What is the current price of Monad (MON)?

The current price of Monad (MON) is 0.072027065977098 AUD, representing a +2.27 from the day prior.

Can I buy Monad (MON) on Coinstash?

Yes - you can easily buy and sell Monad (MON) on Coinstash. Simply login or sign up, to start buying Monad (MON) in minutes.

Where is the best place to buy Monad (MON) in Australia?

The best place to buy Monad (MON) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Monad (MON) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Monad (MON)?

The trading volume of Monad (MON) is 1.8B AUD in the last 24hrs, representing a +2.27 from the day prior.

How can I buy Monad (MON)?

Monad (MON) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Monad (MON)?

The current market cap of Monad (MON) is 781.0M AUD.

Can I convert Monad (MON) to cash?

Yes - With Coinstash you can convert your Monad (MON) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Monad (MON) are there?

The current circulating supply of Monad (MON) is 10.8B.

Is Coinstash a safe place to buy Monad (MON) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Monad (MON) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Monad (MON)

What is Monad (MON)?

Monad (MON) is a high-performance Layer-1 blockchain built to deliver fast, scalable, and low-cost infrastructure for decentralised applications (dApps). Fully compatible with the Ethereum Virtual Machine (EVM), Monad allows developers to deploy or migrate smart contracts without changing their code, while benefiting from dramatically higher throughput and sub-second finality.

The network is designed to process over 10,000 transactions per second with finality in under one second, offering a smooth, low-latency experience across DeFi, NFTs, gaming, and other high-demand applications. Monad combines a modern execution architecture with familiar Ethereum tooling, giving builders the performance of a next-generation chain without sacrificing accessibility.

MON is the native token of the Monad ecosystem, used for gas fees, network security, staking, and long-term protocol incentives.

How does Monad (MON) work?

Monad’s performance comes from a combination of key architectural innovations. At its core is Monad DB, a custom-engineered blockchain database designed for highly efficient state management. This allows the network to execute state transitions faster than traditional EVM chains.

The protocol also introduces parallel transaction execution, enabling multiple transactions to be processed concurrently rather than sequentially. This significantly boosts throughput and reduces congestion during peak activity.

Monad retains full EVM compatibility, supporting Solidity, Hardhat, Foundry, MetaMask, and all major Ethereum development tools. The network is designed so that validators can run on consumer-grade hardware, promoting decentralisation and lowering barriers to participation. While some underlying consensus details are still being finalised ahead of mainnet, the architecture clearly prioritises speed, efficiency, and secure distributed execution.

What is MON?

MON is the native utility token of the Monad blockchain. It is used to:

Pay gas fees for executing transactions and smart contracts
Secure the network through validator staking
Incentivise validators, developers, and ecosystem participants
Support governance and long-term protocol sustainability

As the ecosystem expands, MON will play an increasingly important role in staking, governance, and on-chain economic activity across the network.

What are the potential use cases for Monad (MON)?

Monad’s high-throughput, low-fee architecture supports a wide range of Web3 applications. DeFi platforms can benefit from faster trading, lower transaction costs, and improved capital efficiency for lending, borrowing, and automated market-making. NFT projects gain instant minting and transfers, creating a smoother user experience.

Gaming and metaverse builders can leverage sub-second finality for real-time interactions, on-chain game mechanics, and digital asset management. DAOs can implement scalable and responsive governance thanks to Monad’s low-latency execution.

Because Monad is fully EVM-compatible, it’s also ideal for developers who want to build high-performance dApps without leaving the Ethereum tooling ecosystem or learning a new developer stack.