Monad is a high-performance Layer 1 blockchain that processes 10,000 transactions per second with near-zero fees. The platform delivers high performance without compromising on security or decentralization, creating the infrastructure needed for complex applications that require high-frequency activity.
Order Book
Connecting…Price Chart: MON
Largest Bid Walls
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Largest Ask Walls
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MON Funding Rate History
Last 7 days · 168 intervalsOver the last 7 days, MON funding has averaged 0.00239% per hour, an annualised rate of 20.9%. Longs paid shorts in 97% of intervals, meaning positioning has leaned long and holding a long position carried an ongoing cost. The rate ranged from -0.00513% to 0.01435%. Work out what this costs on your own position with the funding rate calculator.
MON funding & market FAQ
What is the current MON funding rate?
The current MON funding rate on Hyperliquid is 0.00125% per hour, with a predicted next rate of not yet available. Over the past 7 days it has averaged 0.00239%. Hyperliquid charges funding every hour, unlike most centralised exchanges which charge every eight.
Who pays funding on MON right now?
The rate is positive, so longs pay shorts. This happens when the perpetual trades above spot price, and it makes holding a long position an ongoing cost. See how funding rates work for the full mechanism.
What does MON open interest tell me?
MON currently has $63,945,027 of open interest, ranking #40 of 533 Hyperliquid markets. Open interest measures capital currently committed to open positions rather than trading activity, so rising open interest alongside rising price indicates new positions rather than a short squeeze. Read more on open interest.
What is my liquidation price on a MON position?
At the current mark price of $0.033390, a 10x long would be liquidated around $0.030051 and a 10x short around $0.036729. Higher leverage moves those levels much closer — calculate yours exactly with the liquidation price calculator.
Can I trade MON perpetuals without an account?
Trading requires a Hyperliquid wallet connection, but all the data on this page is public and free to view. You can also inspect any trader's MON positions, entries and realised PnL by pasting their wallet address — no sign-up needed.
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