source avatarLisa Florentina

Share

🟣Monad 8 months after mainnet: open access to financial markets is no longer a vision: it’s live. Here’s the recap of the official @Monad economy update (end of July 2026). [1] Capital is flowing in and staying productive Total value locked (including borrows) has surpassed $1.4B while pure DeFi TVL sits above $770M. • Stablecoin market cap > $550M • Tokenized RWA market cap > $430M • ~3.5 million transactions per day across 150+ applications • Top 15 DEX volume among all chains Every dollar that arrives onchain can be spent, lent, borrowed against, or traded without leaving the network. [2] Payments and ramps are broad and real More than 30 fiat onramps (@Coinbase, @moonpay, Transak, PIX, UPI…) plus @Mastercard and @Visa stablecoin support. • @rain cards let users spend stablecoins anywhere Visa is accepted • @MetaMask Money Account lets users spend directly from a yield-bearing DeFi position Capital no longer sits idle after arriving. [3] DeFi has attracted serious protocols and capital • @Aave V3: $250M (largest pool on Monad) • @eulerfinance: >$175M (larger than its Ethereum deployment) • @pendle_fi: >$130M • @MorphoLabs: $115M • @Curvance: >$90M Risk curators K3 Capital (>$185M) and Hyperithm (>$150M) are already allocating at scale. [4] Trading is deepening fast Spot volume has reached ~$15B lifetime. Monthly DEX volume consistently exceeds $1B. Perps are the fastest-growing segment: • @perpltrade hit >$800M volume in the last month • Chain-wide perps volume cleared $350M in each of the past two weeks @hellotradeapp and @obsdntrade are expanding markets further. @Uniswap and @KuruExchange lead spot activity. [5] RWAs are already productive $430M+ in tokenized real-world assets - third highest active RWA DeFi TVL of any chain. Assets from Centrifuge, FalconX, Maple, Valos and others are being used as collateral, trading inventory, and yield-bearing balance sheet from day one. Eight months in, @Monad is showing what happens when high performance meets open access. Capital arrives, stays productive across payments, lending, trading and RWAs, and the flywheel keeps spinning. The foundation is in place. The next phase is simply more of everything.

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.