We’re back for wave 3. Earn boosted returns on the AUSD/earnAUSD spot pool

NOTE: This campaign has now ended.
The AUSD liquidity flywheel keeps accelerating.
After two successful waves of liquidity incentives, Wave 3 of the AUSD/earnAUSD TVL Campaign is now live on Monday Trade!
LPs can once again provide liquidity to the AUSD/earnAUSD spot pool (0.03%) and earn trading fees plus MON incentives.
This article will cover TVL information, how to join and a rewards breakdown.
Ready to trade? Let’s get started ↓
Why the AUSD/earnAUSD Pool Matters
The AUSD/earnAUSD pool plays an important role in both the Monday Trade and Monad ecosystems.
This pool enables efficient liquidity between the base stablecoin and its yield-bearing version. This improves capital efficiency while allowing LPs to earn trading fees and MON incentives at the same time.
Campaign Information
Everything you need to know at a quick glance:
- Pair: AUSD/earnAUSD spot pool (0.03% fee tier)
- Chain: Monad
- Rewards: 432,000 $MON + Fees
- Duration: Wednesday, 4th of March, 2026 — 4th of May, 2026, 1:30PM UTC
- Campaign Platform: Merkl
- Reward Model: Variable reward rate
- Eligibility: Only in-range liquidity is rewarded
- Claim Frequency: Every ~8 hours on Merkl
Note: Rewards are distributed based on active liquidity contribution to the pool.
How to Join Wave 3 ⤵️
- Step 1: Connect your wallet
- Go to Monday Trade and connect your wallet
- Step 2: Add liquidity
- Provide liquidity to the AUSD/earnAUSD spot pool (0.03)
- Step 3: Earn rewards
- Keep your liquidity in range and claim rewards on Merkl
It’s that easy and you don’t need to do anything else.
Note: You will need both AUSD and earnAUSD tokens to participate.
Resources to help you along the way:
- Video tutorial: https://www.youtube.com/watch?v=52VpNmAJ1aE
- How to LP guide on docs: https://docs.monday.trade/spot-trading/how-to-provide-liquidity-on-monday-trade

Rewards Breakdown
Liquidity providers in the AUSD/earnAUSD pool earn from several reward layers simultaneously.
Liquidity providers earn:
- 0.03% trading fees generated by the spot pool
- $MON incentive rewards distributed through Merkl
- Rewards update approximately every ~8 hours and can be claimed directly on Merkl.
If you have concerns around the campaign or questions, don’t hesitate to let the Monday Trade Community Team know on Discord.
Catch Up on the Latest from Monday Trade ☕
From events, campaigns and launches, here are a few things you can get involved in right now:
- Binance Wallet Point Boost: Earn 10% Point Boost when you use Binance Wallet. Join here.
- RWA Waitlist Giveaway: $500 in tokenized assets. Ends 11/03. Join here.
- Voyage Points Season 1: Earn points for your activity. Learn more here.
- Resting Order Point Program: Earn perp points for placing tight limit orders. Join here.
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