.

I think they keeps it clear and straight to the point, regular updates on bonds, leverage, and what they’re building on Base. And i also think they ran some testnets one time, so If you’re into DeFi and want to stay in the loop and also check about their incentives program, it’s an account to follow.

They extracted massively before shut down announcement dropping TVL to 1/3rd - what we call insider knowledge/trade. I am not against tech or closing down as project is mo longer considered viable. But acts like these is called insider trade in stocks and can be argued as mass extraction. Some screenshots to support as usual! https://ibb.co/5hcvgyHM https://ibb.co/zWpz32PK https://ibb.co/dw9LBCxc https://ibb.co/7tmnPkPz https://ibb.co/VW9ndjDC

I abandoned the project after the testnet ended despite holding their NFT. In the end, the project died and I lost my money.