Catenaa, Thursday, November 27, 2025- LeverUp, a new liquidity provider-free perpetuals exchange, has officially launched on the Monad layer-1 blockchain, offering zero-fee trading and uncapped open interest for crypto and real-world assets.
Backed by Makers Fund, the platform delivers a fully on-chain, transparent DeFi trading experience with leverage up to 1001x.
LeverUp’s model reallocates all protocol fees back to traders rather than liquidity providers, addressing fragmented liquidity and high costs common in existing DeFi platforms.
Positions, metrics, and protocol flows are fully verifiable on-chain, allowing users to trade with transparency and reduced systemic risk.
The platform features native LVUSD stablecoin settlement, uncapped market depth, and scalable open interest independent of total value locked. These innovations aim to improve capital efficiency and provide institutional-grade risk management while enabling flexible, high-leverage exposure.
LeverUp seeks to overcome structural challenges in DeFi markets, including liquidity fragmentation and complex fee structures, which often reduce returns and increase friction for traders.
The platform’s LP-free design promotes near-CEX execution speeds and composability with other DeFi protocols.
Traders can access the testnet via app.leverup.xyz and detailed documentation on LeverUp’s Gitbook. By combining transparency, flexibility, and zero-fee trading, LeverUp positions itself as a next-generation alternative for perpetual trading in decentralized finance.
