LeverUp V2 continues to run smoothly after last week's launch. This week's focus was post-launch optimization and stability, while trading activity picked up sharply — reported 7D volume climbed to $279M+, up 651.2% week-over-week.

Missed the V2 launch? Catch up on the full breakdown of the new trading experience.

Here's everything.

Protocol Metrics (Aug 3–9)

Trading Activity

  • Reported Volume (7D): $279M+ (+651.2% WoW)
  • TVL: $2.44M

Revenue & Fees

  • Trading Fees (7D): $17,387 (+152.2% WoW)
  • Protocol Revenue (7D): $12,496 (+330.6% WoW)

Vault

  • Protocol Vault Value (MON): 73.43M (+3.9% WoW)
  • Protocol Vault Value (LVUSD): $888,050.66 (+0.2% WoW)

LVMON Staking

  • Total Staked: 25,017,951 LVMON (+12.7% WoW)
  • Current APY: 30%

$LV Buyback

  • 21,628.21 LVMON deployed for buybacks
  • 8,393.41 $LV burned

V2 Momentum

LeverUp V2 Is Running Smoothly

Following last week's official launch, the upgraded trading experience has been operating smoothly, with improvements across trading interface, position management, TP/SL execution, one-click trading, collateral flexibility, and wallet experience continuing to hold up under live trading volume.

Why We Built LeverUp V2

The team published a deep dive on the design philosophy behind the upgrade — why V2 was built, the problems it aims to solve, and how it changes the onchain trading experience. Recommended reading for both existing traders and anyone tracking the broader shift in perp DEX design.

→ Read the full article

From the Community

Traders started putting V2's new features through their paces this week. @CryptoTesteer tested $EMO as collateral alongside long and short BTC positions, and flagged Agent Wallet, passkey login, and additional trading pairs as next on the list to explore — while also pointing to LeverUp's self-custody design as a core part of what makes the trading experience distinct on Monad.

Active Programs

AnyCollateral Program — $LV and other Monad ecosystem tokens supported as collateral. → ac.leverup.xyz

LVMON Staking — Open to all wallets, current 30% APY. → Details

LeverUp Agent Wallet — Delegated, revocable trade-only permissions shipped as part of V2. → Details

Previous Weekly Recaps

Trade on LeverUp: app.leverup.xyz