Monad (MON) USD Price

Monad Price Data

Monad (MON) currently has a price of $0.045 and is down -0.66% over the last 24 hours. The cryptocurrency is ranked 157 with a market cap of $485.5M. Over the last 24 hours, it saw $738.9M of trading volume. The token has a circulating supply of 10.8B tokens out of a total supply of 100B tokens.

What is Monad (MON)?

Monad is a high-performance, Ethereum-compatible Layer-1 blockchain built to push EVM throughput to the next level. The network is engineered for around 10,000 transactions per second, ~0.4-second block times and ~0.8-second finality, while still supporting standard EVM bytecode and Ethereum tooling. Developers can deploy existing Ethereum dapps to Monad with minimal changes while benefiting from lower fees and higher capacity. 

MON: the native token of the Monad network

MON is the native gas and staking token of the Monad blockchain. Users pay transaction fees in MON, and validators stake MON to help secure the network and participate in consensus. The token is also designed to support governance over time, aligning validators, developers and users around protocol upgrades and ecosystem growth. 

Token supply and distribution

At Monad mainnet launch, the initial total supply of MON is fixed at 100 billion tokens. Roughly 10.8% of supply is unlocked at launch, mostly from the public sale and airdrop allocations, with the remainder subject to longer-term vesting schedules. The distribution is split across ecosystem development (38.5%), team (27%), investors (19.7%), public token sale via Coinbase (7.5%) and airdrop (3.3%), with 4% allocated to the Category Labs Treasury. In total, about 50.6% of the supply is locked at launch and cannot be staked, helping to limit immediate circulating float. 

Launch and market structure

Monad’s public mainnet and MON token generation event are scheduled around November 24, 2025, following a token sale on Coinbase’s new public token-sales platform. The sale offered up to 7.5% of supply at an initial price of $0.025 per MON, targeting a fully diluted valuation of roughly $2.5 billion. Additional circulating supply comes from an airdrop distribution to early users and ecosystem participants.

Use cases and risks

As an L1 gas and staking asset, MON’s primary use cases are transaction fees, validator staking and participation in the broader Monad DeFi and dapp ecosystem as it develops. Like other cryptoassets, MON is highly volatile and still in a price discovery phase. Prospective users and investors should be aware of liquidity risk, smart-contract risk on connected dapps and the general risk of loss associated with trading or holding digital assets.