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Current Monad Price: $0.02 | 27 February 2026 | Market cap: $227,033,877.00.What is MONAD?
Monad is an EVM-compatible Layer 1 blockchain network built for scalability and speed in decentralised apps. Launched 24 November 2025, its native cryptocurrency is also called MONAD (pronounced "Moh-nad"). The MONAD token is used to pay network fees, enables trading and staking, and supports network governance.Key facts about MONAD:
Founded: 2024 by Keone Hon (ex-Jump Trading) and core teamLaunched: Mainnet 24 November 2025Consensus: MonadBFT with sub-1s finalityThroughput: 10,000+ TPS (optimised for 1M potential)EVM compatible: 100% bytecode-level Ethereum compatibilityAll-time high: <> on <>What is MONAD used for?
Network transaction fees (sub-cent execution)Staking benefitsNetwork governance votingWho holds MONAD?
Typical MONAD holders include DeFi developers, high-frequency traders, institutional investors, and early Web3 infrastructure adopters.Recent MONAD developments:
Monad mainnet launched 24 November 2025 with full EVM compatibility and 10k+ TPS. MetaMask launched native Monad Network support, allowing users to buy, sell, swap, bridge, and trade MONAD plus Monad-compatible tokens directly in the wallet| Today (27 February 2026) | $0.021 | -3.65% |
|---|---|---|
| 24 hours ago (26 February 2026) | $0.0218 | -3.65% |
| 1 week ago (20 February 2026) | $0.0204 | +2.60% |
| 1 month ago (28 January 2026) | $0.0222 | -5.37% |
| 1 year ago (27 February 2025) | $0.021 | - |
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