Education

Core concepts and terminology explained for on-chain traders.

18 articles

Education

What Are the Hidden Costs of Perp Trading?

Leverage numbers and fee percentages don't tell the whole story. Here's a full breakdown of what actually eats into perp trading returns: open/close fees, holding fees, funding, slippage, and the cost structure of liquidation.

james
· 2 min read
Education

What Is MEV? How It Affects Your Trades on a Perp DEX

MEV — maximal extractable value — is the profit that can be extracted by reordering, inserting, or censoring transactions on a blockchain. Here's how it actually works, and why the mechanics change depending on whether you're trading against an order book, an AMM, or oracle-referenced pricing.

james
· 3 min read
Education

Trading Gold On-Chain: What a Gold Perpetual Actually Is

Gold is one of the oldest hedges in traditional finance, and it's now tradeable on-chain as a perpetual contract. Here's what an on-chain gold perp is, how it differs from an ETF or futures contract, and how it works on LeverUp.

james
· 2 min read
Education

Beyond LeverUp: A Trader's Map of the Monad Ecosystem

Trading on LeverUp doesn't happen in isolation — it sits inside a broader Monad ecosystem of wallets, bridges, stablecoins, portfolio tools, and other DeFi protocols. Here's how the pieces around your trading activity fit together.

james
· 2 min read
Education

Alex 101: The Illusion of Liquidity

In perp markets, liquidity is one of the easiest things to claim and one of the hardest things to prove. When a venue's liquidity is too thin, the chart starts telling the truth.

james
· 3 min read