CoinIvy

Market weather: green · Bitcoin above its 20-week average (31 Oct 2026)

MonadMON

The coin of Monad, a fast blockchain that runs Ethereum apps by processing transactions in parallel.

Rank #158Since November 2025
Price on 31 Oct 2026
C$0.0269 -7.4% since 31 Jul 2026 · 60.9% below its all-time high

The short version

MON pays fees and secures staking on Monad, a high-speed blockchain compatible with Ethereum apps that launched on 24 Nov 2025. Category Labs of New York builds it; its founders Keone Hon, James Hunsaker and Eunice Giarta came from Jump Trading, and Paradigm and Dragonfly led its funding. The first one-year unlock for the team and investors, about 16.6B MON under the published terms, falls on 24 Nov 2026. On 31 Oct 2026 one MON cost C$0.0269. From 31 Jul 2026 to 31 Oct 2026 its price changed -7.4% in Canadian dollars, and it was 60.9% below its all-time high of C$0.0688 set on 26 Nov 2025.[1]

Checked 31 Oct 2026 · 9 sources · next update about 1 Dec 2026

Price, past year

Since 24 Nov 2025: high C$0.0660 (27 Nov 2025) · low C$0.0233 (19 Dec 2025) · -26.3%[1]

Month-end prices (table)
DateC$US$
31 Oct 2026C$0.0270US$0.0193
30 Sep 2026C$0.0382US$0.0269
31 Aug 2026C$0.0368US$0.0266
31 Jul 2026C$0.0305US$0.0217
30 Jun 2026C$0.0268US$0.0189
31 May 2026C$0.0321US$0.0232
30 Apr 2026C$0.0367US$0.0270
31 Mar 2026C$0.0309US$0.0222
28 Feb 2026C$0.0283US$0.0207
31 Jan 2026C$0.0273US$0.0202
31 Dec 2025C$0.0310US$0.0226
30 Nov 2025C$0.0460US$0.0328

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026
C$0.0269[1]
3-month change
-7.4% in C$ (31 Jul 2026 to 31 Oct 2026)[1]
From its high
60.9% below its high of C$0.0688 (26 Nov 2025)[1]
Market rank
#158, market value about C$317.9M[1]
Kind
Native coin · Monad (its own network)
Started
November 2025

Checks: the same 9 questions for every coin

Facts, not a rating
Can an admin key create new coins?NoNew MON come only from the protocol block reward of 25 MON[2]
Can anyone freeze or take coins from holders?NoNo freeze or blacklist function found for MON[2]
Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades
Is the supply capped?NoNo maximum supply; about 2B new MON a year[2]
Any scheduled unlocks in the next 12 months?YesAbout 27.6B MON, more than double the tradeable float[3]
Does a team or foundation hold over 10% of supply?YesTeam, investors and Category Labs 50.65%; Foundation ecosystem 38.5%[2]
Do network fees reach coin holders?YesThe base fee is burned: about US$1.77M in the past year[4]
Main network hacked or halted in the past 2 years?NoNo exploit or halt found; Monad reported 100% uptime on 31 Aug 2026[5]
Is a regulator or court case targeting the coin itself?NoNo live regulator or court case found[6]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by
Category Labs (New York, formerly Monad Labs) and the Monad Foundation[2]
Founders
Keone Hon (CEO), James Hunsaker and Eunice Giarta, all formerly at Jump Trading[7]
Funding
US$19M seed led by Dragonfly (2023) and US$225M led by Paradigm (2024)[7]
Allocation
Team 27%, investors 19.7%, Category Labs 3.95%, Foundation ecosystem 38.5%, public sale 7.5%[2]

Supply

In circulation
11.83B MON of 100.68B in total (11.7%)[1]
Maximum supply
None set[1]
Fully diluted value
8.51 times its current market value[1]
Supply
About 101.9B total; tradeable float about 11.8B (about 12%, estimate)[3]
Cliff
24 Nov 2026: about 16.6B MON per official terms (DefiLlama 17.1B; Tokenomist 6.66B)[2, 3, 8]
Next 12 months
About 27.6B MON, more than double the tradeable float[3]
New coins
25 MON a block, about 2B a year[2]

Use and fees

Main use
Gas and staking on a parallel EVM chain for DeFi, stablecoins and tokenized assets[5]
Network fees
US$2.50M in the past year; apps US$52.9M; TVL US$890M[4]
Burn
Base fee burned: about US$1.77M in the past year, 71% of chain fees[2, 4]

Trading

Daily trading
About C$64.0M a day on average, 31 Jul 2026 to 31 Oct 2026[1]
Daily turnover
Typically 12.07% of its market value changes hands each day[1]
20-week average
17.8% below its 20-week average price[1]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later[9]

Typical result
Median -25% after a year; 45% higher after two years
Lost half or more
38% within a year
Against Bitcoin
12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

2 red flags found
  • Red flag: About 27.6B MON is scheduled to unlock in the 12 months from Nov 2026, more than double the tradeable float of about 11.8B.[3]
  • Red flag: Team (27%), investors (19.7%), Category Labs (3.95%) and the Foundation's ecosystem allocation (38.5%) total about 89% of the 100B initial supply.[2]
  • The one-year cliff for the team, investors and Category Labs falls on 24 Nov 2026; trackers disagree on its size.[3, 8]
  • On 18 Aug 2026 the Foundation completed an offer to purchase locked MON from early investors at a discount; most declined.[8]
  • Category Labs announced Monad Private Settlement, a privacy feature, on 6 Oct 2026.[5]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

  1. CoinGecko market data, 31 Oct 2026
  2. Monad (MON tokenomics overview)
  3. DefiLlama emissions dataset, 31 Oct 2026
  4. DefiLlama fees, 31 Oct 2026
  5. Monad announcements, Oct 2026
  6. CoinMarketCap AI updates (Monad), Oct 2026
  7. CoinMarketCap, 31 Oct 2026
  8. Tokenomist research (Monad exit offer), Aug 2026
  9. CoinIvy history data: CoinMarketCap weekly rankings 2013-2026, dead coins included

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.