News linked to both this project and an event.
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.
TownSquare, an infrastructure provider for institutional yields and cross-chain lending brokerage services, has partnered with Native, a non-custodial automated trading infrastructure, to launch a $10 million yield-generating vault on the Monad L1. This vault will support assets including USD1, USDC, cbBTC, and MON, offering higher yields than conventional lending through trading-based yield generation. This marks TownSquare’s first collaboration with a trading-based yield manager. The partnership aims to bring real-world asset (RWA) and stablecoin institutional yields to a broader user base. Native is a close partner of Binance Wallet and Buidlpad, having previously launched vaults for BNB and wETH on BNB Chain and Ethereum—demonstrating its stability, scalability, and ability to generate yields for liquidity providers (LPs) managing tens of millions of dollars. This initiative also represents the first trading-yield vault on the Monad chain. Native already operates credit pools across multiple EVM chains with over $35 million in liquidity, achieving daily trading volumes of $50–100 million and cumulative trading volume exceeding $25 billion. Its Proactive Market Making (PMM) structure enables retail users to access institutional-grade trading yields. TownSquare previously launched a $100 million USD1 liquidity program and has raised over $16 million to date—including funding from this collaboration.
Odaily Echo Protocol posted on X platform, confirming a security incident on the Monad cross-chain bridge. An investigation is currently underway, and all cross-chain transaction functions have been suspended. The protocol stated that it will continue to provide updates through official channels once the investigation progresses.
: Kelp posted on X platform, stating that to ensure the security standards of rsETH and optimize network integration, it will discontinue rsETH cross-chain support for multiple networks after June 15. The affected networks include Optimism, Manta, Mode, Blast, Scroll, X Layer, zkSync, Zircuit, Swellchain, Hemi, Berachain, Sonic, HyperEVM, Unichain, TAC, Avalanche, Plasma Stable, MegaETH, Monad, and Movement.Kelp reminds users holding rsETH on the aforementioned chains to bridge it back to the Ethereum mainnet before June 15. After the deadline, asset recovery can still be requested, but a fee of 100 USDC will be charged per address. Specific procedures will be announced closer to the deadline.
TownSquare, an infrastructure platform focused on institutional yield and cross-chain lending brokerage services, has announced a $100 million USD1 token liquidity program—a strategic initiative designed to bring institutional-grade and cross-chain yield opportunities to a broader user base via World Liberty Financial’s USD1 stablecoin and institutional yield strategies. Previously, TownSquare collaborated with the World Liberty Financial DeFi team to integrate the USD1 token onto Monad, a high-performance EVM-compatible chain, and received official incentives from the Monad Foundation. The team stated that this new liquidity program marks TownSquare’s continued commitment to expanding DeFi’s real-world applicability and delivering institutional strategy yields to more assets. Currently, the project’s official website has launched its cross-chain lending functionality, while its yield vault product is listed as “Coming Soon.” According to official information, the project has previously completed a funding round backed by Monad, a16z, Aptos, Solana Bonk, and other U.S. and European angel investors and VCs. The founding team includes alumni from Coinbase, Meta, Accenture, and market-making firms. Details about the project’s next funding round have not yet been disclosed.
According to a post by Category Labs, Category Labs has increased the authorized amount for public-market token buybacks from its previous cap to a maximum of $80 million and extended the execution period through the end of 2026. It stated that any buyback may be initiated, suspended, or terminated at its sole discretion, subject to applicable laws and regulations. This update does not constitute a commitment to repurchase any specific number of tokens but reflects its intention to consider buybacks opportunistically based on market conditions.
Monad’s official X account (@monad) has been reinstated after being suspended yesterday. X did not previously specify the reason for the suspension, and several crypto projects posted in support of its reinstatement.
Monad co-founder Keone Hon posted on platform X, stating that the Monad account was frozen without any warning. He speculated that it was due to a system error. Monad has not engaged in any abnormal operations or violated API usage. They have contacted the X platform support team through multiple channels and expect the account to be restored soon.