Hyperliquid, the decentralized perpetuals commerce, announced Wednesday that it has listed MON-USD hyperps, permitting merchants to trip long or short the token in a pre-market section.
MON is the native token of Monad, a Layer 1 blockchain designed to be fully appropriate with the Ethereum Virtual Machine (EVM) — a feature that makes it less complicated for developers emigrate their applications from Ethereum.
Both Hyperliquid’s announcement and Monad’s newest posts counsel that an airdrop would be drawing shut, with the project’s reliable teasing their “airdrop claim loading” feature reaching 98% on Oct. 8, according to Monad’s newest update on X.
In line with shopping and selling within the MON-USD hyperp, priced shut to $0.13, Monad’s fully diluted valuation (FDV) stands at roughly $13 billion, with 100 billion MON tokens anticipated to be distributed via the airdrop.
The contemporary MON market has already viewed stable exercise, recording $28 million in shopping and selling quantity over the last 24 hours on the decentralized commerce.
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