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Monad Perfomance After TGE Overview
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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.
In This News
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In This News
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Monad Perfomance After TGE Overview
Share:
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.
In This News
Share:
In This News
Share: