Monad
MON#105Monad is a fast, Ethereum-compatible Layer 1 blockchain launched in November 2025; MON pays gas and is staked to secure it.
- Market cap
- $379.67M
- Volume 24h
- $70.81M
- All-time high
- —
- Circulating supply
- 11.83B of 114.17B
Passes all 8 Shariah criteria.
- 8 pass
- 0 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
About Monad
Monad is a fast, Ethereum-compatible Layer 1 blockchain launched in November 2025; MON pays gas and is staked to secure it.
Monad is a Layer 1 blockchain that runs Ethereum smart contracts. Apps and wallets built for Ethereum work on it without changes. It processes transactions in parallel and separates agreeing on block order from executing transactions, which lets it produce a block about every 300 milliseconds.
MON is the native token. It pays transaction fees and is staked to validators under the MonadBFT proof-of-stake consensus, which has an active set of 200 validators. Each block pays 18 MON plus priority fees; delegators share the inflationary reward after the validator's commission. Automated slashing is not yet active.
Mainnet launched on 24 November 2025 with 100 billion MON. Before launch, 7.5% was sold on Coinbase's token sale platform at $0.025 and 3.3% was airdropped. The allocations of the team (27%), investors (19.7%) and the Category Labs treasury (4%) are locked, with a one-year cliff and monthly unlocks over four years. New MON is minted at about 2% a year and part of each fee is burned.
By 30 September 2026 Monad reported over $1 billion in DeFi value locked and 4.3 million active wallets, and it said the network had run with no outages since launch.
Sources · 7
- Monad docs: MonadBFT
- Monad docs: Staking
- Monad (MON) MiCA white paper
- Monad blog: Behind Monad's 100% Uptime
- Monad blog: Monad Ecosystem Highlights: September 2026
- The Block: Monad unveils tokenomics, says over 50% of MON tokens will be locked at launch
- CoinDesk: Monad blockchain goes live with 100B MON token supply, airdrop
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Launched
- Nov 24, 2025
- Whitepaper
- monad.xyz/mica-white-paper.pdf
- Creator
- Category Labs (formerly Monad Labs)
- Issuer
- None
- Consensus
- Proof of Stake
- Block time
- ~0.3 seconds
- New supply
- 2.00% a year
What it is used for
- Paying gas for transactions and smart contracts
- Staking with validators to secure the network
- Running Ethereum-compatible DeFi and payment apps
- Holding and moving stablecoins on a fast network
Market data
- Market cap
- $379.67MRank #105
- Fully diluted value
- $3.67BAt 114.17B MON
- Volume 24h
- $70.81M18.65% of market cap
- Total supply
- 100.68B MONIssued so far
- All-time high
- —
- All-time low
- —
- Circulating supply
- 11.83B MON10.4% of max supply
- Max supply
- 114.17B MONFixed by protocol
Where it trades
Section in preparation
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