Monad Perfomance After TGE Overview

After a strong start to the Monad TGE and MON’s price surge, the chain saw significant inflows of stablecoins and active users.

However, once the hype faded, the chain saw a decline not only in daily active users, but across other metrics as well, alongside MON’s pullback.

Fees dropped from nearly $50K to $3.8K, and DEX volume fell from $170M to $55M.