Perpl

Perpl is a perpetual trading platform backed by Monad. Alongside its core points system, the project is running a 16-week, $1M mPoints campaign that distributes 50k mPoints weekly. Half of the campaign ($500k) is guaranteed in MON, while the remaining $500k unlocks in $100k increments based on overall platform trading volume.

I started using Perpl early on when the platform was relatively quiet and uncrowded. The initial appeal was straightforward: you could build normal trading volume while earning both regular platform points and Monad-linked mPoints at the same time. My approach here is simple: I only place real trades that I would take anyway, using low leverage and isolated margin to keep risk controlled. Mindlessly churning volume just to farm points usually ends up costing more in fees, slippage, and bad executions than whatever rewards you get back. Since I began trading on it, activity and liquidity across the platform have grown noticeably, and the fee rebate structure has improved. It has turned into a solid product with real usage, and I continue using it as one of my main active trading setups.