what's monad?
Monad is a high-performance Layer 1 blockchain designed to be fully compatible with the Ethereum Virtual Machine (EVM). It achieves up to 10,000 transactions per second with 1-second block times and single-slot finality through innovations like parallel execution, asynchronous execution, a custom state database called MonadDB, and a high-performance consensus mechanism named MonadBFT. This enables low hardware requirements and scalability for decentralized applications, particularly in DeFi, trading platforms, and other blockchain-based services. Monad maintains Ethereum's security and decentralization while addressing its limitations in throughput and efficiency. The project is built by a team with experience in high-frequency trading and has raised significant funding to support its ecosystem growth.
Monad features async execution, sub-second finality, scalable database, gas fix, and low 2% issuance.
Sets issuance at 2% of total supply on Day 1, starting at a lower level than almost all networks.
Allora Network launched mainnet on Monad, enabling developers to build DeFi applications with predictive and proactive market capabilities.
Has 74,325 holder addresses for the MON token.
Represented as a speaker at InnovateDenver conference by team member @0x_eunice
Integrated with noevilxyz for private cross-chain swaps between Solana and Monad, with encryption provided by Arcium.
Featured in a discussion about positioning as fundamental infrastructure for multi-agent systems and the broader agentic landscape.
Added support on Bidali platform, enabling access to over 1000 brands in early January 2026.
Ranked as the blockchain for the 9th largest prediction market by volume in 2025 according to DeFiLlama data.
Euler plans to deploy isolated 3-pools on Monad in 2026.
Integrated with ShapeShift, enabling trading support on the platform.
APE token expanded to Monad, HyperEVM, Solana, and BSC chains.
Verifiable AI is live with Polymarket, Kaito, and Monad ecosystem through EigenCloud integration.
Processed $9M in cross-chain transaction volume through Mayan Finance during the week ending approximately January 5, 2026.
Mainnet went live on November 24, 2025 (41 days before January 4, 2026).
Staking $MON provides a 2x Nansen Points boost for the first 90 days post-mainnet.
A trader opened an $1.9M long position on MON token on Hyperliquid on January 1, 2026, as part of an $8M deployment across multiple assets.
Launched on Orca DEX via Sunrise DeFi integration, enabling trading and liquidity provision on Solana.
Won "Best In Community" award at The Rollup 2025 Awards Season on December 31, 2025.
Ranked 7th among cryptocurrencies by number of unique content creators posting about the project across social media in 2025.
Supported for deposits and withdrawals on Crypto Wallet platform in 2025.
Integrated with 0xPPL's V2 onchain super app in 2025.
Offers incentivized wstETH/WETH liquidity pool on Uniswap with average 9.67% APR.
Opens applications for Monad Momentum grant program to support builders with user acquisition campaigns.
Accumulated over $267M in assets bridged via Wormhole infrastructure.
Reached 25 protocols and assets with $1m+ TVL each in the ecosystem.
PingMe application launched on Monad, enabling stablecoin transfers via email or QR code with instant onchain settlement, self-custody wallets, and subsidized gas fees.
Has 170 validators with 14.8 billion MON tokens staked.
Reached a TVL cap of $10 million on a YuzuMoneyX syzUSD vault deployed on the network.
Discussed on CNBC in a morning interview on December 24, 2025.
Burned $140,000 in gas fees within one month of mainnet operation as of 2025-12-24.
Participates in a live discussion with SynFutures and D'CENT on December 23, 2025, covering onchain activation, execution, and trading flows.
integrated with Chainlink standard across one or more of Chainlink's services
Yield trading goes live with 3 Spectra markets on the network.
Reached $100M in total deposits within two weeks of mainnet deployment.
Has over 50 apps with more than 1,000 users each since mainnet launch.
Bitget Onchain added support for monad, enabling users to interact with monad ecosystem assets through Bitget spot accounts.
Listed on iTrustCapital, a crypto IRA platform offering tax-advantaged trading with custody and security features.
Switchboard Verifiable Randomness went live on Monad, enabling on-chain games, fair launches, raffles, and lotteries with provably fair randomness.
