LP-Free Perpetuals Exchange Leverup now available, powered by Monad

[PRESS RELEASE – New York, United States, November 6th, 2025]

DeliverUp Offers traders a flexible and complete DeFi platform

DeliverUpa brand new Liquidity Provider (LP)-free perpetual exchange, has officially launched, offering traders a next-generation DeFi platform built on the layer-1 blockchain Monad. Backed by the Makers Fund, LeverUp offers a decentralized trading experience with unlimited open interest, free perpetuals for liquidity providers and scalability, meaning traders don’t have to pay fees. This partnership allows LeverUp to fully leverage its on-chain, transparent perpetuals trading on Monad’s fast and scalable layer-1 blockchain. Users can anticipate more integrations and product updates to be revealed soon.

The current market landscape is characterized by limited flexibility and high transaction costs on trading platforms. LeverUp introduces an alternative model that reallocates all protocol fees to traders, instead of sharing them with liquidity providers. The platform is designed to promote a more transparent and balanced trading environment.

The DeFi landscape continues to offer potential opportunities for traders and investors, but structural inefficiencies remain: liquidity is fragmented across pools and protocols, forcing traders to split their capital and reduce returns, and complicated fee structures create friction and increase risk for users. As a result, the market has become incredibly competitive and complex to navigate as investors look to earn consistent returns.

LeverUp was built to address these systemic challenges. Built on Monad, LeverUp introduces a new tech stack designed from the ground up to solve the liquidity, fees and transparency issues while providing the best performance, leverage, etc. LeverUp provides users with complete transparency where every position, metric and protocol flow is on-chain and verifiable. Traders have access to up to 1001x exposure to crypto majors and real-world assets, powered by an institutional-grade risk engine.

LeverUp eliminates the limitations commonly associated with traditional LPs, and on this platform, open interest scales independently of TVL, liquidity depth or passive providers, and traders trade directly with the protocol. 100 percent of the protocol fees are captured and returned to merchants, increasing network value where it belongs.

The platform’s native LVUSD settlement integrates a stablecoin layer, providing stability, composability and capital efficiency across the ecosystem. The DeFi platform’s unlimited market depth breaks liquidity ceilings compared to other platforms, enabling unprecedented capital efficiency and truly flexible open interest.

Additional information about LeverUp can be found at LeverUp.gitbook.io. Users can find more information about Testnet at app.leverup.xyz.

About LeverUp

LeverUp is an LP-free perpetuals exchange that offers unlimited open interest, 100% fee redistribution to traders, and up to 1001x leverage. With numerous perpetual platforms on the market, LeverUp is a differentiator, offering greater flexibility, native LVUSD settlement, unlimited market depth, and complete transparency, where nothing is hidden and nothing is off-chain. While others raced to copy CEX offenders – standalone chains and high-throughput order books – LeverUp took a different path.

On high-end public chains, LeverUp’s LP-free design gives traders near-CEX execution and true DeFi composability, so protocols fit together like Lego and network effects. The company builds with the ecosystem, not against it.