Multi-stage yielding dampers are developed versions of yielding metallic dampers and belong to passive energy dissipation devices. In this paper, a Multi-level Performance Damper featuring a novel configuration and a feasible geometry is proposed for improving the seismic behavior of structural systems. The core of the proposed configuration consists of two concentric steel pipes coupled with tension components comprising slotted steel plates and steel rods. In this configuration, the force transfer mechanism utilizes the contact property between the components. The cyclic behavior of a pipe specimen was experimentally determined in the laboratory. The experimental data was utilized to establish a benchmark Finite Element model and evaluate its accuracy. Subsequently, analytical models of the damper were developed using the ABAQUS Finite Element software. To investigate the effect of variations in the diameter and dimensions of the steel pipes, the behavior of fourteen numerical specimens with different diameters and thicknesses was numerically studied. dissipation capacity at the secondary performance level, following the failure of the inner pipe. Due to the stability of the outer pipe and tension components, this damper provides sufficient energy absorption capacity, particularly for structural control against large displacements. Based on the obtained results, the equivalent viscous damping ratio for the numerical specimen’s ranges from 17% to 32%. By investigating the performance of the proposed damper, it was observed that the suggested configuration exhibits stable behavior and provides the capability to offer parameters such as stiffness, strength, and energy dissipation at two distinct levels, depending on the structural requirements.