In an era of transformative agreements for journals, the article examines the Community-Led Open Publication Infrastructures for Monographs (COPIM) project through a transformative lens. How might we apply transformativeness to open access monograph publishing? Is transformativeness measured in strictly financial and transactional terms, or should more qualitative measures be considered; and, if so, what might those measures be? Centering academic values, scaling small, fostering communities of practice, production efficiencies, and collaboration are characteristics of the COPIM Project. Libraries and universities committed to academic values are called on to align both the direction of their scholarly communication programs and the principles underlying their collection development policies around a reimagined and transformative open access monograph publishing system that aims higher, beyond transaction-based cost transparencies.