Hyperliquid lists Monad Perpetuals leading to AirDrop with nearly $ 13B appreciation

Hyperliquid, the decentralized perpetuals exchange, announced Wednesday that it listed Mon-USD Hyperps, It is allowed for merchants to go long or short the token in a pre-market phase.

Mon is the native token of Monad, a layer 1 blockchain designed to be fully compatible with the Ethereum Virtual Machine (EVM) – a feature that makes it easier for developers to switch their applications from Ethereum.

Both Hyperliquid announcement and Monad’s recent posts suggest that an AirDrop According to Monad’s latest update In X.

Based on Mon-USD Hyperp trading, priced near $ 0.13, Monad’s fully diluted valuation (FDV) takes approximately $ 13 billion, with 100 billion mon tokens expected to be distributed by airdrop.

The new Mon Market has seen strong activity, recording $ 28 million in trading volume over the past 24 hours in decentralized exchange.

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