Crossed $1.43B in volume on the Uniswap Protocol.
Received investment from Shima Capital, a crypto VC firm that launched in 2021 with $200M and is now winding down after SEC fraud allegations against its founder.
Uniswap DEX is live on Monad, enabling asset swaps on the network.
Added to MetaMask wallet with native support in November 2025.
ICO buyers initially gained 95% but current holders are now down over 20% from peak levels.
Backpack exchange offers 16% yield on MON deposits through combined lending and staking revenues, with tokens also usable as collateral on the platform.
WLFI treasury address receives MON tokens from the wallet that distributed over 50% of total supply back in May.
RocketX cross-chain swap platform adds Monad network support, bringing their total supported networks to 203.
Curvance launches points campaign offering 5x boost for sMON deposits and 10x boost for wMON deposits into the sMON|wMON market. Current FDV stands at 2bn.
Spot DEXes on Monad recorded over $2.3B in cumulative volume since mainnet launch 3 weeks ago, with UX and liquidity improvements implemented. Coinbase ICO buyers selling within 30 days of launch face penalties in future ICO allocations.
Token reaches new all-time lows, and ICO participants are down 20% three weeks after the ICO launch.
DAUs dropped 76% from 169,000 to 41,000, daily contract deployments declined from ATH of 196,000 to 950, DEX volume decreased from $75M to $36M, and stablecoin liquidity sits at 12% after 3 weeks live. Foundation holds ~$400M cash with insider unlocks scheduled 1 year away, and total funding raised was $431M. (IDs: 2000586374248886378, 2000588193037726183)
Backpack Exchange now offers MON token lending at 16% APY, combining native staking yield with lending yield, and the token serves as unified collateral for perps, spot-margin, and borrow lending. (IDs: 2000570757123027322, 2000571819682853044)
Team size estimated at over 160 people. Guild acquired Nostra Finance, the #1 money market on Starknet, and announces expansion plans to Monad alongside Base and Tempo. (IDs: 2000559850674327827, 2000562293785125032)
FDV stands at $2.1B following a 26% weekly decline, with observers noting poor performance compared to previous cycle L1 launches like Solana and Avalanche. (IDs: 2000522592722022847, 2000526075437428749)
Token declined 25% over 7 days while ETH increased, accompanied by widespread negative sentiment on social media.
Leadership states mainnet apps are generating first TVL and revenue, emphasizing focus on builder velocity and iteration over maximizing headline TVL numbers with aggressive incentives. Market cap currently at ~$167M. (IDs: 2000463358106189848, 2000468347821904185)
Top airdrop recipients continue selling, with only 5 diamond hands remaining among top 450 and 28 among top 1,000 (down from 68 two weeks ago).
Foundation plans Blast-scale incentives for apps, holders, and other participants. "Few billion more tokens" announced as coming, with no DEX announcement yet disclosed.
@hyperstiti0ns launches on-chain experiment converting prediction markets into coordination markets, with price, infofi, launchpad, and volume markets already tested as coordination surfaces and entering week 2 of activity.
ChogNFT, described as the main memecoin for the ecosystem, experienced a problematic launch due to snipers during deployment, negatively affecting community sentiment and creating challenges for the project and community.
$MON reaches all-time low, trading approximately 40% below the $0.035 level.
Day 18 brings multiple ecosystem launches: Kinetk IP Protection Network goes live, PlayKamiApp launches with RWA collectibles and instant buybacks, AEON adds support enabling MON spending across 50M merchants globally, and Kizzy Mobile announces Monday launch date.
Symphony achieves 100,000+ trades and 1,000+ users on its Agentic Fund Marketplace. Integration with Gains Network competition provides $300,000+ in trading rewards through December 24.
Coinbase plans major event on Dec 17th, potentially announcing a second ICO after hosting the first one on Nov 17th at $2.5b FDV.
Monad integration with Morpho and SteakhouseFi offers 12.66% yield opportunity.
MON trades below its Coinbase sale price. The entire liquid staking landscape on the chain equals one deposit into competitor Kinetiq on Hyperliquid.
