Monday Trade
Monday Trade is a permissionless decentralized exchange on Monad blockchain offering spot trading, tokenized real-world assets (US stocks, ETFs, commodities), and perpetual futures to crypto-native traders and DeFi users via hybrid CLOB+AMM architecture.
- Company typePrivate
- Founded2024
- Headquarters—
- Headcount—
- GTM typeB2C
- OfferingSoftware
What Monday Trade does
Monday Trade is a decentralized exchange (DEX) built natively on the Monad blockchain, offering spot trading, perpetual futures, and tokenized real-world asset (RWA) trading through a hybrid CLOB and AMM liquidity architecture. Founded in 2024 and domiciled in Singapore, the platform launched on Monad mainnet in November 2024 via the SynFutures Builder Program with 424 trading pairs and accumulated approximately $268M in cumulative trading volume through its lifecycle. Its core technology leverages Monad's sub-second block times and 10,000 TPS throughput for execution speed, with perpetual futures powered by SynFutures' white-label V3 infrastructure and spot contracts audited by Quantstamp and Zenith.
The platform operates three product lines: permissionless spot trading with tiered fees of 0.03%-1% by pool volatility, perpetual futures (currently being wound down as of May 2026), and RWA trading — tokenized US equities, commodities, ETFs, and fixed income backed 1:1 by assets held in regulated custody through partnerships with Anchored Finance and Alpaca, settling in USDC with 24/5 availability. It serves crypto-native traders, DeFi users seeking RWA exposure, and liquidity providers, with a 32-week Voyage Point Program distributing 2M weekly points as user incentives. Distribution is fully self-serve via web and mobile wallets with no KYC, supported by community channels (Discord, X, Telegram Korea), referral bonuses, and event-driven marketing including RWA Live Seoul during Korea Buidl Week.
Monday Trade generates revenue through trading and swap fees embedded in protocol transactions, along with fees captured by liquidity providers from AMM pool activity. Its GTM motion is product-led and community-led, emphasizing fast execution, permissionless listings, and ecosystem partnerships. The company is privately held with no disclosed venture funding rounds, founder/operator-controlled, and is actively expanding into social trading, yield vaults, and AI-powered market intelligence per its stated roadmap.
Monday Trade firmographics
Firmographics- Name
- Monday Trade
- Legal name
- Monday Trade
- Website
- https://monday.trade
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Short description
- Monday Trade is a permissionless decentralized exchange on Monad blockchain offering spot trading, tokenized real-world assets (US stocks, ETFs, commodities), and perpetual futures to crypto-native traders and DeFi users via hybrid CLOB+AMM architecture.
- Ownership category
- akta.pro rank
Monday Trade industry classification
Industry- Product category
- Decentralized Exchange (DEX)
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Decentralized Exchanges (DEX) & AMMs (FSAPADAB)
- akta.pro secondary industries
- Spot AMM DEXs (FSADABAA), Perpetuals & Derivatives DEXs (FSADABAE)
Keywords
Monday Trade business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Others
Revenue model
- Trading/Swap Fees: Protocol earns fees from each trade executed on the platform. Fee tiers of 0.03%, 0.05%, 0.3%, and 1% available for liquidity pools.
- Liquidity Provider Fees: Liquidity providers earn fees from accumulated trading activity in AMM pools. Fee earnings based on proportional liquidity contribution.
- RWA Trading: Tokenized stock trading with USDC settlement. Revenue derived from spread and trading fees on RWA pairs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Fee tiers vary by pool volatility |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels7 records
Monday Trade product offering
Product offeringCore offering
Monday Trade is an all-in-one decentralized exchange (DEX) built natively on the Monad blockchain, offering permissionless spot trading, perpetual futures, and tokenized real-world asset (RWA) trading in a single self-custodial interface. The platform uses a hybrid CLOB + AMM liquidity model for tight spreads and minimal slippage, powers perpetual futures through SynFutures' white-label DEX infrastructure, and delivers tokenized US stocks, commodities, ETFs, and fixed income via Anchored Finance with 1:1 asset backing, regulated custody, and USDC settlement.
