How to buy Monad (MON)

How to buy and use Monad (MON) on its native network

Monad is a Layer 1 blockchain. It is designed to be compatible with the Ethereum Virtual Machine (EVM). This means developers can deploy Ethereum smart contracts on Monad without changing the code. Users can use familiar tools like MetaMask to interact with the network.

Verified routes to get MON

You can acquire MON through several centralized and decentralized exchanges.

Centralized exchanges with verified market pairs include:

• Bybit
• OKX
• Gate
• Coinbase Exchange
• MEXC
• Kraken
• KuCoin
• Bitget
• WEEX
• Gemini

Decentralized options include:

• Orca (Solana network)
• Meteora (Solana network)
• Uniswap v4 (Monad) (Monad network)

What the native network does

The Monad network uses optimistic parallel execution. This allows the blockchain to process multiple transactions at the same time. It uses a consensus algorithm called MonadBFT, which is a derivative of HotStuff. The network also uses MonadDB to manage state storage.

Recent developments include a proposal for upgradeable account authentication. This would allow users to rotate or retire their authentication keys without changing their wallet address. The proposal also includes support for post-quantum cryptography to resist future quantum computer attacks. Additionally, the SoFiUSD stablecoin is available on Monad through BitGo.

Wallet, transfer, and network-fee checks

Users should verify the network they are using before any transfer. Monad has a native network, but MON is also available on other chains.

The verified contract addresses are:

• Monad network: 0xeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
• Solana network: CrAr4RRJMBVwRsZtT62pEhfA9H5utymC2mVx8e7FreP2

You can verify addresses and transactions using the Monad explorer.

Self-custody and withdrawal risks

There are several risks to consider when moving MON. Deposit and withdrawal support is not verified for the exchanges listed in this guide. You must check the specific network supported by your exchange before sending funds.

Common mistakes include using lookalike contract addresses or the wrong network. These errors often result in permanent loss of funds. KYC requirements and account features also vary by country.

Sources and methodology

The routes listed in this guide come only from verified market-pair rows in our database. We use web research and news for background and risk context. Information from CoinMarketCap pages is treated as low-confidence context. Live market values are omitted because they change frequently.