Skip to content
yieldo.

Your ecosystem guide / Monad

Monad: MON and network applications

Monad is a Layer 1 for swaps, lending, token launches and perpetual trading. It runs Ethereum smart contracts with parallel execution. MON pays for transactions and participates in network staking.

Network type
L1
Verified on 13.10.2026
Fees and staking
MON
Verified on 13.10.2026
Smart contracts
EVM
Verified on 13.10.2026

Monad Mainnet at a glance

Monad Mainnet runs Ethereum-compatible contracts with its own MON balance. The testnet uses a different chain ID.

Live network
Monad Mainnet
Mainnet chain ID
143
Network fee asset
MON
Public RPC
https://rpc.monad.xyz
Test network
Monad Testnet — chain ID 10143
Monad: current network facts ↗ Monad: gas pricing ↗

Your first transfer

An Ethereum wallet. Funds on Monad.

Monad runs Ethereum smart contracts and works with familiar wallets. You can keep the same address, but you need to move funds to Monad: each network maintains its own balances.

01

Connect your wallet

Select Monad in MetaMask or another Ethereum wallet. Copy your address to receive funds; before sending, confirm that the wallet is on the intended network.

02

Withdraw from an exchange

Choose MON and the Monad network in the exchange withdrawal form. Keep some of the MON you receive for network fees.

03

Or use a bridge

USDC can move through Circle CCTP. For other assets, select a route from your network to Monad; the sending transaction is paid for on the source network.

Network connection details

A familiar wallet with a separate balance

Your wallet signs transactions for the network you select. MON and USDC on Monad are available to Monad apps; assets at the same address on Ethereum remain on Ethereum.

Chain ID
143
RPC endpoint
https://rpc.monad.xyz
Gas asset
MON
Primary source ↗

Which USDC contract belongs to Monad Mainnet?

Circle-issued USDC on Monad uses the contract below. A route delivering this USDC credits a token balance on chain 143; MON is the separate native balance that pays for standard transactions.

USDC contract on Monad Mainnet

0x754704Bc059F8C67012fEd69BC8A327a5aafb603 ↗

Receive USDC, then use it

Once a USDC bridge route completes on Monad, the wallet’s balance for this contract increases. Sending those tokens or making a standard app call subsequently spends MON for the network fee.

Exchange withdrawals of MON

Exchanges set their withdrawal fee, minimum amount and network availability. Transactions after the funds arrive incur separate network fees.

Withdrawal fees to Monad
Coin Exchange Network on the exchange Fee Minimum Withdrawals Action
MON OKX MONAD 0.02 0.0001 Open Withdraw
MON Bybit MONAD 2 4 Open Withdraw
MON Bitget MONAD 4.14250208 414.25020712 Open Withdraw
MON Kraken MONAD 10 15 Open Withdraw
MON MEXC MONAD 10 20 Open Withdraw
MON KuCoin MONAD 25 50 Open Withdraw
Exchange data as of 14.10.2026 22:37
Send funds to an exchange or another network

For an exchange deposit, select MON on Monad and send to the address provided. To move to another network, choose a reverse bridge route and an asset it supports.

Tokens and routes between networks ↗

Buying tokens

Trading terminals

Terminal

Maestro

Buys a token from a pasted contract address. Beyond a manual trade it carries limit orders, auto-snipe, copytrade, signals and a bridge.

The fee is 1% on every buy and sell; transfers are not taxed. On Solana it is taken inside the same transaction, on other chains it accrues per Telegram account and is charged once unpaid fees pass the chain minimum. Keys: the documentation cites AES encryption, the Terms of Service say the provider retains the private keys.

  • Monad

Telegram

The Terms name the United States and Canada as a Restricted Location; the page with the rest of that list, maestrobots.com/restrictedlocations, is referenced by the Terms themselves and returns 404 as of 18 September 2026.

Checked 2026-09-18

Terminal

Based

Buys a token from a pasted contract address. It carries copytrading, take-profit and stop-loss, limit orders, DCA and a sniper marked as EVM-only.

The fee is 1% per transaction. Keys: the bot provides the wallet, the documentation says the private key is not stored in clear and describes no export button. Based publishes no Terms, so no jurisdiction limits are named anywhere.

  • Monad

Telegram

Checked 2026-09-18

Terminal

Cove

Trades off a single USDC balance on Solana and buys from a pasted contract address; buy and sell confirmations are off by default.

The fee is tiered: 1% on most chains, up to 2% on an Ethereum or HyperEVM buy, and Solana sells step from 10% down to 1%. Gas is sponsored up to $5 per trade and the bot asks for the surplus above that. Keys: the Privy-backed wallet is yours and the private key can be exported.

  • Monad

Telegram

The Terms, last updated on 11 September 2026, prohibit use from the United States, China and other listed jurisdictions, and prohibit using a VPN to get around that. But it works. At your own risk, folks.

