Brazilian Federal Government Grants Levery to Boost Regulated DeFi in the Country using Besu
Levery, the white-label DEX-as-a-Service platform for regulated markets by Wireshape, has been chosen as one of only four startups to participate in the ILIADA project [1], an initiative led by Brazil’s National Education and Research Network (RNP) [2] in partnership with Telecommunications Research and Development Center (CPqD) [3] to foster blockchain research and innovation across the country. In recognition of its proposal, Levery receive funding from the Federal Government via RNP, aimed at accelerating the development of regulated decentralized finance, stablecoins and digital identity solutions.
Traditional banks and asset managers often face insurmountable compliance hurdles when entering DeFi, as pseudonymous transaction models obscure the origin of funds and prevent robust KYC/AML processes. Levery [4] addresses these challenges by integrating on-chain identity verification and anti-money-laundering checks directly into its Automated Market Maker architecture. Robust EVM-compatible smart contracts replace order books with on-chain liquidity pools governed by the invariant 𝑥 x 𝑦 = 𝑘, enabling continuous liquidity, automatic execution of trades and dynamic fee optimization via decentralized oracles. This cohesive design ensures transparent, auditable transaction flows while minimizing arbitrage risk, allowing regulated institutions to launch permissioned exchanges in weeks under the highest regulatory standards.
Beyond its AMM core, Levery offers an institutional-grade digital wallet that binds cryptographic key custody, secured in certified HSMs and cloud modules, to verified digital identities. Its comprehensive DeFi platform supports everything from tokenized real-world assets and CBDCs like Drex to traditional cryptocurrencies, with seamless connectors for fiat on-ramps and off-ramps. Continuous aggregation of price data from multiple on-chain oracles guarantees real-time accuracy before execution, and automated fee adjustments based on live market comparisons maximize liquidity providers’ returns. Integral KYC workflows collect and validate digital documents at onboarding, while ongoing AML monitoring analyzes transaction histories for anomalies, issuing alerts to mitigate money-laundering risks. The result is a fully modular, multichain architecture compatible with both public and private EVM networks, empowering institutions with a turnkey solution for regulated DeFi.
To support experimentation and validation, ILIADA [5] provides two distinct blockchain testbed environments. In the dedicated networks, each startup operates a fully isolated permissioned ledger, with end-to-end infrastructure, including VPN-secured bastion hosts, management VMs for monitoring and benchmarking, and cloud-based nodes, provisioned by RNP. These private environments support the Linux Foundation Decentralized Trust frameworks: Hyperledger Fabric, Hyperledger Besu and Hyperledger Indy.
Complementing the private networks, ILIADA’s distributed environments assemble multi-institutional, collaboratively governed Hyperledger Besu networks over the public Internet. In this model, each participant contributes validator nodes to a shared chain, establishing a resilient playground for experiments in decentralized digital identity (IDD) and permissioned DeFi applications. While these public testbeds foster cross-organizational interoperability, startups retain the freedom to use their own cloud or public networks if preferred.
Under a nine-month contract spanning June 1, 2025 to February 28, 2026, Levery will deploy its proof-of-concept, delivering structured feedback on testbed evolution, authoring best-practice guides for blockchain application development, and providing performance benchmarks that will inform the broader ILIADA community. These contributions are designed to demonstrate the viability of adopting blockchain by different sectors of the economy, benefiting both the public and private sectors.