News linked to both this project and an event.
Odaily News: Monad has released a video hinting at the launch of a privacy service on October 6. Its token rose over 17% today and is currently trading at $0.032671.
According to data from CryptoRank.io, the total value locked (TVL) in DeFi rebounded by 38% in Q3 2026, climbing to $95 billion, marking the first quarterly positive growth since the 2025 peak. During Q3, TVL rose for three consecutive months, posting month-over-month increases of +7%, +15%, and +11% respectively. Among them, Monad's TVL surged 183% over the quarter, placing it among the top public blockchains; Robinhood Crypto has exceeded $1 billion in TVL since its launch in July.
data shows in Q3 2026, DeFi total value locked rebounded 38% to $95 billion after three consecutive quarters of decline, recording its first quarterly growth since the 2025 peak.Among them, Monad's total value locked grew 183%, entering the ranks of blockchain networks with the highest total value locked; Robinhood Crypto, which launched only two months ago, has seen its total value locked surpass $1 billion.
Odaily reports: AI model developer Typesafe AI has announced the opening of its System One model Jev, removing the waitlist and giving each new user $5 in credits. The project has been developed in stealth for two years and has raised $40 million in cumulative funding.Jev does not support chat; it only accepts facts and closed-ended questions, returning probabilistic results within 70 to 500 milliseconds. Input pricing is $0.042 per million tokens, and output is free. It can answer questions such as buy or sell, yes or no.In a Bitcoin price prediction test, Jev estimated a 55% probability that Binance's one-minute K-line would reach $85,000 before 2027, with probabilities of 48% and 34% for reaching $90,000 and $100,000, respectively; the corresponding Polymarket market probability for $85,000 was 81%.On September 16, Monad Chief AI Engineer Jarrod Watts connected Jev to price data and built a trading bot that submits limit orders to the Kuru on-chain order book approximately every 300 milliseconds. The bot can decide whether to buy or sell based on Jev's judgments and has been open-sourced on GitHub as jarrodwatts/jev-trader. (Bitcoin.com News)
Odaily Report: Monad co-founder Keone Hon posted on X stating that 0x published an interesting yet critical article this morning exploring an emerging phenomenon that first appeared in PropAMM (proprietary AMM) and has now spread to Uniswap v4 Hooks.In short, malicious market makers switch back and forth between "extremely narrow quotes" and "extremely wide quotes." They use extremely narrow quotes to attract aggregators into selecting that trading venue; however, once a user's trade is actually routed there, the quote immediately switches to an extremely wide spread. Slippage settings (i.e., limit protection) can protect some users—causing the trade to simply fail—but many users set slippage tolerance too high, and those users suffer extremely brutal "exploitation"—the article points out that certain Hooks maliciously switch back and forth between 0% and 18% fees.A few months ago, Solana also published a very insightful article analyzing a similar phenomenon occurring on Solana aggregators, though the fee cap was around 1% rather than 18%. A few days later, they quietly took the article down.The vision of an open system is to eliminate intermediaries and hidden fees. "Aggregator Spoofing" constitutes a massive hidden tax burden, and this problem can only be truly solved through fully-on-chain order routing. In turn, on-chain routing requires abundant computational power and flexible account access mechanisms—requiring both an extremely high-performance and efficient EVM and a well-designed on-chain routing protocol.Earlier this morning, 0x posted stating that the number of malicious Uniswap v4 Hooks has increased significantly recently. Some Hooks offer attractive prices during the inquiry phase but change the execution price at actual settlement, thereby stealing funds from users through aggregators, wallets, and trading applications.