Product overview
Monday Trade is an all-in-one decentralized exchange (DEX) built natively on the Monad blockchain, offering a hybrid trading platform that combines CEX and DEX trading experiences. The platform operates three core products: Spot Trading (AMM and orderbook-based with permissionless listings and fee tiers of 0.03%-1%), Perpetual Futures Trading (powered by SynFutures' infrastructure with millisecond-level execution), and RWA Trading (tokenized real-world assets including US stocks, commodities, ETFs, and fixed income backed 1:1 by regulated custody). Additional offerings include Liquidity Provision for AMM pools, the Voyage Point Program (32-week incentive campaign with 2M weekly points), and planned features including Copy Trading, Vaults, AI-Powered Market Intelligence, and DEX v2. The platform also provides a Perp Trading API for programmatic access. The platform completed a transition from perp-focused to RWA-focused products in May 2026.
Differentiator
Problem solved
Functional benefit
Products and services
- Spot Trading Permissionless spot trading product on Monday Trade's hybrid CLOB + AMM engine, supporting any token or pair with fee tiers of 0.03%, 0.05%, 0.3%, and 1% based on pool volatility. Designed for crypto-native retail traders who want self-custodial, onchain spot execution.
- Perpetual Futures Trading Perpetual futures product powered by SynFutures V3 white-label DEX infrastructure, offering millisecond-level trading execution on Monad with 424 trading pairs at launch. Targeted at crypto traders seeking high-throughput onchain perps with self-custody.
- RWA Trading (Tokenized Real-World Assets) Tokenized real-world asset trading product offering 30+ onchain pairs including US equities (AAPL, TSLA, NVDA, GOOGL, MSFT, AMZN, META, AVGO, ASML, PLTR, AMD), commodities (aBNO, aUSO, aGLD, aGDX, aSLV), fixed income (aBIL, aTLT), ETFs (aQQQ, aSPY, aALLW, aEWY, aFLKR, aTQQQ, aXLK, aSMH, aSOXL, aBOTZ, aAIQ, aARKQ), and crypto/fintech stocks (aCOIN, aHOOD, aCRCL, aMSTR), each backed 1:1 by underlying assets held in regulated custody with 24/5 trading and USDC settlement. Built for crypto users wanting onchain TradFi exposure.
- Liquidity Provision (AMM Pools) AMM liquidity provision product enabling users to supply two tokens in equal value to a pool and earn a proportional share of swap fees, with both in-range and out-of-range positions supported and tiered fee structures by pool volatility. Targeted at DeFi users seeking yield on idle crypto balances.
- Perp Trading API REST and WebSocket API product for programmatic perpetual futures trading on Monday Trade, covering market data (instruments, orderbook, kline, tickers, funding history), trading operations (market/limit orders, cancel, batch cancel, fill), account management (balance, deposit, withdraw, transactions), position management, and liquidity operations, with documented error handling and reference enums. Built for algorithmic traders, bots, and power users.
Quantifiable outcome
- Cumulative trading volume of $267.97M since launch
- +3 more outcomes
Companies that use Monday Trade
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles4 records
Monday Trade technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability1 record
Feature6 records
Monday Trade partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, important and minor.
- Anchored FinancecoreAnchored Finance provides end-to-end RWA tokenization infrastructure for Monday Trade. Tokenized stocks are issued with 1:1 backing by underlying U.S. securities held in regulated custody, enabling 24/5 trading with USDC settlement and institutional-grade liquidity. Partnership enables Monday Trade to offer tokenized US equities, Hong Kong equities, and institutional fund products.
- AlpacaimportantAlpaca provides brokerage infrastructure APIs powering Monday Trade's tokenized stock offering. Partnership enables 1:1 asset backing, 24/7 transferability, and institutional-grade liquidity for tokenized US stocks.
- SynFuturescoreMonday Trade was built through SynFutures' Builder Program as one of the first trading venues on Monad mainnet. The platform is powered by SynFutures' white-label DEX infrastructure for perpetual futures trading. This partnership enabled rapid deployment of perps product on Monad.
- MonadcoreMonday Trade is built natively on Monad blockchain, leveraging sub-second block times and 10,000 TPS for high-speed trading execution. As a native Monad protocol, Monday Trade benefits from Monad's infrastructure for its spot, perps, and RWA trading products.
- QuantstampimportantQuantstamp conducted security audits of Monday Trade's spot and perps smart contracts, including SynFuturesV3 core contracts and upgrades. Audit reports available publicly for transparency.
- ZenithimportantZenith conducted security audit of Monday Trade spot contracts alongside Quantstamp, providing additional security validation for the platform.
- Future House KoreaminorKorea's newest community hub for education, hosting the RWA Live event in partnership with Monday Trade, Monad, and Anchored Finance during Korea Buidl Week.
