The headline this week: AnyCollateral is live. Any supported Monad ecosystem token can now be used as trading margin on LeverUp — no selling, no tokenomics changes, no engineering work required from the project team. It's the week's biggest protocol move, and it arrives alongside a new $LV ATH and a vault that keeps growing.

Here's the full picture.

Protocol Updates

AnyCollateral Program Is Live

LeverUp launched AnyCollateral — a program that lets traders use supported Monad ecosystem tokens as margin, beyond the default options of USDC and MON.

The mechanism: hold any supported Monad token, use it as collateral, open a position, keep full exposure to the underlying asset. PnL settles in that same token. No selling required. No changes to the token's design. No integration work for the project team.

For protocols in the Monad ecosystem, your token gains on-chain trading utility the moment it's added to the supported list. Applications and inquiries are now open.

→ AnyCollateral docs

Protocol Momentum

$LV hits a new ATH. The protocol's native token reached an all-time high this week. Track it live on MonadVision.

#1 Perp DEX on Monad. LeverUp holds the top position among perpetuals protocols in the Monad ecosystem. Ecosystem rankings.

Protocol Vault Value: 47.8M MON. The vault backing LVMON continues to grow as more MON is deployed into Monad's productive yield layer. View vault stats.

LVMON APY: 200%+. With 3.9M+ LVMON staked, the current APY sits at 213%. The rate reflects the yield generated on the full vault, distributed to a concentrated staking base — the smaller the staked fraction relative to the total, the higher the effective rate. Stake LVMON.

Genesis Airdrop — Final Season. Points continue accumulating toward the $LV airdrop. Current totals:

  • General Points: 1.4M+
  • High-Leverage Points: 630K+

→ Airdrop details and point system | Claim page

From the Community

LeverUp Weekly Recap on X — @Yorick_up broke down the week's highlights in a clean thread.

Monad App Hub Top 5 — LeverUp was featured by @monad_eco in the top 5 apps in the ecosystem this week.

10K+ MON earned in 23 days — @4y_nad shared their LVMON staking results: 10,000+ MON earned over 23 days through the staking yield mechanism.

LVMON explained — @CryptoTesteer wrote a clear breakdown of the LeverUp yield model and LVMON staking mechanics for traders new to the protocol.

AnyCollateral commentary — @CryptoTesteer also covered the AnyCollateral launch with analysis on what the program means for Monad ecosystem token holders.

Trade on LeverUp: app.leverup.xyz