Odaily News: Fomo, a social crypto trading app built for Robinhood Chain and other networks, entered the top five finance apps in the U.S. on August 21, briefly climbing to No. 3 and surpassing Cash App and prediction market Kalshi. It currently ranks in the top 15.Founded by Paul Erlanger and Se Yong Park, Fomo launched its public beta in May 2025. In November 2025, it completed a $17 million Series A round led by Benchmark, with participation from 140 angel investors; this was followed by a $75 million Series B round, bringing total disclosed equity funding to approximately $94 million.Fomo supports Solana, Base, BNB Chain, Monad, and Robinhood Chain, allowing users to view real-time trades of people they follow, track leaderboards, and copy trading signals, with instant deposits funded via Apple Pay. Its cumulative installs on Google Play have surpassed 1 million, with over 600,000 users and more than $4 billion in trading volume. (Bitcoin.com News)
According to official news, Monad announced that the inaugural Open Summit will be held in Singapore on October 6. The summit will take place on the eve of the Singapore Token2049 conference. The Monad Foundation will bring together founders, developers, venture capitalists, and institutions in Singapore to share with the public the on-chain economic development marking the first anniversary of Monad's mainnet launch. Monad is a dynamic economic ecosystem composed of approximately 200 validator nodes spread across more than 30 countries/regions, supporting over 150 applications covering payments, real-world assets, trading, and many other fields. As the theme of this summit, Open represents the multiple core principles of Monad's open finance: Open Access: Permissionless, no gatekeepers Open Market: Fair, anti-MEV infrastructure designed to create a level playing field Open Source: Free developer tools available for anyone to use Open to Everyone: Accessible to all According to details, Open Summit tickets also include admission to the Open official celebration party Burning Mon. Users can currently access the event page to reserve and purchase.
K3 Capital announces a partnership with Galaxy and Accountable to launch an Institutional Yield Vault, bringing institutional OTC lending relationships on-chain. The product is deployed on the Monad network, uses AUSD as the settlement asset, and adopts a single-borrower model with Nasdaq-listed company Galaxy as the sole borrower. The initial size is 30 million AUSD, with a target total credit line of 100 million AUSD and a fixed annual interest rate of 7.5%.
Monad officially stated that the Phantom wallet will discontinue support for the Monad network on August 12. Users must migrate on-chain assets to other EVM wallets compatible with Monad before this date to avoid affecting subsequent use.
TownSquare, an institutional yield and cross-chain lending brokerage service infrastructure, announced the official launch of its ICO public sale. This public sale is technically supported by the Echo Sonar platform from the Coinbase ecosystem. The valuation is divided into two tiers: a $150 million valuation based on a 6-month lock-up, and a $200 million valuation with no lock-up and full release at TGE, with a fundraising cap of $1 million. Currently, 30 minutes into the public sale, over $200,000 has been raised. According to data, most users chose the second tier with the $200 million valuation. This public sale is the first project based on the Monad ecosystem on Sonar, supporting USDC and USDT0 tokens on Monad. Previously, TownSquare completed a total of 3 rounds of financing totaling $16.25 million, with participation from World Liberty Financial, Auros Ventures, Amber Group, Animoca Ventures, OKX Ventures, as well as angel investors and institutions from ecosystems such as Monad, a16z, etc. It is projected that the previous valuation is comparable to this ICO valuation. TownSquare Sonar Public Sale Registration: townsq.xyz/sale
Ethena announced on the X platform its official launch on the Monad blockchain. USDe and sUSDe are now available across the entire Monad ecosystem, including integration with Monad's Aave instance, enabling Ethena users to borrow stablecoin liquidity at scale. Additionally, parallelized EVM USDe is now live.
Interactive Brokers announced on Tuesday an expansion of its digital asset business, adding trading tokens such as Aave, Aptos, Canton, Lido DAO, Monad, NEAR Protocol, Plasma, Pax Gold, and Uniswap, and supporting 24/7 stablecoin wallet transfers via USDC, PYUSD, and RLUSD. As of mid-2026, Interactive Brokers manages approximately $930.3 billion in client assets. Crypto trading commissions start at 0.12% to 0.18% of the total transaction amount, with a minimum of $1.75 per order, and no additional spreads, markups, or custody fees are charged. The company stated that two-way stablecoin deposits are not available for UK and Irish accounts, and clients of the Irish affiliate company will not have access to the newly listed crypto assets. (Bitcoin.com News).
