Overview
Monad(MON)
Token Price$0.021-0.91%over 24h
All Time HighNov 26, 2025$0.049
All Time LowFeb 5, 2026$0.016
Key Metrics
Market Cap$253.66m
Fully Diluted Valuation$2.16b
Circ. Supply11.825b MON
Outstanding FDV$2.187b
Volume 24h$34.07m
CEX$29.41m
Spot$6.54m
USD Perp$22.86m
COIN Perp$0
DEX$4.67m
Spot$876.46
USD Perp$4.67m
COIN Perp$0
Open Interest$60.31m
CEX$41.84m
USD Perp$41.84m
COIN PerpN/A
DEX$18.47m
USD Perp$18.47m
COIN PerpN/A
Total Raised$513m
Seed · Feb 14, 2023$19m
Apr 9, 2024$225m
Public token sale · Nov 17, 2025$269m
Token information
Income statement for MON
Include incomes from Monad Chain

| Q4 2026* | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | |
|---|---|---|---|---|---|
Gross Protocol Revenue | $301.23K | $1.01M | $458.84K | $364.45K | $318.45K |
| Transaction Base Fees | $254.47K | $843.64K | $312.27K | $168.6K | $156.93K |
| Transaction Priority Fees | $46.77K | $170.85K | $146.57K | $195.85K | $161.52K |
Cost of Revenue | $46.77K | $170.85K | $146.57K | $195.85K | $161.52K |
Gross Profit | $254.47K | $843.64K | $312.27K | $168.6K | $156.93K |
| Transaction Base Fees | $254.47K | $843.64K | $312.27K | $168.6K | $156.93K |
Earnings | $254.47K | $843.64K | $312.27K | $168.6K | $156.93K |
Token Holder Net Income | $254.47K | $843.64K | $312.27K | $168.6K | $156.93K |
| Transaction Base Fees | $254.47K | $843.64K | $312.27K | $168.6K | $156.93K |
Risks
How much debt can be issued against MON as collateral across lending protocols.
Maximum possible exposure to MON
$2.48m
$2.41m (max additional borrows against MON) + $67,571 (bad debt if MON was hacked now)
Neverland
$2.39m at-risk exposure = -- bad debt if hacked + $2.39m additional borrowable against MON
Morpho V1
$75,258 at-risk exposure = $59,061 bad debt if hacked + $16,197 additional borrowable against MON
Euler V2
$17,755 at-risk exposure = $8,510 bad debt if hacked + $9,246 additional borrowable against MON
Methodology and limitations
Showing collateral exposure for MON on Monad. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
- Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.
Show exposure details
Each row is one protocol-chain exposure for MON as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Markets
Token rights and value accrual
Monad
MONSupply is elastic. Each block mints a 25 MON reward (about 2B MON, ~2% of initial supply, per year), split among stakers of the producing validator. The base-fee burn partially offsets this. Net direction depends on usage.
Token Usage
Token usage needs a subscription
Unlocks
Token unlocks need a subscription
Yields
Showing 10 of 27 pools
Borrow
Showing 10 of 11 routes
