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Current Monad Price: $0.02 | June 1, 2026 | Market cap: $274,867,171.
What is MONAD?
Monad is an EVM-compatible Layer 1 blockchain network built for scalability and speed in decentralized apps. Launched November 24, 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 team
Launched: Mainnet November 24, 2025
Consensus: MonadBFT with sub-1s finality
Throughput: 10,000+ TPS (optimized for 1M potential)
EVM compatible: 100% bytecode-level Ethereum compatibility
All-time high: <<ATH>> on <<date>>
What is MONAD used for?
Network transaction fees (sub-cent execution)
Staking benefits
Network governance voting
Who holds MONAD?
Typical MONAD holders include DeFi developers, high-frequency traders, institutional investors, and early Web3 infrastructure adopters.
Recent MONAD developments:
Monad mainnet launched November 24, 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 (June 1, 2026) | $0.0231 | +0.57% |
|---|---|---|
| 24 hours ago (May 31, 2026) | $0.023 | +0.57% |
| 1 week ago (May 25, 2026) | $0.0264 | -12.43% |
| 1 month ago (May 2, 2026) | $0.031 | -25.36% |
| 1 year ago (June 1, 2025) | $0.0231 | - |
Start swapping
Buy, sell, trade, and swap MON on MetaMask, crypto's most trusted wallet.
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