Scale indicators17 records
Recent moves6 records
Expansion highlights6 records
Monday Trade competitors and assessment
Company assessmentEmerging players
- Ondo Finance: Tokenization platform offering on-chain exposure to US Treasuries and structured products; directly comparable to Monday Trade's RWA tokenized fixed income and equity offering via Anchored Finance.
Direct peers
- Kuru: Monad-native on-chain order book DEX; listed as a partner on Monday Trade's homepage and the closest head-to-head competitor within the Monad ecosystem.
- Drift Protocol: Solana-based decentralized exchange offering spot and perpetual futures with cross-margining; a comparable hybrid spot/perps DEX on a non-EVM high-throughput chain.
- dYdX: Established perpetual futures DEX that migrated to its own appchain; comparable to Monday Trade's perp heritage and to on-chain derivatives infrastructure more broadly.
- Jupiter: Solana's leading DEX aggregator that has expanded into spot and perpetual futures; comparable to Monday Trade's combined spot + perps product surface on a high-performance chain.
- Kwenta: Decentralized perpetual futures exchange built on Synthetix infrastructure on Optimism; comparable to Monday Trade as an on-chain perp DEX targeting sophisticated crypto-native traders.
- Hyperliquid: Decentralized perpetual futures exchange using a hybrid on-chain order book with deep liquidity; the most direct structural comparator to Monday Trade's hybrid CLOB + AMM spot and perp model.
- GMX: Decentralized perpetual exchange on Arbitrum/Avalanche using a liquidity-pool-based model; comparable to Monday Trade's AMM-style liquidity provisioning for derivative and spot trading.
Broad incumbents
- PancakeSwap: Largest AMM-based DEX across multiple chains with spot, perps and yield products; comparable to Monday Trade's permissionless AMM spot listings and multi-product surface.
- SynFutures: White-label decentralized perpetual futures infrastructure provider whose Builder Program incubated Monday Trade; comparable both as a strategic partner and as a broader protocol-level competitor in on-chain perps.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Monday Trade social profiles
Digital presenceMonday Trade compliance and trust
Trust signalCompliance4 records
Monday Trade financial estimates
Financial estimateRevenue estimate
Valuation estimate
Monday Trade leadership team
Management profileNumber of profiles
Monday Trade funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Monday Trade M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Monday Trade
What does Monday Trade do?
Monday Trade is an all-in-one decentralized exchange (DEX) built natively on the Monad blockchain, offering permissionless spot trading, perpetual futures, and tokenized real-world asset (RWA) trading in a single self-custodial interface. The platform uses a hybrid CLOB + AMM liquidity model for tight spreads and minimal slippage, powers perpetual futures through SynFutures' white-label DEX infrastructure, and delivers tokenized US stocks, commodities, ETFs, and fixed income via Anchored Finance with 1:1 asset backing, regulated custody, and USDC settlement.
Is Monday Trade a public or private company?
Monday Trade is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Monday Trade founded?
Monday Trade was founded in 2024.
How does Monday Trade make money?
Three revenue lines are on record. Trading/Swap Fees are the primary driver. The others are liquidity Provider Fees and RWA Trading.
Who are Monday Trade's main competitors?
Ondo Finance is listed as an emerging player. Direct peers are Kuru, Drift Protocol, dYdX, Jupiter, Kwenta, Hyperliquid and GMX. Broad incumbents are PancakeSwap and SynFutures.
Does Monday Trade have an API?
Yes. Monday Trade offers a comprehensive Perp Trading API for programmatic trading access. The API supports market data endpoints (instruments, orderbook, kline, tickers, funding history), trading operations (create market order, create limit order, cancel order, batch cancel, fill order), account management (get account balance, deposit, withdraw, transaction history), position management (get position list, close position, adjust margin), liquidity operations (get liquidity list, history), and WebSocket subscriptions for real-time data (instruments, orderbook, kline, portfolio, receipts, trades). Authentication via API keys. Comprehensive documentation available including quick start guide, examples, error handling, and reference enums/error codes. Developer documentation is at docs.monday.trade/perp-trading-apis/introduction.md.
What industry is Monday Trade in?
Monday Trade's product category is Decentralized Exchange (DEX). Its primary akta.pro industry code is FSAPADAB, Decentralized Exchanges (DEX) & AMMs, with a secondary code of FSADABAA, Spot AMM DEXs. Its NAICS code is 5231 and its SIC code is 6200.