🈚 Zero-Fee Perpetuals
A Fairer Model for Traders
Why Zero Fee?
In traditional perpetual exchanges, whether CEXs or on-chain AMMs, traders are charged fees regardless of performance:
Fixed opening and closing fees
Borrowing fees
Funding payments
Slippage costs
Liquidation risks amplified by fee decay
This means even if your position is flat or slightly negative, you still pay
The system penalizes traders before they even start to win
Data across major perp platforms shows that over 90% of traders lose money, and yet they are still charged fees on every action
We believe this is fundamentally misaligned with traders’ interests
Introducing Zero-Fee Perpetuals
LeverUp’s Zero-Fee on high leverage mechanism adopts a simple principle:
If PnL < 0 → You pay 0 fees
No opening fee.
No closing fee.
No borrow fee.
No hidden carry cost.
When a position closes with profit, traders share only a portion of the gains with the protocol.
LeverUp uses a profit-sharing curve where traders keep a higher percentage of profits as their PnL increases, at low PnL, the protocol takes a slightly larger share; as profits grow, the trader’s share rises rapidly, The model is designed so that traders who generate stronger performance retain the majority of their upside, reinforcing the core principle:
Win More Keep More
Zero-Fee Perpetuals create a fairer, more capital-efficient model designed specifically for active, high-leverage traders on Monad
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