Checked 2026-09-18

Terminal

Definitive

A terminal for market, limit and TWAP orders. Prime uses a separate Trading Vault, with gas costs deducted during execution.

  • Monad

Web

User controls keys

Definitive’s terms prohibit use by sanctioned persons and residents of territories subject to country-wide or territory-wide sanctions.

Checked 2026-10-08

Terminal

GMGN

Web trading with charts, wallet labels, contract checks, limit orders, take-profit, stop-loss and copy trading. Connect an external wallet or sign in through Telegram to use a GMGN wallet.

The service charges 1% per buy or sell, including copy trades. Gas, priority fees, validator tips and venue fees are separate. With an external browser wallet, private keys remain with the user.

  • Monad

Web

SOL withdrawals from a GMGN Telegram-linked wallet require 2FA setup and an address whitelist. A new or changed whitelist triggers a 3-hour withdrawal hold; rebinding Google Authenticator triggers a 24-hour hold.

Checked 2026-09-22

Wallet · Terminal

OKX Wallet / DEX

A Web3 product combining self-custody with a dedicated DEX trading module. The wallet is available in apps and an extension; the DEX combines token discovery, analysis and swap execution.

  • Monad

Web

Access is prohibited in Cuba, Iran, North Korea, Crimea, Sevastopol, Donetsk and Luhansk. Referral codes support seed phrase wallets and private key wallets; the latter are supported only on Solana and EVM networks.

Checked 2026-10-01

All terminals with the details →

What brings people here

Swaps, loans and MON staking.

Monad apps let you swap tokens, supply assets to lending markets, borrow against collateral, launch a token and trade perpetual futures. MON staking lets you participate in the network itself.

Filter applications by task

Swaps and liquidity

Kuru

Combines swap routing with spot trading through an order book of bids and offers. Its own markets combine that order book with liquidity pools.

Lending

Curvance

Supply assets to a lending market or borrow against collateral. Supported yield-bearing tokens keep their underlying yield while used as collateral. If the collateral no longer covers the debt sufficiently, the position is liquidated.

Staking

Kintsu

Delegates deposited MON to validators and issues sMON, a share of pooled staking. Rewards increase the MON backing that share; sMON can be used in other apps.

Staking

shMonad

Issues shMON for deposited MON. It receives revenue from FastLane services alongside network rewards. Withdrawals use a queue or a separate instant MON pool with a variable fee.

Token launches

Nad.fun

Creates tokens that start trading immediately, with prices changing as tokens are bought and sold. Once the graduation condition is met, the collected MON and remaining tokens move to an internal pool for further swaps.

Perpetual futures

Perpl

A perpetual futures exchange with an order book. Orders are matched and trades settled in Monad contracts. Trading collateral is AUSD; account creation and network transactions require MON.

Why does a WMON balance not fund ordinary gas?

WMON is Wrapped MON, a token with its own contract balance. Standard Monad network transactions charge native MON. A wallet can therefore show WMON while its native MON balance is empty.

WMON contract on Monad Mainnet

0x3bd359C1119dA7Da1D913D1C4D2B7c461115433A ↗
AssetBalance used for
Native MON Network transaction fees and native-coin transfers.
WMON Token transfers and application pools using Wrapped MON.
USDC Transfers and applications accepting the selected USDC contract.

MON, USDC and AUSD serve different purposes.

MON pays for network activity and participates in staking. Stablecoins are used for swaps, loans and trading collateral; the asset you need depends on the app.

MON

Transactions and staking

Pays for transfers and contract calls. You can delegate MON to a validator and receive rewards for its participation in block validation.

USDC

Transfers and settlement

Circle issues USDC on Monad. CCTP moves it between supported networks by burning USDC on the source chain and minting it on the destination chain.

AUSD

Trading collateral on Perpl

Agora issues AUSD. Perpl uses this stablecoin as collateral for opening perpetual futures positions.

To trade on Perpl, prepare AUSD on Monad and MON for network transactions. If you bridged USDC, swap it for AUSD first.

Perpl trading conditions ↗

MON helps confirm blocks.

Choose a validator and delegate MON to it. The validator participates in the network, and you receive your share of rewards without running a node.

MON

Delegate your coins

Your chosen validator counts your MON towards its stake. Delegation becomes active in the next eligible epoch, a period for which the network fixes participants and their stake weights.

Blocks

Participate in confirmation

Validators agree on blocks and transaction order. Their voting weight depends on delegated MON.

Rewards

Receive newly issued MON

The network issues MON for a produced block. The validator keeps its commission and distributes the remainder in proportion to delegators’ stakes. Rewards can be claimed or delegated again.

