Earn MON + USDC Rewards for Providing Liquidity on Monday Trade

Introducing the TVL Incentive Campaign, powered by Merkl

The first liquidity rewards campaign on Monday Trade is now live — and it’s all about rewarding early LPs who help build deep liquidity for MON on Monad.

Introducing the TVL Incentive Campaign, a Merkl-powered rewards program that gives MON/USDC liquidity providers boosted returns on top of regular trading fees.

If you have MON and want to earn real yield and additional incentives, this campaign is for you.

Provide Liquidity Now →

What is the TVL Incentive Campaign?

The TVL Incentive Campaign is a dedicated reward program for the MON/USDC Spot AMM pool on Monday Trade.

To bootstrap early liquidity, Monday Trade is distributing MON rewards to LPs who supply liquidity to this pool — on top of the swap fees they already earn.

Rewards are distributed transparently via Merkl, the leading onchain incentive platform.

What you earn as an LP

Liquidity providers in the MON/USDC pool earn:

Trading Fees

Earn a share of all swap fees generated by users trading MON/USDC.

Daily MON Rewards (via Merkl)

A dedicated incentive pool funded by Monday Trade, distributed to LPs based on liquidity share and activity.

Voyage Points

Providing liquidity also earns Voyage Points in our Reward Hub, and early LPs capture the most. Learn more about the Voyage Point Program here.

How rewards work

Merkl distributes rewards based on your share of the MON/USDC pool’s TVL, how long your liquidity remains active, whether your liquidity is in range, and the pool trading volume.

Reward updates

Rewards update every 3 hours on Merkl
You can claim rewards every 8 hours

Everything is automatic — simply provide liquidity and track your accrual on Merkl’s dashboard.

How to participate

Adding liquidity takes just a few steps:

Go to Monday Trade → Spot → MON/USDC
Deposit MON + USDC into the pool
Start earning swap fees + Merkl MON rewards
Track and claim rewards via Merkl throughout the campaign

Your liquidity stays fully onchain and can be removed anytime. Check out the user guide for full details.

Campaign duration

November 26th → December 24th, 2025

Rewards are distributed in weekly waves, each running independently:

Week 1: Nov 26 → Dec 3
Week 2: Dec 3 → Dec 10
Week 3: Dec 10 → Dec 17
Week 4: Dec 17 → Dec 24

Each week has its own reward allocation and distribution curve. Weekly summaries will be posted on X, so keep your eyes on it!

How this fits into Monday Trade’s Reward Hub

The TVL Incentive Campaign works alongside the Voyage Points Season 1, our long-term reward layer for traders + LPs; and Momentum Campaign, a 4-week referral + trading sprint with MON + USDC prizes.

TVL campaigns specifically boost liquidity, serving as the incentive layer for LPs, while the other programs mainly reward trading activity and referrals.

Together, you get multiple ways to earn for participating in the Monday Trade ecosystem.

Start earning

Add liquidity to MON/USDC today and start earning fees + boosted MON rewards.

👉 Provide MON/USDC Liquidity

👉 Track Rewards on Merkl‍

👉 Explore more rewards on the Monday Trade Reward Hub‍