We’re entering the next phase of Monday Trade.
As part of a controlled transition, Perp Markets on Monday Trade are temporarily winding down while we shift focus toward building RWA-focused trading products and experiences.
Over the coming week, perp markets will be gradually phased out, with key milestones including the closure of new positions, the transition of points to RWA and Spot trading, and closing out all open positions.
Here’s everything you need to know 👇
What’s Happening
Here’s everything at a glance:
Perp markets are winding down
Moving forward, your points can be earned through RWA and Spot trading during the perp sunset from May 4th, 2026
All positions closed by May 8th
What This Means for You:
You can continue managing existing positions until May 8
Any remaining open positions will be automatically closed on May 8
Perp-related points will transition to RWA and Spot trading during the sunset
⚠ We recommend reviewing your positions ahead of the deadline to avoid any surprises!
Why This Shift? 💫
We’re focusing on RWAs as the next phase of onchain trading!
This transition allows us to build a more focused product, improve execution, and expand into markets that better reflect where trading is heading.
By concentrating our efforts, we can move faster and deliver a stronger experience for all traders in the Monday Trade and Monad ecosystems.
To see what we’re building toward, we encourage you to explore our 2026 roadmap for a closer look at what’s coming next and what’s already in the pipeline!
FAQs ⁉
Q: What happens to my open positions?
A: Open perp positions are open until the 8th of May, 2026. All open positions will be settled based on the prevailing or fair market rate at the time of settlement. The remaining balance for your settled position will then be credited back to your respective perp account.
Q: What happens to my margin and PnL after positions are closed?
A: After your position is closed, your final PnL will be realised, and your remaining balance will be returned to your account balance, available for withdrawal.
Q: What happens to my points?
A: Your existing points remain unchanged. Moving forward, your points can be earned through RWA and Spot trading during the perp sunset.
Q: Do I need to take any action right now?
A: No action is required. However, going forward, RWA and Spot trading will earn you points.
Q: Can I withdraw my funds during and after the transition?
A: Yes, it’s still on the balance. On Monday Trade, you can go to your portfolio page and click “Withdraw” to withdraw your funds. This button will remain on the perp portfolio page after the sunset.
Q: Are perps coming back?
A: Yes, as of this moment, we are simply winding down perp markets and are expected to return as we expand into RWA markets.
Additional FAQs and info can also be seen in our latest article.
Thank You 💜
Thank you for being here and following the Monday Trade journey. This transition marks an important step as we build toward a stronger, more focused future for onchain trading.
And we want you to be part of that adventure.
Follow along, and join our community of traders pushing the boundaries of what onchain trading can be.
Follow @MondayTrade_ on X and keep up to date with community discussions on our Discord server.