When MON becomes withdrawable

First, submit an undelegation request. It takes effect in a following epoch; after one additional epoch of waiting, complete the withdrawal with a separate transaction.

If your request is included in a block during epoch N before the next staking set is fixed, delegation ends in N+1 and MON becomes withdrawable in N+2.

If your request is included in the boundary block or later in epoch N, delegation ends in N+2 and MON becomes withdrawable in N+3.

N is the epoch in which your request was included in a block.

Delegation and withdrawal rules ↗

Keep a staking share available for DeFi

Liquid staking services issue a token representing your share: sMON from Kintsu and shMON from shMonad. Rewards increase the MON backing each share while your token balance stays the same. These tokens can be used in apps or traded. Redeeming MON follows the service’s queue and rules. shMonad also offers instant withdrawals for a fee, paid from a separate pool while it has enough liquidity.

How Monad works

Calculate together. Apply in order.

Monad nodes can calculate several transactions at once. Before applying a result, they check whether an earlier transaction has changed the data it read.

Independent transfers

  1. 01

    Two separate calculations

    Alice sends to Bob, and Carol sends to Dan. The transfers change separate accounts in this example, so nodes calculate them at the same time.

  2. 02

    Check the starting balances

    The first transfer does not change data read by the second. Both calculated results can be used.

  3. 03

    Update in block order

    The network applies results in the agreed order. Balances match the outcome of processing the transfers one after another.

Independent transactions use separate changing records. Nodes can calculate them in parallel while preserving the block’s order.

Swaps through one pool

  1. 01

    Two calculations using pool reserves

    Two users swap tokens through the same pool. Nodes try to calculate both transactions at once using the available reserves.

  2. 02

    Recalculate changed inputs

    If the second calculation read reserves that the first swap changed, the node detects the conflict and recalculates the second transaction using the updated data.

  3. 03

    Account for the first swap

    The second result is applied after the first. Pool reserves and balances reflect that same order of swaps.

A shared pool links transactions through its reserves. Recalculation is needed when data read earlier has changed.

The node recalculates within the processing of the same transaction. The user does not need to submit it again.

Parallel execution on Monad ↗

Transaction economics

MON burning, priority fees and rewards.

The network fee has a base component and a priority component. Staking rewards come from a separate issuance of new MON. An app may charge its own fee for a swap or another service.

Monad

Where does the money go?

A transfer or contract call

User

Pays the network transaction fee in MON

Base fee

MON burned

These coins are removed from supply

Priority fee

Block validator

Receives the fee and may share it with delegators

Monad protocol

Issues coins under the network’s rules

New MON for a produced block

Validator and delegators

Validator commission is deducted from the reward; the remainder is split by stake

What your wallet’s gas limit means

Gas measures computational work. Monad charges the full gas limit specified in a transaction, even if execution uses less. The total also depends on the price per unit of gas; the maximum gas price caps that price. If an app error causes your wallet to propose an unexpectedly large fee, cancel confirmation and resolve the error first.

How Monad calculates fees ↗

Block confirmation and transaction outcome.

Validators agree on transaction order, while nodes compute the results. The explorer lets you check both inclusion in a block and successful execution.

01

A block is proposed

A validator assembles an ordered list of transactions. Other participants check the proposal.

02

The order is confirmed

MonadBFT finalizes the accepted block. Transactions follow the agreed order, even when their calculations run in parallel.

03

The result is computed

Nodes obtain the updated balances and contract records. A transaction’s execution result shows whether it succeeded or failed.

Questions before your first transfer

1Why can’t I see my Ethereum balance on Monad?

The same address can be used on both networks, but each maintains its own balances. To use funds on Monad, bridge them or withdraw from an exchange using the Monad network.

2Do I need MON after bridging USDC?

Yes. USDC is used for transfers and apps, while Monad network transactions are paid for in MON. An app that sponsors gas for the user provides that as a separate feature.

3Can I start trading on Perpl with USDC?

Perpl uses AUSD as trading collateral. Swap USDC on Monad for AUSD first; MON is used for account creation and network transactions.

4Are sMON and shMON the same token?

They are tokens from two different services: Kintsu issues sMON and shMonad issues shMON. Each represents a share of MON in its own protocol and follows that protocol’s redemption rules.

5Is unused gas refunded?

Monad charges the gas limit specified in the transaction. Using less computational work does not return the difference. The price per unit of gas is still capped by the maximum gas price you set when signing.

6Is an exchange’s MON Earn product the same as staking?

Native Monad staking delegates MON to a validator, earns network rewards and follows epoch-based withdrawal rules. An exchange product follows the exchange’s agreement: it holds the funds and sets accrual and redemption terms.

Who develops the network and apps

Category Labs develops the Monad client. Monad Foundation supports ecosystem development, while app creators document the rules of their own products.

Facts checked 13 October 2026