Both legs are crypto perpetuals on Canborsa, settled in USDC.
MON is live at up to 5x ; XRP is live at up to 20x . Trading fees are 0.07% per side ( 0.14% round-trip).
Both legs have their own market pages: Monad (MON) market hub ›XRP (XRP) market hub ›
Canborsa charges 0.07% per side (0.14% round trip) on every perpetual market, including Monad and XRP.
On Canborsa, Monad is listed as MON and XRP as XRP.
Canborsa categorizes Monad as Smart Contract Platform and XRP as Smart Contract Platform.
Monad and XRP sit in the same asset class on Canborsa: crypto assets.