MON Protocol MON

What MON actually is on-chain

MON Protocol is an ERC-20 deployed on Ethereum, at contract address 0xc555d625828c4527d477e595ff1dd5801b4a600e. That address, not the ticker MON, is what uniquely identifies this asset: anyone can deploy a second token calling itself MON, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, MON is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in MON itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

2 other assets tracked on this site also use the ticker MON: Monad (Monad); Moneybyte (another network). The asset on this page is specifically the Ethereum deployment at 0xc555…600e. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For MON the project publishes a whitepaper and an active account as @monprotocol. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where MON sits in the market

MON Protocol ranks #3210, in the upper long tail, past the point where most data providers stop publishing supply figures, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

CryptoPingAi is currently streaming 5 live MON order books (OKX, Gate.io, MEXC, Upbit, Bithumb). That is wider coverage than most assets ranked near #3210 carry, so a divergence on any one of them is far more likely to be a local liquidity event than a genuine repricing. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

MON against its all-time high

MON is more than 95% below its all-time high of $0.6863 (on 2024-05-27) — a 34.6x gap. At this point the record has essentially no analytical value: it belongs to a different supply structure, a different holder base and often a different market cycle. The useful reference for MON is the downside, not the peak, so the range section below matters more than this one. That high was set roughly 2 years ago, recently enough that it still anchors how most current holders frame the asset.

MON across its historical range

MON has traded across a 570x range, between $0.00120391 and $0.6863. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

Spot is about 16.5x above the all-time low of $0.00120391 (on 2026-05-06) — a substantial recovery, but one where a meaningful share of the holder base still has a cost basis within the visible range rather than far beneath it.

MON supply and valuation data

Supply figures for MON are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $1.4 million as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset MON is

MON Protocol falls in the gaming and virtual-world category, where token demand depends on player retention rather than on financial flows. The recurring failure mode for this class is well documented: in-game emissions create constant sell pressure while the user base plateaus, so the supply sink stops working before the supply tap does. Active-user data is a better leading indicator here than anything on the price chart.

CoinGecko files MON under 6 categories, including Gaming (GameFi), Avalanche Ecosystem, Ethereum Ecosystem, Animoca Brands Portfolio, Delphi Ventures Portfolio. CoinGecko also records deployments on Avalanche (256 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a MON Protocol alert that is worth receiving

MON Protocol is the ERC-20 at 0xc555…600e on Ethereum — quoted on 5 venues we stream — high dated 2024-05-27 — rank #3210. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →