We’re excited to unveil LeverUp — the newest project launching through CAKE.PAD, giving CAKE holders early and exclusive access to one of the most promising perpetual trading platforms building on Monad. This also marks our first-ever CAKE.PAD launch on Monad, a high-performance, EVM-compatible blockchain capable of 10,000 TPS.

Project and Token Overview

LeverUp is a next-generation perpetual trading platform built on Monad — a fully LP-free perps DEX offering up to 1001x leverage, zero fees* on losses, and 100% of protocol fees returned to stakeholders.

Built for traders and stakers, LeverUp eliminates traditional LP incentives and creates a clean, frictionless incentive loop where all value generated by the protocol flows back to the users who trade.

At the core of LeverUp is a tri-token ecosystem – $LV, $xLV, and $yLV, engineered to maintain sustainable incentive alignment. $LV is used to reward traders, $xLV represents staked LV and unlocks protocol fee distribution, while $yLV is a liquid wrapped version of xLV that is also backed by protocol fees. This unified structure integrates perpetual trading, staking, and revenue distribution into one self-reinforcing system, strengthening long-term alignment across all stakeholders.

*Zero-fee perpetuals only apply to positions with 500x leverage and above

CAKE.PAD Event Details

• Event Period: 17 Dec 2025 0300 UTC to 18 Dec 2025 0300 UTC
• Chain: Monad
• Accepted Token: CAKE
• Token Name and Ticker: LeverUp, LV
• Total Token Supply: 1,000,000,000 LeverUp
• Tokens Available in CAKE.PAD: 10,000,000 LV(1% of LV’s max supply)
• Target Raise Amount: $100,000 in CAKE
• Token Price: $0.01 USD (equivalent in CAKE)
• Fully Diluted Valuation: $10,000,000
• Vesting: None, 100% of subscribed tokens will be tradable immediately after the event.
• Method: CAKE.PAD event will be conducted via the Overflow method
• All CAKE raised from the LeverUp token CAKE.PAD event will be given to the CAKE.PAD project

How to Participate in the LeverUp CAKE.PAD

Leverup is launching through CAKE.PAD on PancakeSwap using the “Overflow” method, a fair and flexible token distribution model.

In this method, users can commit as much CAKE as they want during the event period. Final token allocations are proportional to each user’s contribution relative to the total amount committed by all participants. If the event is oversubscribed, users receive a portion of their CAKE back (minus a tiered subscription fee) when they claim their tokens.

Participation is open to everyone, no staking, lockups, or prior eligibility needed. Just follow these steps:

• Hold CAKE in a non-custodial wallet (e.g., MetaMask, Trust Wallet).
• During the event, visit pancakeswap.finance/cakepad.
• Commit your CAKE to subscribe to LeverUp's token launch.
• After the event ends, claim your allocated tokens and any leftover CAKE (if applicable)

For full details, refer to the official CAKE.PAD participation guide. Visit our forum for more information on LeverUp token.

Disclaimer:

CAKE will soon be deployed on Monad using LayerZero’s OFT standard and will serve as the official commit token for the sale. Until then, any CAKE token you see on Monad is fake and should be considered a scam. The official CAKE contract address on Monad will be announced on our socials.

Once the official CAKE token is live on Monad, users can either buy it directly on Monad PancakeSwap or bridge their CAKE from BNB Chain to Monad to participate in the LeverUp CAKE.PAD event.

All projects are subject to high market risk and volatility. Please do your own research and interact with caution. PancakeSwap will not be held responsible for any losses.