JOE staking goes live on Monad with 100% platform revenue from Liquidity Book DLMM paid to stakers in USDC. First sJOE payout distributes all DEX revenue since mainnet Day 1 in approximately 1 week.
MON achieves 3rd position in CoinGecko's trending coins rankings for the week.
LFJ_gg achieves 2nd position as DEX by spot volume (7 days). Clober runs MON-USDC pool with 139% APR and $270,500 TVL through December 15, 2025.
Neverland_Money platform shows improved TVL metrics. Octra sale prepares to go live.
MON completes TGE with price dropping to $2.5bn FDV, doubling, then returning to $2.5bn FDV.
Curvance launches ezETH | wETH market in collaboration with Renzo Protocol, bringing Renzo's liquid restaking token to the ecosystem.
Monad raised $248M for 1/5 of tokens and another $129M for 3/40ths, with Team & Foundation holding 70% of total supply and 3.3% allocated to community. Sappy's Minthub facilitates just under 5 million MON (~$135K) in deposits for upcoming NFT collections with new demand tracking and transaction history features. (IDs: 1999217010845118797, 1999221223528550889)
Curvance incentives receive a major top-up with current yields at 43.77% for AUSD deposits, 34.08% for WMON deposits, and 41.25% for wETH borrowing. AstriumArts launches as the first on-chain generative art platform on Monad with mainnet contract live and Genesis NFT drop with whitelist signups open.
A MON token giveaway launches with TrendleFi and hyperstiti0ns.
JOE token staking goes live on Monad with 100% fee capture mechanism, paying all LFJ DEX revenue to stakers in USDC with first distribution in approximately one week.
Solana ranks #5 globally among centralized exchanges in first 24-hour MON trading volume, using Wormhole NTT standard and Sunrise DeFi for multichain asset issuance.
Velvet Capital integrates Monad, enabling users to buy and trade MON tokens through their platform. (ID: 1999033438632886648)
Andreessen Horowitz hires a Monad Foundation executive to lead new a16z crypto Asia operation in Seoul. Renzo Protocol's ezETH/wETH market launches exclusively on Curvance with MON and REZ token incentives for ETH restaking.
A user reports receiving a Monad airdrop valued at $690 in November.
Ethereum Foundation research validates parallel execution for scaling EVM chains, achieving 10 GigaGas/s benchmark. Monad positioned as one of only two EVM L1s with parallel execution architecture, while Ethereum implementation remains far away pending EIP-7928.
Beefy Finance launches ten yield strategies for the DeFi ecosystem with more planned. Definitive trading terminal adds support for the chain alongside other major networks.
WalletConnect Pay integration goes live at 94° Coffee in Lisbon, Portugal, enabling instant payments with MON token on Monad network alongside other major cryptocurrencies (USDC, ETH, SOL, BNB, POL) across multiple supported chains including Ethereum, Arbitrum, OP, BNB Chain, Polygon, Base and Solana.
Monad launches a public ICO/token sale alongside MegaEth, Aztec, Zama, and Infinex, marking a return to public capital formation events with improved mechanisms and retail participation enabled through onchain auctions.
Stablecoin pair AUSD/USDC yields 31% APR on the network.
Daily chain revenue drops to $5.5k, down 88% from launch day, while daily active users decline to 74k from millions during testnet.
Token price was $1100 two weeks ago and has experienced a sharp decline since then.
Polymarket adds support for Monad cryptocurrency on its prediction market platform.
MON staking yields 14% APY, which exceeds returns on competing DeFi platforms. Lending platforms Curvance, TownSquarexyz, and Neverland_Money currently lack LST-MON leverage loop functionality.
Total value locked on Monad reaches $347M as DeFi protocols establish foundation on the network.
AUSD stablecoin launches cross-chain transfer support for Monad via LayerZero's OFT standard, allowing 1:1 transfers between Avalanche, Ethereum, Monad, and Base with zero slippage.
Wormhole NTT integration enables multichain assets to flow to Monad. The project raised $431M backed by Paradigm and Greenoaks.
Arthur Hayes labels the project a high FDV, low float VC trap. An onchain pong game launches on bro_dot_fun where users win MON tokens.