LeverUp

LeverUp is a decentralized perpetual trading protocol built on the Monad Layer-1 blockchain. The platform operates with an LP-free architecture, enabling perpetual trading without reliance on external liquidity providers and allowing open interest to scale with trader participation. LeverUp supports up to 1001x leverage, with all position, margin, and settlement data recorded on-chain for transparency. The protocol introduces $LV as its native token, which is used for incentive distribution and ecosystem coordination. Its allocation framework is structured around user participation, with token distribution reflecting activity that contributes to the operation and growth of the platform. LeverUp is developed by a distributed team focused on high-performance, transparent on-chain derivatives infrastructure and continues to expand its market coverage and trading capabilities as part of its ongoing roadmap.