The Potion of Levitation is a common potion in Remixed Dungeon that allows the drinker to float over traps and certain terrain hazards.
When consumed, the Potion of Levitation grants the Levitation status effect for 20 turns, allowing the character to float over weight-based hazards like chasms and traps while being immune to their effects. However, gases and flames still affect the character since they fill the air.
According to the game's string resources: “Drinking this curious liquid will cause you to hover in the air, able to drift effortlessly over traps. Flames and gases fill the air, however, and cannot be bypassed while airborne.”