$LVMON staking crossed 20 million — less than four weeks after opening to everyone. The DOKDO × LeverUp Trading Competition entered its final stretch with volume surpassing $30M, and the community kept the signal strong with standout staking results and trading performances.

Here's everything.

Protocol Metrics (Jun 22–28)

Trading Activity

  • Reported Volume (7D): $71.08M
  • TVL: $2.19M

Revenue & Fees

  • Trading Fees (7D): $16,139
  • Protocol Revenue (7D): $11,433

Vault

  • Protocol Vault Value (MON): 69.07M
  • Protocol Vault Value (LVUSD): $887,483.32

LVMON Staking

  • Total Staked: 20,881,976 LVMON (+5% WoW)
  • Current APY: 39%

$LV Buyback

  • 37,031.61 LVMON deployed for buybacks (+35% WoW)
  • 15,398.37 LV burned (+31% WoW)

Ecosystem

DOKDO × LeverUp Trading Competition Enters Final Stage

The DOKDO × LeverUp Trading Competition is entering its final stretch. Competition volume has surpassed $30M, with a total reward pool of $17,000 set to be distributed after the competition concludes and final rankings are verified.

If you're still active — this is the final push.

LeverUp Remains Among Monad's Most Active Perp Protocols

Based on reported 7D volume, LeverUp remained one of the more active perpetual trading protocols in the Monad ecosystem.

From the Community

Alex Shares the Long-Term Vision for $LVUSD — LeverUp co-founder @Alex_LeverUp shared more of the protocol's long-term roadmap, explaining that yield-bearing assets are a core pillar of LeverUp's DeFi vision on Monad. With LVMON staking APY remaining near 39–40%, Alex also hinted that $LVUSD will play a much larger role in the ecosystem going forward.

$LVMON Staking Surpasses 20M — @Yorick_up highlighted the milestone: less than four weeks after opening staking to everyone, total staked LVMON has already surpassed 20 million while APY remains near 40%.

Community Shares $LVMON Staking Returns — @davidpblevins shared his latest staking rewards and encouraged more users to explore staking. Reminder: $LVMON stakers can generate and share their own staking performance card directly from the staking page.

Trader Highlight: +427% PnL — @Balogz212 shared a position that delivered 427.25% PnL, showcasing the range of opportunities available across LeverUp's perpetual markets.

Active Programs

DOKDO × LeverUp Trading Competition — Entering final stage. $17,000 in rewards. → 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, current ~39% APY, auto-compounding. → Details

Previous Weekly Recaps

Trade on LeverUp: app.leverup.xyz