Crypto Gloom

On-chain platform Monday trading expands to perpetual futures via Monad’s first DEX.

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Monday Trade launches a perpetual futures DEX on Monad, offering fast, high-liquidity trading with professional-grade features and early access via private beta.

On-chain platform Monday trading expands to perpetual futures via Monad's first DEX.

Monday Trade, an on-chain trading platform, announced the introduction of a perpetual futures decentralized exchange (DEX) to the Monad network with the network launch on November 24. Designed for advanced trading activities, the exchange is the initial permanent DEX within a new layer 1 ecosystem and is intended to offer fast execution, significant liquidity, and an integrated user interface.

The decentralized finance (DeFi) sector has recently experienced significant growth, driven by increased adoption of on-chain derivatives following the approval of cryptocurrency exchange-traded funds (ETFs). The growing demand for advanced trading strategies has fueled this activity as traders seek both quick execution and significant liquidity.

Perpetual futures continue to be the preferred tool of professional traders, requiring extremely low latency and reliable execution. These capabilities remain challenging even as DeFi infrastructure evolves. Monday Trade addresses these needs through a hybrid approach that combines an Automated Market Maker (AMM) with an on-chain order book. This model provides execution speeds and capital efficiency comparable to centralized exchanges while maintaining the transparency of DeFi. The platform’s user interface is designed to give traders efficient access to combined liquidity, with trades routed to the side that offers the most advantageous price discovery. Additional features such as advanced order types and real-time position tracking are perfect for professional users who want increased control over their trading strategies.

Built on the Monad blockchain, Monday Trade benefits from the network’s ability to process up to 10,000 transactions per second with 500 millisecond block times and full EVM compatibility. These characteristics help solve common scalability and performance issues and enable near-instant trade execution even during periods of high market volatility.

Since launching its spot DEX on the Monad testnet earlier this year, Monday Trade has seen notable adoption, achieving $67.5 million in total locked value, $136.2 million lifetime trading volume, and onboarding 83,300 active traders, supporting over 421 trading pairs. These solid achievements provide a strong foundation for the platform to scale into the permanent future on mainnet.

Early access to perpetual gifts through private beta begins November 20th

Recognized as a leading protocol, Monday Trade has been selected for the Monad Momentum program, joining a select group of DeFi projects and receiving support to accelerate development ahead of mainnet launch. Since its testnet debut in May 2025, the platform has attracted thousands of early users who have provided valuable feedback.

The platform is currently offering early access to perpetual futures products through private beta, with applications opening on November 10th. Invitations to early testers on the waitlist will begin on November 20th. This allows participants to help improve features ahead of full public release. Monday Trade, the core protocol of the Monad ecosystem, aims to establish a professional-level standard for on-chain perpetual futures trading.

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About the author

As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.

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As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.

more articles