Cross-Exchange Early Access continued this week, extending LeverUp beyond crypto through the LeverUp Perps aggregator. Three new markets also went live: S&P500/USD, GOLD/USD, and XYZ/USD.
Weekly reported volume came in at $22.2M, up from $12.41M the week before. Trading fees and protocol revenue both fell week over week, and variable LVMON staking APY was 30% at this report's snapshot.
What shipped
Cross-Exchange is in Early Access
Cross-Exchange, powered by the LeverUp Perps aggregator, connects traders to external order books, giving access to additional markets and liquidity through one trading platform.
- Deeper market liquidity: access external order-book liquidity, with pricing and execution based on available market depth.
- Broader market coverage: crypto, stocks, indices, commodities, forex, and pre-IPO markets.
- One trading platform: manage exposure across multiple asset classes without switching between trading interfaces.
Cross-Exchange uses a separate USDC trading balance, and market-specific trading hours, fees, and limits follow the corresponding venue. It remains in Early Access.
→ How Cross-Exchange works → Explore Early Access
New markets: S&P500/USD, GOLD/USD, XYZ/USD
Three new trading pairs joined LeverUp this week.
- S&P500/USD: trade price movements of the S&P 500 index through perpetual contracts, without holding the underlying stocks.
- GOLD/USD: go long or short on gold price movements through perpetual trading, without holding physical gold.
- XYZ/USD: another market, further expanding the trading lineup.
Protocol metrics (Oct 19–25)
WoW figures compare Oct 19–25 with Oct 12–18.
Trading activity
- Reported Volume (7D): $22.2M (+78.9% WoW)
- TVL: $2.27M (-4.2% WoW)
Revenue and fees
- Trading Fees (7D): $4,582 (-34.2% WoW)
- Protocol Revenue (7D): $1,806 (-16.9% WoW)
Vault
- Protocol Vault Value (MON): 65.43M (-3.2% WoW)
- Protocol Vault Value (LVUSD): $918,068.24 (+0.3% WoW)
LVMON staking
- Total Staked: 14,607,998 LVMON (-17.5% WoW)
- Current APY: 30%
APY is variable and reflects the reporting snapshot.
$LV buyback
- 33,676 LVMON deployed for buybacks (+29.5% WoW)
- 13,392.07 $LV burned (+28.4% WoW)
Recent recaps
- LeverUp Weekly Recap — Sep 28–Oct 4, 2026 — The CHOG PnL & Volume Competition ended with $99.08M in trading volume, $LV reached a new all-time high, and the Clash of Perps competition kept running.
- LeverUp Weekly Recap — Oct 5–11, 2026 — CHOG competition rewards were fully distributed after $99.08M in trading volume, and the Clash of Perps competition entered its final days before its Oct 14 close.
- LeverUp Weekly Recap — Oct 12–18, 2026 — Cross-Exchange opened in Early Access with stocks, indices, commodities, FX and pre-IPO markets, and CL/USD perps went live on LeverUp with up to 20x leverage.
Related reading
- Cross-Exchange Markets: Early Access Is Live on LeverUp — How the dedicated balance, fees, and venue rules work.
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