Monad (MON) is the native token of the Monad blockchain, an EVM-compatible layer-1 network focused on parallel execution and a custom Proof-of-Stake consensus protocol called MonadBFT. MON is used to pay gas fees, secure the network through validator and delegator staking, participate in governance and fund ecosystem growth. At public mainnet launch in November 2025, MON has an initial supply of 100 billion tokens, with roughly half unlocked for circulation and ecosystem development and the rest locked for team, investors and the Category Labs treasury under multi-year schedules. Token supply changes over time through fixed per-block staking rewards and burning of base transaction fees. Monad and MON are developed by Category Labs and the Monad Foundation, led by co-founders Keone Hon, James Hunsaker and Eunice Giarta.
Monad (MON) is the native token of the Monad blockchain, an Ethereum Virtual Machine (EVM) compatible layer-1 network that uses a custom Proof-of-Stake (PoS) consensus protocol called MonadBFT. The chain is designed for high throughput, short block times and fast finality while keeping full EVM and Ethereum RPC compatibility so existing Solidity applications can be deployed with minimal changes.
MON is the gas, staking and governance asset of the network. At public mainnet launch, the initial MON supply is set at 100 billion tokens, with a mix of unlocked tokens for circulation and ecosystem funding and locked allocations for the team, investors and the Category Labs treasury.
Monad (MON) is separate from MON Protocol (also ticker MON), which is a gaming and IP-focused ERC-20 project on other chains.
