Monad (MON) Price
Monad
MON
$0.041808
$0.001211 (2.98%)
LIVE
Volume (24H)
$501.9K
Circulating Supply
10.83B
Market Cap
$458.3M
About Monad (MON)
The MON token serves as the native utility and governance asset for the network. It is used to pay transaction fees, participate in staking, secure the network, and support ecosystem development. At mainnet launch, approximately 10.8 billion MON tokens (10.8%) will be unlocked and in public circulation, with additional tokens distributed through public sales and community airdrops. The total initial supply is 100 billion MON.
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About Monad (MON)
The MON token serves as the native utility and governance asset for the network. It is used to pay transaction fees, participate in staking, secure the network, and support ecosystem development. At mainnet launch, approximately 10.8 billion MON tokens (10.8%) will be unlocked and in public circulation, with additional tokens distributed through public sales and community airdrops. The total initial supply is 100 billion MON.
Monad Cryptopedia articles
Frequently asked questions
What is Monad?
Monad is a new Layer 1 blockchain that combines scalability, speed, and EVM compatibility to support high-performance decentralized applications.
What is MON token used for?
MON is the native utility token for the Monad network. It is used for transaction fees, staking, governance, and ecosystem development initiatives.
How many MON tokens are there?
The total initial supply is said to be 100 billion MON, distributed among ecosystem development (38.5%), the public sale (7.5%), airdrops (3.3%), investors (19.7%), and the team (27%).
Is MON EVM compatible?
Yes. Monad is fully EVM compatible, allowing developers to migrate or build smart contracts using existing Ethereum-based tools.
