$LV is now accepted as trading margin on LeverUp.
This makes it the first asset live under the AnyCollateral program, with a 100% collateral ratio — meaning every dollar of $LV you deposit counts as a full dollar of effective margin.
Hold your bag. Keep your exposure. Open a position.
What's Changed
Until now, trading on LeverUp required depositing a supported stablecoin or native asset as margin. $LV sat in your wallet, appreciated or didn't, and had no productive role inside the protocol beyond spot trading.
That changes today.
Deposit $LV as collateral, open a perpetual position on any supported pair, and your $LV exposure stays intact. You don't need to sell it to participate in the market. The collateral works. The position runs. The token stays yours.
At 100% collateral ratio, $LV has the highest possible CR in the AnyCollateral framework — one dollar deposited, one dollar of margin. That reflects both the token's on-chain liquidity depth and the protocol's commitment to making its own asset a first-class citizen inside the trading infrastructure.
Why Start With $LV
The AnyCollateral program is designed to bring any Monad ecosystem token onchain as productive collateral. $LV going first is a deliberate choice, not just a convenient one.
The protocol's own token is the clearest signal of what the program is meant to do: turn an ecosystem asset into something more than a line on a portfolio tracker. $LV now has a function inside LeverUp's trading layer — not because the tokenomics were redesigned, not because new emissions were introduced, but because the infrastructure was built to support it.
If AnyCollateral works for $LV, it works for every token that follows.
The Bigger Picture
Monad's ecosystem is growing. More protocols are shipping. More tokens are accumulating holders. More capital is sitting in wallets waiting for something to do with it.
Most ecosystem tokens in DeFi have one job: hold and hope for price appreciation. The only way to put them to work is to sell them — which defeats the purpose of holding. AnyCollateral is built around a different premise: a strong ecosystem token should be able to do more without requiring its holder to exit.
Perps are where leverage, hedging, speculation, and active trading all converge. AnyCollateral is the bridge that connects Monad ecosystem tokens to that layer.
$LV is the first asset through that bridge. More will follow.
For Projects Building on Monad
The AnyCollateral Program is open to Monad ecosystem projects. What's reviewed before a token is added:
- Real on-chain liquidity — verifiable depth, not just circulating supply
- Real price discovery — active markets, not theoretical valuations
- Real community — active holders and protocol usage
Adding a token to AnyCollateral requires nothing from the project team. LeverUp handles oracle integration, collateral parameters, settlement logic, and the trading interface. The token gains new utility the moment it's added to the supported list.
Applications: ac.leverup.xyz
How to Use $LV as Margin
- Go to app.leverup.xyz
- Select $LV as your collateral asset when depositing margin
- Open a position on any supported trading pair
- Your $LV stays deposited — your position runs independently
One note on risk: AnyCollateral positions carry dual liquidation exposure. Your position can be affected by movement in the underlying pair and by movement in $LV's price. Manage both. The protocol's risk parameters are configured to account for this, but position sizing remains the trader's responsibility.
$LV as AnyCollateral is live now.
Documentation: leverup.gitbook.io/docs/liquidity-layer/anycollateral