LeverUp opened Early Access to Cross-Exchange, a new trading experience that extends the platform beyond crypto into stocks, indices, commodities, FX, and pre-IPO markets. CL/USD also joined the perpetual market lineup, with leverage of up to 20x.

Weekly reported volume came in at $12.41M, down from $19.87M the week before. Trading fees and protocol revenue both rose week over week, and the variable LVMON staking APY was 36% at this report's snapshot.

What shipped

Cross-Exchange is in Early Access

Cross-Exchange is a new way to trade on LeverUp, powered by the LeverUp Perps aggregator.

  • More markets: crypto, stocks, indices, commodities, FX, and pre-IPO.
  • Aggregated depth: orders route through the aggregator, giving traders access to aggregated market depth.
  • One account: access these markets from a single trading platform.

Cross-Exchange uses a dedicated trading balance. Deposit funds to trade and withdraw when needed. Trading hours and limits for each market follow the corresponding venue. The feature is currently in Early Access.

→ How Cross-Exchange works

New market: CL/USD

CL/USD is now available for perpetual trading on LeverUp, with maximum leverage of 20x.

Protocol metrics (Oct 12–18)

WoW figures compare Oct 12–18 with Oct 5–11.

Trading activity

  • Reported Volume (7D): $12.41M (-37.5% WoW)
  • TVL: $2.37M (-16.0% WoW)

Revenue and fees

  • Trading Fees (7D): $6,964 (+7.3% WoW)
  • Protocol Revenue (7D): $2,174 (+7.9% WoW)

Vault

  • Protocol Vault Value (MON): 67.56M (-2.7% WoW)
  • Protocol Vault Value (LVUSD): $915,496.73 (+0.3% WoW)

LVMON staking

  • Total Staked: 17,700,614 LVMON (-13.6% WoW)
  • Current APY: 36%

APY is variable and reflects the reporting snapshot.

$LV buyback

  • 26,002.30 LVMON deployed for buybacks (+23.2% WoW)
  • 10,428.61 $LV burned (+23.6% WoW)

From the community

Exploring pre-IPO perpetuals

CryptoTesteer took a look at LeverUp's pre-IPO markets and explained how traders can get exposure to a private company's price movements without owning its shares. It is a useful read if you want to see how LeverUp's markets now reach beyond crypto.

→ See CryptoTesteer on X

Blev reaches 1.5M LVMON staked

Blev (@davidpblevins) reached his personal goal of 1.5M LVMON staked, at a 36% APY at the time of his post, and unlocked the LeverUp Active role in Discord. Congratulations on the milestone.

→ See Blev on X

Recent recaps

Related reading

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