Highlights from the Monad Ecosystem: August 2026
Monad Foundation
@monad- Published on
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Open, Monad’s inaugural flagship conference, will take place in Singapore on October 6, bringing together founders, institutions, capital deployers and ecosystem teams to push open finance forward. Joe Lubin, CEO of Consensys and Co-Founder of Ethereum, will join Keone Hon to discuss the future of the EVM and how open infrastructure can enable open money. Sign up to attend.
Monad Foundation completed its Early Investor Liquidity Program, offering certain early investors the opportunity to sell locked MON to the Foundation at a discount reflecting the four-year lock-up. The program was capped at $60 million, with nearly all eligible holders declining to participate.
Keone Hon published an op-ed in Traders Magazine, making the case that open, neutral blockchain infrastructure will ultimately prevail over corporate-controlled chains as financial markets move onchain.
Category Labs published a draft MIP for Flexible and Upgradeable Account Authentication, enabling accounts to change authentication methods without changing their address. This paves the way for upgrades to post-quantum authentication and marks the first step in Monad’s post-quantum roadmap.
Over $400M in distributed RWA value. Stablecoin market cap above $767M.
Monad DEX volume hit a record $362 million on August 31, while monthly volume surpassed $3.64 billion, making August the network’s highest-volume month to date.
Perpetuals trading volume surpassed $2.5 billion in August, setting a new monthly record for the network.
Euler crossed $230 million in TVL on Monad, making Monad the protocol’s largest deployment on any chain.
CRSHmarket introduced prediction markets for any livestream, expanding the types of real-time events that can be traded onchain.
Explore more ecosystem highlights on DeFiLlama Monad and lp.new.
Monad Foundation joined the Agentic Payments Alliance led by Rain, a coalition of 26 companies across payments, stablecoins, and technology working to develop shared standards for agent-driven commerce.
Abound, a financial super-app for the global Indian diaspora that has processed more than $500 million in remittance volume, selected Monad as the infrastructure for its next generation of products.
More than 1 million gasless transactions have now been sent on Monad through MetaMask. MetaMask’s Money Account offers users a self-custodial dollar account with yield and the ability to spend through the MetaMask Card.
Meru is now live on Monad, enabling its users in more than 150 countries to top up their accounts more easily using Monad’s stablecoin and financial infrastructure.
Cero is live, bringing its consumer financial platform for spending, rewards, and credit-building to Monad.
MetaMask Agent Wallet added support for Monad, enabling AI agents to transact on the network within user-defined spending limits, permissions, and other controls.
SoFiUSD is now available on Monad via BitGo. SoFiUSD is the first stablecoin issued by a U.S. national bank and is redeemable 1:1 for U.S. dollars, with BitGo providing stablecoin infrastructure and distribution support.
Monad has been added to the Visa Onchain Analytics Dashboard.
Monad is now a top-three blockchain for active RWAs in DeFi, behind only Ethereum and Solana.
HelloTrade announced plans to bring 10,000 assets to Monad, expanding the range of markets available to traders.
Midas and Wellington Management are bringing mWIN, a tokenized institutional credit strategy, to Monad.
MON staking is now available on Kraken, enabling users to help secure the Monad network and earn staking rewards.
Monad was added to Base App, expanding access to the network through the app.
Category Labs launched Mera, a free, open library that allows users to create blockchain accounts with a passkey in two clicks and enables integration with applications on any chain.
BTX encrypted mempools are now running on two nodes, advancing Monad’s work to hide transaction contents before transaction ordering is finalized and reduce opportunities for transaction-level MEV, such as sandwich attacks.
The first DeltaV Demo Day will take place at Open in Singapore on October 6, giving selected startups the opportunity to pitch directly to leading venture investors.
Monad is a high-performance, institutional-grade Layer 1 blockchain enabling open access to fair financial markets on neutral ground. Fully EVM-compatible, Monad delivers 10,000 TPS, 300ms block times, 600ms finality, and near-zero fees, without requiring specialized hardware. The network runs on consumer-grade machines, supporting accessible participation and decentralized network operation: ~200 independently operated validators across 30+ countries and 55+ cities secure the chain today. Get in touch with the Monad Foundation at institutions@monad.foundation.