All rewards from the LeverUp × CHOG PnL & Volume Competition have been distributed, and the LeverUp competition inside Clash of Perps entered its final days. It ends on October 14.
Weekly reported volume came in at $19.87M, down from $65.64M the week before, which included the close of the CHOG competition. Total staked LVMON was roughly flat at about 20.48M, and $LV buybacks continued.
Trading campaigns
CHOG rewards fully distributed
All rewards from the LeverUp × CHOG PnL & Volume Competition have been distributed. The competition finished with $99.08M in total trading volume across the PnL and volume leaderboards, and 2.5M $CHOG was paid out. Congratulations to the winners, and thank you to everyone who took part.
LeverUp × Clash of Perps: final days
The LeverUp competition inside Clash of Perps ends on October 14, 2026, at 22:00 UTC. Players trade, build their base, and raid other players. Rankings combine eligible trading volume, raid trophies, and PnL, so volume is not the only factor.
The prize pool starts at a guaranteed 500 USDC and can grow to 5,000 USDC as eligible volume milestones are reached. To take part, select LeverUp V2 on Clash of Perps and trade with 1–100x leverage.
→ Open Clash of Perps and select LeverUp V2
Protocol metrics (Oct 5–11)
WoW figures compare Oct 5–11 with Sep 28–Oct 4.
Trading activity
- Reported Volume (7D): $19.87M (-69.7% WoW)
- TVL: $2.82M (-10.8% WoW)
Revenue and fees
- Trading Fees (7D): $6,490 (-49.0% WoW)
- Protocol Revenue (7D): $2,015 (-50.3% WoW)
Vault
- Protocol Vault Value (MON): 69.41M (-0.2% WoW)
- Protocol Vault Value (LVUSD): $912,319.46 (+0.4% WoW)
LVMON staking
- Total Staked: 20,482,362 LVMON (-0.1% WoW)
- Current APY: 32%
APY is variable and reflects the reporting snapshot.
$LV buyback
- 21,111.78 LVMON deployed for buybacks (-31.4% WoW)
- 8,439.47 $LV burned (-30.9% WoW)
From the community
What would you change about LeverUp?
On October 8, community member CryptoTesteer asked traders for honest feedback on LeverUp: what they like, and what gets in the way. The question covered the trading experience, interface, features, competitions, and community.
→ See CryptoTesteer's post on X
Recent recaps
- LeverUp Weekly Recap — Sep 14–20 — bStocks bridging went live, Guess One completed its $GONE raise, and CHOG joined AnyCollateral.
- LeverUp Weekly Recap — Sep 21–27 — QNT/USD went live and the CHOG and Clash of Perps competitions continued.
- LeverUp Weekly Recap — Sep 28–Oct 4 — The CHOG competition closed at $99.08M and $LV reached a new all-time high.
Related reading
- $CHOG Is Now Live as AnyCollateral on LeverUp — How CHOG collateral, settlement, and the competition rules fit together.
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