A focused week of platform refinement and market expansion. Two new perpetual pairs launched, execution infrastructure received another round of improvements, and $LV found a new utility layer through Nad.fun's Dividend Fee Strategy. The DOKDO × LeverUp competition passed $21M in volume with two weeks still remaining.

Here's everything.

Protocol Updates

Two New Markets Live — BNB/USD and TRX/USD

BNB/USD and TRX/USD perpetual markets are now available on LeverUp. Both pairs are live for trading now.

Platform Upgrade

This week's upgrade focused on execution quality and trader experience across three areas:

Margin Management — Collateral adjustments on active positions have been further refined, making the process smoother when modifying margin on open trades.

Pyth Pro Chart Integration — Trading charts now reference Pyth Pro pricing data, improving chart accuracy and alignment with the oracle feeds used for execution.

Keeper Performance — System responsiveness and execution throughput have been improved, contributing to overall platform stability.

Additional backend changes were also deployed to strengthen security and reliability.

Protocol Metrics (Jun 15–21)

Trading Activity

  • Reported Volume (7D): $117M
  • TVL: $2.3M (+3.2% WoW)

Revenue & Fees

  • Trading Fees (7D): $17,149
  • Protocol Revenue (7D): $14,663

Vault

  • Protocol Vault Value (MON): 68.14M
  • Protocol Vault Value (LVUSD): $879,611.40

LVMON Staking

  • Total Staked: 19,888,596 LVMON
  • Current APY: 43%

$LV Buyback

  • 27,421.46 LVMON deployed for buybacks
  • 11,754.62 LV burned

Ecosystem

$LV Added to Nad.fun Dividend Fee Strategy

Nad.fun introduced a Dividend Fee Strategy that allows creators to select up to five tokens as reward assets for their communities. Every trade generates fees, which are used to purchase the selected reward tokens and distribute them to eligible holders.

$LV is now included as one of the supported reward assets — adding a distribution mechanism that creates ongoing exposure for the LeverUp ecosystem through activity on Nad.fun.

$LVMON Now Discoverable on LP.new

$LVMON staking is now listed on LP.new, making the protocol accessible to users exploring yield opportunities across the Monad ecosystem.

DOKDO × LeverUp Trading Competition

The competition continues through June 30. Volume has already crossed $21M, with the leaderboard still open for new participants. Final rankings will be announced July 3, with rewards distributed within two weeks.

If you haven't registered yet, your trades won't count toward the leaderboard — make sure to enter your registration code and complete the social tasks on DOKDO DAO before placing trades.

From the Community

Staking APY Above 40% Despite 18M+ Staked — @day_dream1007 noted that despite more than 18M LVMON currently staked, the APY remains above 40% — considerably higher than base staking yields available elsewhere on Monad.

Competition Tips Thread — @Yorick_up published a thread outlining the key steps traders need to complete before their volume counts: registration code, social task completion on DOKDO DAO, and leaderboard monitoring. Worth reading before your next trade.

LeverUp Featured in Monad Community Picks — @MediaMonad published a list of community-recommended projects on Monad, with LeverUp included among the highlighted protocols.

Monad Ecosystem Recap — @DeltaV_xyz covered LeverUp's weekly volume and recent system upgrades in their Monad ecosystem summary, alongside other active protocols shipping this week.

keone Flags Volume Growth Across Monad Perps — Monad co-founder @keoneHD noted rising volumes across Kuru, LeverUp, and Perpl this week — a broader signal of growing trading activity within the ecosystem.

Active Programs

World Cup Special Event — TradeCup 2026 is live. Traders earn points based on their country's World Cup performance while competing on a leaderboard for rewards. Join the LeverUp Discord for participation details.

DOKDO × LeverUp Trading Competition — Runs through June 30. → Competition Details

AnyCollateral Program — Monad ecosystem tokens accepted as trading collateral. → ac.leverup.xyz

Pingu Trader Welcome Program — Trading rebates for active Pingu traders. → Details

LVMON Staking — Open to all wallets. → Details

Trade on LeverUp: app.leverup.xyz