Aave founder Stani announced on the X platform that the Aave V3 lending protocol has been deployed on Monad. It is reported that the initial market supports 12 assets including USDT0, USDC, Aave stablecoin GHO, USDe, mUSD, AUSD, WETH, cbBTC, wstETH, weETH, syrupUSDC, and sUSDe.
MetaMask launches yield-bearing Money Accounts on Monad, where funds deposited by users will be converted into mUSD and automatically earn yield in DeFi protocols. The account supports transfers, trading, spending via the MetaMask Card, and more.
MetaMask has announced the launch of a new self-custodial account, "Money Account," which integrates stablecoin yields, payment spending, and trading functions into a single wallet system, further driving its transformation into a comprehensive financial platform. The product, launched by Consensys, is built on the Monad blockchain, with its core asset being the dollar-pegged stablecoin mUSD. Users can earn a floating annualized yield of up to approximately 4% while holding their assets. Funds will be automatically allocated to decentralized lending protocols such as Morpho, with Aave to be integrated in the future.Unlike traditional DeFi products, this account does not require users to manually transfer funds between protocols. Yields are automatically activated upon deposit and can be directly used for trading functions such as token swaps, perpetual contracts, and prediction markets. (CoinDesk)
according to official sources, OKX has officially launched the MON trading competition with a total prize pool of 25,000,000 MON. From now until 18:00 (UTC+8) on July 9, 2026, new users who complete tasks can receive 260 MON. Additionally, both new and existing users can participate in the MON prize pool by trading MON or BTC spot, with individual rewards of up to 210,000 MON.
Odaily News, According to an official announcement, Binance Wallet has launched the Web3 API, a comprehensive set of API endpoints that allows developers, institutions, and advanced on-chain traders to programmatically access on-chain trading and market data through a single integration. The API supports multiple chains (including Ethereum, BNB Smart Chain, Plasma, Arbitrum, Polygon, Base, Monad, Optimism, Linea, and Solana), providing real-time market data, aggregated swap quotes, and on-chain transaction execution capabilities. Key features include: Market Data API (real-time token prices, candlestick/K-line data), Transaction API (aggregated quotes, token swaps, built-in MEV protection), Non-Custodial Architecture (no private key holding, local user signing), and Enterprise-Grade Reliability. Currently, there are zero service fees and zero positive slippage fees; all price improvements are returned to the user. This API is suitable for developers building DApps, on-chain trading bots, and AI agents.
Odaily Planet Daily reported that according to official sources, the first edition of the OKX Flash Earn Lite event will be launched for MON (Monad) from June 16, 2026, 15:00 to June 20, 2026, 15:00 (UTC+8). During the event, users who participate by locking BTC, OKB, or MON will share a reward pool of 9,500,000 MON.It is reported that Flash Earn Lite is a lightweight version of the OKX Flash Earn product, featuring a more streamlined prize pool and subscription pool design. By participating in the subscription, users can not only earn yields on the base assets but also receive additional token airdrop rewards.
According to an official tweet from HelloTrade, HelloTrade has announced its migration to the Monad ecosystem, aligning closely with Monad’s vision of “making global capital markets more accessible.” HelloTrade stated it will continue advancing its alpha testing and pledged to release further updates on progress.
the decentralized contract trading platform Pingu Exchange has announced its permanent closure, with the platform set to go offline on July 31, 2026. Launched on Arbitrum in January 2024, Pingu started with approximately $270,000 in seed capital, achieving a cumulative trading volume of around $2.4 billion and distributing about $650,000 in ETH and USDC to stakers. The team subsequently migrated to the Monad mainnet, but over the roughly six months following the migration, the platform's trading volume reached only about $80 million. The team has not taken salaries since February to avoid depleting the treasury.