Today we're announcing a partnership with nad.fun. Two integrations are launching together, and the reason this is worth your attention is what happens when they run side by side.

Most partnerships are one-shot value exchanges. Feature A plugs into feature B and the story ends. This one keeps moving. Every action that happens on one side eventually pays the people on the other, and the people benefiting on both sides are largely the same users in both ecosystems.

Here's what's launching, and then who actually gets value out of it.

The Two Integrations

Nad.fun V2 is adding LVMON as a pair token.

Anyone launching through nad.fun's bonding curve can now select LVMON as the pairing asset alongside MON. LVMON moves to the center of meme launches on Monad.

The AnyCollateral Program is extending to support nad.fun directly.

Graduated nad.fun tokens are now candidates for LeverUp markets as perp collateral. Listing remains curated on LeverUp's end, but the route from a successful launch to a real perp market is now an established pipeline rather than something built one conversation at a time.

Either integration would be useful on its own. Together, they form a loop.

The Flywheel

LVMON moving through nad.fun feeds LeverUp's vault. The growing vault feeds LeverUp's protocol revenue. Protocol revenue funds a larger AnyCollateral Program. The AnyCollateral Program routes part of that revenue to people who post selected nad.fun tokens as collateral on LeverUp. That payout draws more attention back to nad.fun launches, which starts the loop again.

Every meme that picks LVMON, every graduate that becomes collateral, every staker, every trader pushes the wheel one more degree.

Who Gets Value

Staking LVMON

Your yield base scales with how much MON sits in the vault behind LVMON. The PoS yield rate stays roughly where Monad sets it, but the amount distributed across stakers grows as nad.fun activity routes more MON into the vault. Your position is now tied to how active Monad's memecoin culture gets, not just to LeverUp's own user growth.

Holding LV

Buybacks are funded by a slice of the staking fees collected by the protocol. As vault size grows, that slice grows with it. The supply side of LV becomes tied to ecosystem activity rather than to LeverUp internal metrics alone. More vault, more fees captured, more LV pulled out of circulation over time.

Launching on Nad.fun

Pairing with LVMON gives your launch a tighter connection to the rest of Monad DeFi from the first block. If your token graduates from the bonding curve, it becomes a candidate for the AnyCollateral Program. Tokens that make it through stop being just tradeable memes — they can be posted as collateral on LeverUp, where holders earn a slice of protocol revenue through the AnyCollateral Program. That broadens the set of people willing to hold them, and how long they're willing to hold for.

Holding a Nad.fun Token

Before this, a memecoin had two states: parked in a wallet or actively traded. For tokens that get selected into the AnyCollateral Program, there's now a third state: posted on LeverUp as collateral, earning a share of protocol revenue. Holding becomes productive. That changes the math on how long anyone wants to stay in the position.

Trading Perps on LeverUp

More collateral options means more flexibility. You can keep exposure to your favorite Monad memes and trade perps on majors without rotating capital out of either. The trading universe on LeverUp gets denser because nad.fun is constantly funneling fresh candidates into it.

What It Takes to Spin

Nothing here is automatic. Nad.fun V2 has to ship cleanly. Meme launches have to actually choose LVMON often enough to matter. Markets opened through the AnyCollateral Program have to attract real volume. The wheel needs activity from both sides to actually move.

The structure is in place. Every nad.fun launch that picks LVMON tightens the loop. Every graduate that becomes collateral tightens it further. The flywheel doesn't care which side spun it first. It keeps adding value to the same set of people on both sides.