Leverup’s LP-Free Perpetual Exchange: Unverified Launch Leaves Market in Doubt

Rumors of a Leverup LP-free perpetuals exchange launched on the Monad network surfaced in November 2025, but official confirmations from the company remain absent. This lack of clarity raises questions about potential market impacts on prominent cryptocurrencies such as Ethereum (ETH), Bitcoin (BTC), and MON. Despite these claims, there’s no detectable trading activity or indication of a launch on major exchanges. }