Monad MON

What MON actually is on-chain

2 other assets tracked on this site also use the ticker MON: MON Protocol (Ethereum, 0xc555…600e); Moneybyte (another network). 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 @monad. 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

#126 places Monad in the top of the mid-cap band. Liquidity is already fragmented at this depth: a large share of real MON volume can sit on two or three venues, so a quote on a secondary exchange may lag the primary market by seconds and by more than a basis point. Position size matters more than entry timing here.

CryptoPingAi is currently streaming 5 live MON order books (OKX, Gate.io, MEXC, Upbit, Bithumb). That is coverage in line with a #126 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. 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 has given back 58.5% from its $0.0488 high (on 2025-11-26). Recovery now needs 2.41x — a full trend, not a bounce. Statistically this is the depth at which the reference point people quote shifts: the prior high stops being a target and starts being a ceiling that gets mentioned only after price has already run. That high was set about a year ago, recently enough that it still anchors how most current holders frame the asset.

MON across its historical range

The recorded range is comparatively narrow: 2.98x between $0.0164 and $0.0488. Either the price history is short, or the asset is designed not to move.

At 23.8% above its record low of $0.0164 (on 2026-02-06), MON sits near the edge of its own price history. Nothing has traded beneath that level, so there is no support to reference, no volume shelf and no cost-basis cluster underneath. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

MON supply structure

Only 11.7% of MON's 100.68 billion MON total supply is circulating; 88.86 billion — 88.3% of the total — is not yet in the market. A float this narrow means the quoted price is set by a small fraction of the eventual supply, and the unlock schedule, not demand, is the dominant variable in the supply narrative. Thin float also amplifies both directions of any move.

What kind of asset MON is

Monad is a base-layer network, so MON is simultaneously the chain's security budget and its unit of account rather than a claim on a business. Value accrual runs through validator economics and through whatever activity settles on the chain itself.

CoinGecko files MON under 9 categories, including Layer 1 (L1), Animoca Brands Portfolio, Parallelized EVM, eGirl Capital Portfolio, Paradigm Portfolio. Worth flagging from the metadata: MON appears in the Paradigm portfolio, and appears in the Galaxy Digital portfolio.

How to set a Monad alert that is worth receiving

Monad (MON) — quoted on 5 venues we stream — high dated 2025-11-26 — rank #126. On this profile the condition that carries signal is a single downside threshold sized to your risk tolerance plus a volume alert.

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