How much is 1 MON?
One MON is worth $0.0206 — the MON-to-USD rate as of 2026-08-01 19:21 UTC, −1.47% over the past 24 hours. The figure on this page refreshes hourly from CoinMarketCap data.
BAKED FROM THE HOURLY RATE AS OF 2026-08-01 19:21 UTC · NOT A LIVE CALCULATOR
MON vs. other Layer 1 coins
| Asset | 24H | 7D | 30D | 90D |
|---|---|---|---|---|
| Monad MON THIS PAGE | −1.47% | −1.34% | +1.35% | −29.30% |
| Bitcoin BTC | −0.75% | −2.84% | +1.68% | −20.55% |
| Ethereum ETH | −1.56% | −1.85% | +8.36% | −21.05% |
| BNB BNB | −1.89% | +1.55% | +3.22% | −6.82% |
AS OF 2026-08-01 19:21 UTC · DATA: COINMARKETCAP · DEEPER TINT = LARGER MOVE · 90D IS OUR LONGEST SNAPSHOT WINDOW
MON price context
Monad's all-time high is $0.0488, reached on November 26, 2025. At today's price of $0.0206, MON trades 57.8% below that peak. Its lowest recorded price was $0.0162 on February 6, 2026.
Over the past 30 days MON has moved +1.35% and over the past 90 days −29.30%.
Circulating supply is 11,825,165,000 MON , against a maximum supply of 114,166,666,695 MON. Initial supply of 100 billion MON with only ~12% circulating and no hard cap — staking-reward issuance is planned once validator rewards switch on. Investor and Category Labs treasury allocations sit behind a one-year cliff that falls on November 24, 2026, then vest monthly into late 2029.
Monad all-time high
The gap to the record
Getting back to $0.0488 from here would take a 2.4× move — that multiple, not the percentage, is the honest way to read a drawdown. The figure above updates every hour as our price snapshot refreshes; the record itself is an editorial fact recorded from CoinMarketCap - Monad.
All-time low
Monad's recorded all-time low is $0.0162, on February 6, 2026 (CoinMarketCap - Monad). From that low to today's price is the other end of the same story — aggregators differ on launch-era data, so we name the source we cite.
Monad price history
This is Monad's (MON) price over since Nov 2025, from our licensed CoinMarketCap daily data. Its all-time high is $0.0488 (Nov 26, 2025) and its recorded low $0.0162 (Feb 6, 2026); today it trades at $0.0206.
Monad price by year
Each row is computed from our licensed CoinMarketCap daily data; high and low are the highest and lowest daily closes in our series, not intraday extremes. Years before our data window aren't shown — we list them only when we can cite a source, never estimated.
| Year | Open | High | Low | Close | Source |
|---|---|---|---|---|---|
| 2025 | $0.0303 | $0.0464 | $0.0174 | $0.0231 | Our CMC data |
| 2026YTD | $0.0230 | $0.0369 | $0.0171 | $0.0206 | Our CMC data |
What moves Monad's price
- Real usage versus claimed capacity: Monad advertises up to 10,000 TPS with sub-second finality, but April 2026 coverage documented the network running below 1% of that capacity with annualized fee revenue in the low six figures — critics called it a high-performance ghost chain. Closing that gap, or not, is the fundamental story.
- The November 24, 2026 cliff: investor (19.7%) and Category Labs treasury (~4%) tokens are locked for a year from mainnet, then unlock 1/48 monthly — a precisely dateable supply event against a ~$300M market cap, with vesting running to the end of 2029.
- Blue-chip deployments: Aave V3 and the GHO stablecoin went live on Monad in July 2026 and drew $100 million in deposits within two days — against network TVL of roughly $360 million — helped by $15 million in first-year incentives from the Monad Foundation. MetaMask's yield-earning Money Account, launched the same month, is also built on Monad.
- Foundation spending: 38.5% of supply is unlocked and stewarded by the Monad Foundation for ecosystem development, so incentive programs are both the growth engine and a standing source of supply.
- Layer-1 rotation: MON trades as parallel-EVM beta against Solana and other high-throughput chains; sector narratives move it as much as its own news.
- Its short chart, stated plainly: MON sold to the public at $0.025 in November 2025, doubled to its $0.049 all-time high two days after launch, fell 35% below the sale price to $0.016 by February 2026, and in July 2026 trades almost exactly back at the sale price — with under eight months of history.
