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Fluid Co-founder Admits Vaults Rehypothecate Collateral and Are Not Fully Isolated↗
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Fluid Co-founder Admits Vaults Rehypothecate Collateral and Are Not Fully Isolated

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X Terminates EU Commission Ad Account Citing Reach Manipulation

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24H Summary: Hyperliquid Integrates Native USDC & French Bank BPCE Enters Crypto

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6 Hour Summary: Jupiter Retracts 'Zero Risk' Claims & Hyperliquid Lists SOL Ticker

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Poland Becomes Sole EU MiCA Holdout After Parliament Fails to Overturn Veto

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CZ Emphasizes Strict Private Key Isolation for Hardware Wallets

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US Small Business Bankruptcies Surge to Records as Inflation Persists

 
Crypto

Monad Mainnet Live: Wormhole Integration, $53M Volume, and Ecosystem Updates

11/27/2025, 06:36
11/27/2025, 20:06
AI SUMMARY
●Monad Mainnet is live with Wormhole as the native bridge, facilitating over $53M in trading volume despite 52% of airdrop recipients selling their allocation.
●Wormhole has issued a new directive encouraging users to utilize the native bridge and explore the ecosystem, coinciding with official infrastructure updates from the Monad team.
●The integration powers critical cross-chain connectivity, with over 3.33 billion MON tokens claimed by 76,000+ wallets.
On-chain statistics compiled regarding the Monad airdrop distribution reveal significant selling pressure from recipients alongside a successful mainnet launch. Out of 76,021 wallets that claimed the airdrop, data initially showed that 39,796 wallets (52.4%) had already sold or transferred their tokens. The mainnet launch has facilitated over $53M in trading volume on Solana via NTT, highlighting substantial initial activity despite the sell-off. Wormhole integration plays a central role in this launch, having been selected as the native bridge to power cross-chain connectivity. This infrastructure is critical for the initial volume and asset transfers occurring across the ecosystem. [Update 1] Wormhole has explicitly encouraged users to utilize the Monad native bridge and explore the surrounding ecosystem. This directive follows a recent update from the Monad team sharing relevant links to their infrastructure. The message also highlighted the W token symbol in the context of exploring these ecosystem developments, reinforcing the strategic partnership.

Sources (8)

01@wormhole↗02@monad↗03@wormhole↗04@Dune↗05@Sunrise_DeFi↗06@SOU_BTC↗07@PANews↗08@Foresight_News↗
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