Hyperliquid MON-USD Perpetuals is gearing up for an airdrop.

New Beginnings from Hyperliquid

Hyperliquid announced that it has listed the MON-USD trading pair as a decentralized perpetual trading exchange. This new trading option offers investors the opportunity to take long or short positions on the token in question.

Monad Token Airdrop is Coming

MON is the native token of the Monad project, which is a Layer 1 blockchain designed to be fully compatible with the Ethereum Virtual Machine. It offers various advantages to help developers easily migrate applications from Ethereum.

According to the latest social media updates from Monad, the countdown for the project's airdrop has reached %98. This indicates that a potential airdrop may take place very soon. According to an update on October 8, a process that investors have been closely monitoring is about to begin.

Live Trades in the MON Market

The MON token is currently trading at approximately $0.13. Based on evaluations at this price, the fully diluted valuation (Fully Diluted Valuation - FDV) of Monad is estimated to be around $13 billion. A total of 100 billion MON tokens are expected to be distributed through the airdrop.

In the new MON market, trading volume has reached a significantly high level in the last 24 hours. Transactions worth $28 million occurred on the decentralized exchange. Investors are closely watching these markets to take advantage of new opportunities.