$EMO is now live as a collateral asset. The top 143 traders unlocked VIP status. 7D volume crossed $183M — nearly double the week before. And the team dropped a hint that a major announcement is incoming.

Here's everything.

Protocol Metrics (Jul 6–12)

Trading Activity

  • Reported Volume (7D): $183.44M (+95.98% WoW)
  • TVL: $2.43M (+0.83% WoW)

Revenue & Fees

  • Trading Fees (7D): $24,570 (+36.9% WoW)
  • Protocol Revenue (7D): $14,946 (+36.04% WoW)

Vault

  • Protocol Vault Value (MON): 70.01M
  • Protocol Vault Value (LVUSD): $876,627.85

LVMON Staking

  • Total Staked: 20,529,788 LVMON
  • Current APY: 46%

$LV Buyback

  • 46,318.44 LVMON deployed for buybacks (+13.19% WoW)
  • 17,583.99 $LV burned (+6.7% WoW)

Protocol Updates

New Collateral Unlocked — $EMO

$EMO (@emonadcoin) is now live under LeverUp's AnyCollateral Program. Traders can use their EMO holdings directly as margin with up to a 100% collateral ratio — every dollar of $EMO deposited counts as a full dollar of effective margin.

A series of AnyCollateral trading competitions featuring $EMO is coming soon.

→ Trade now

VIP Status Is Live

LeverUp's VIP Program has launched. Only 143 traders have earned VIP status on the platform.

If you've been trading actively, your VIP badge may already be waiting. Check your status directly on the platform.

→ Check your status

Something Big Is Coming

Co-founder Alex dropped a teaser this week:

"a big thing is coming ⚡️ we've been building crypto-native perps with real degen feedback at the core"

Stay tuned to LeverUp's official channels for the upcoming announcement.

LeverUp Ranked #2 by Fees on Monad

LeverUp ranked second by protocol fees across the Monad ecosystem this week, according to DefiLlama data. With 7D trading fees up nearly 37% week-over-week, trading activity on the platform continued to accelerate.

From the Community

Genesis Airdrop Season 1 Explained — @Yorick_up published a detailed thread breaking down how Genesis Airdrop Season 1 works. The program splits points into two categories — LVP (volume-weighted) and LVHP (hold-period-weighted) — so different trading styles earn rewards differently. If you're trading on LeverUp, this thread is worth reading to understand how points convert into $LV.

Community Reflection on LeverUp's Growth — @Essentialsam01 reflected on LeverUp's trajectory from the Monad testnet days to ranking among the ecosystem's top revenue-generating protocols. The post also floated ideas for expanding AnyCollateral further across the Monad ecosystem.

First $EMO Collateral Trade — @Balogz212 put the newly added $EMO collateral to work within hours of launch, posting an +82% trade using EMO as margin — a quick demonstration of AnyCollateral in practice.

Featured in Monad DApps Worth Watching — @solanageek included LeverUp in a curated list of Monad ecosystem applications worth following, highlighting the protocol's continued growth and positioning within the ecosystem.

Active Programs

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

LVMON Staking — Open to all wallets, current ~46% APY. → Details

Previous Weekly Recaps

Trade on LeverUp: app.leverup.xyz