Overview
- Monad’s CTO said attackers emitted fake ERC‑20 events that looked like real transfers on explorers, stressing this was not a blockchain bug and that no funds moved.
- MON traded around $0.042–$0.048 after listings, up sharply from its roughly $0.025 sale level, with market cap near $500 million and 24‑hour volumes topping $1.2 billion.
- More than 76,000 wallets claimed 3.33 billion MON in the airdrop worth about $105 million, driving early participation and heavy token movements across exchanges.
- Exchange activity was brisk, including roughly $400 million of volume on Upbit, $233 million on Coinbase, and $160 million on Bybit during the first full day of trading.
- Third‑party data showed rapid network growth, with transactions up 355% to 8.9 million, active addresses reaching about 237,000, and TVL reported near $150 million.