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LP-Free Perpetuals Exchange LeverUp Launches on Monad Blockchain

LP-Free Perpetuals Exchange LeverUp Launches on Monad Blockchain

Author:

Global Cryptocurrency

Published:

2025-11-06 22:23:02

15

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BTCCSquare news:

LeverUp, a decentralized perpetual exchange, has officially launched on Monad's layer-1 blockchain, offering traders uncapped open interest and zero fees. The platform eliminates liquidity providers, reallocating all protocol fees back to traders. Backed by Makers Fund, LeverUp aims to address structural inefficiencies in DeFi, such as fragmented liquidity and complex fee structures.

The partnership with Monad enables LeverUp to leverage fast and scalable on-chain trading. The platform promises more integrations and updates soon, positioning itself as a transparent alternative in a competitive market.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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