“Monad advertises up to 10,000 TPS with sub-second finality, but April 2026 coverage documented the network running below 1% of that capacity with annualized fee revenue in the low six figures — critics called it a high-performance ghost chain.”
About Monad
Monad was founded in 2022 by Keone Hon, James Hunsaker, and Eunice Giarta — Hon and Hunsaker are Jump Trading alumni — to rebuild the EVM for speed: optimistic parallel execution, deferred execution, MonadBFT consensus, and a custom MonadDB state database, while staying bytecode-compatible with Ethereum contracts. Paradigm led a $225 million round in April 2024, then the largest crypto raise of the year; the development company was renamed Category Labs in October 2025.
The MON token launched with public mainnet on November 24, 2025, days after a landmark distribution: the first sale on Coinbase's new token-sale platform — the first public token sale accessible to US retail on a major exchange since the SEC's 2018 ICO crackdown — raised $269 million from over 85,000 participants at $0.025 per token. The token is under a year old, so its price history is short and its largest unlocks are still ahead.
MON tokenomics
Initial supply of 100 billion MON: 38.5% ecosystem development (unlocked, foundation-stewarded), 27% team, 19.7% investors, 7.5% public sale, ~4% Category Labs treasury, 3.3% airdrop. About half of supply was locked at launch; investor and treasury tokens carry a four-year lockup with a one-year cliff (first unlock November 24, 2026) and 1/48 monthly vesting after. MON pays gas and will secure the chain via staking; validator rewards were 0% at launch, and supply is not hard-capped once staking issuance begins.
How to buy Monad
MON trades on Coinbase (its public-sale venue), Kraken, Bybit, KuCoin, Bitget, Gate, Crypto.com, and Korea's Upbit and Bithumb. It is notably absent from Binance spot, which lists only a MON perpetual.
Monad FAQ
What makes Monad different from Ethereum?
Monad runs the same EVM smart contracts but executes transactions optimistically in parallel instead of one at a time, on top of MonadBFT consensus and a custom state database. The project claims up to 10,000 TPS with sub-second finality; actual observed usage has run far below that capacity.
What was the Coinbase token sale?
Monad was the first sale on Coinbase's token-sale platform in November 2025 — the first public token sale open to US retail on a major exchange since the SEC's 2018 ICO crackdown. It sold MON at $0.025 and raised $269 million from more than 85,000 participants, beating its $187 million target.
How has MON performed since launch?
It doubled from the $0.025 sale price to an all-time high of about $0.049 two days after the November 2025 launch, then slid to $0.016 by February 2026 — 35% below the sale price — and by mid-2026 traded back around $0.025.
When do Monad's locked tokens unlock?
Investor and Category Labs treasury allocations have a one-year cliff from the November 24, 2025 mainnet launch, so the first unlock hits November 24, 2026, followed by equal monthly tranches through late 2029. Roughly half of the initial supply was locked at launch.
Does anyone actually use Monad?
That is the live debate. Critics documented utilization below 1% of claimed capacity and minimal fee revenue in early 2026, while July 2026 brought real deployments: Aave V3 and GHO (over $100 million deposited in two days, aided by foundation incentives) and MetaMask's Monad-based Money Account.
What is Monad's all-time high?
Monad's all-time high is $0.0488, reached on November 26, 2025 (source: CoinMarketCap - Monad).
How far is MON from its all-time high?
As of 2026-08-01 19:21 UTC, MON trades at $0.0206 — 57.8% below its all-time high. Reaching the ATH again would require a 2.4× move. This figure refreshes hourly with our CoinMarketCap data.
What was Monad's lowest price ever?
Monad's recorded all-time low is $0.0162, on February 6, 2026 (source: CoinMarketCap - Monad). Aggregators can differ on launch-era data; we cite the source shown.
Will MON reach a new all-time high?
We don't publish predictions. What can be said factually: MON trades 57.8% below its all-time high, and this page tracks that gap with hourly-refreshed data.
Related
Price data: CoinMarketCap, refreshed hourly. Last updated: August 1, 2026, 19:21 UTC. Historical figures (all-time high/low) are recorded at page creation and reviewed periodically.
This page is factual information, not financial advice.