Key Takeaways:
- Live & Ready – As of Feb 19, 2025, Monad’s 10,000+ TPS testnet is live. Use Backpack wallet to get started.
- Earn & Explore – Users can trade $MON, mint NFTs, and use dApps like Kizzy (bet on viral tweets), Plato2Earn (eat-to-earn), and LEVR Bet (leveraged sports betting) to earn testnet rewards.
- Expanding Ecosystem – Platforms like TowneSquare (web3 onboarding) and Nad.Fun (meme trading) are live, with exclusive rewards for Backpack users.
Monad Testnet is just days in and already packed with apps and opportunities! You can start earning points that will convert to mainnet rewards. We've put together a quick guide to get you started.
Let's dive in.
What is Monad?
Monad is one of the newest L1 blockchains aligned with EVM (Ethereum Virtual Machine) to scale transaction speeds and lower costs. Backpack Wallet is proud to offer full support of the Monad testnet. For a comprehensive guide to Monad check out our article here.
Here's a throughput comparison to get you excited about the possibilities:
- Ethereum L1 → ~250-300 TPS
- Solana → ~65,000 TPS (theoretical, real-world lower)
- Monad → Targeting 10,000+ TPS
Is Monad Testnet live?
Yes! As of February 19th, 2025 Monad Testnet is live and available on Backpack wallet. Keep scrolling to get started.
How do I get a Monad Wallet?
To get started on Monad, you’ll need a wallet.
- Open your Backpack wallet.
- Click the network symbol near the top left, and then click + Add Network.
- Select Monad testnet.
- Click the + symbol to add a new Monad wallet.
How do I get MONS (Monad tokens)?
To interact on Monad you'll need some gas tokens. Stay safe and remember to use a fresh wallet when you're connecting with beta projects.
Here's the easiest way:
- Go to https://testnet.monad.xyz and connect your wallet.
- Don't forget to connect your Discord if you are in the Monad Community or Monad Developer Discords.
- Copy/paste your wallet address from Backpack into testnet.
- Violá.
The Monad testnet faucet often experiences high demand, so users may encounter delays when claiming testnet $MON tokens. Fortunately, there are several alternative faucet sites available. We recommend using multiple sources to maximize your token balance—giving you more opportunities to interact with the Monad ecosystem and potentially increase your eligibility for future airdrops.
Here’s a list of other reliable faucets where you can claim testnet Monad ($MON) tokens:
- Official Monad Testnet Faucethttps://testnet.monad.xyz/: Grants tokens based on Ethereum wallet activity or specific Discord roles.
- Morkie MON Faucet https://faucet.morkie.xyz/monad: Requires a minted Morkie ID on Base or Polygon networks.
- Gas.zip MON Faucet https://www.gas.zip/faucet/monad: Demands a minimum of 20 transactions on Gas.zip and at least 0.33 ETH in the wallet.
- Apriori Faucet https://stake.apr.io/faucet: Offers the option to auto-stake MON into APR tokens or receive MON directly.
- Telegram Faucet Bot https://t.co/nIAoL7yU6E: Users can request daily MON by sending specific commands to the bot.
- ThirdWeb Faucet https://thirdweb.com/monad-testnet: Allows small MON claims every 24 hours.
How do I trade MONS?
After claiming your $MON, head to the testnet homepage to buy some $DAK, $YAKI, and $CHOG. To get a quick taste of trading, just scroll down the testnet page.
Next, go mint free NFTs from @chogstarrr, @monadverse & @_morkie. These collectibles will soon be viewable in Backpack.
What else is happening on Monad Testnet?
Check out the Backpack Explore tab and access a wide variety of Monad projects. (Click on the bottom right "Explore" button on your Backpack Wallet).
What is Kizzy?
Kizzy Mobile lets you bet on which tweets will go viral, turning your social media insights into tangible rewards. By leveraging the Monad blockchain, Kizzy ensures a secure and transparent platform for all users. Head over to Kizzy and create a profile and use invite code BCKPCK for a special upcoming drop. Follow @kizzymobile on X for more details.
What is Plato2Earn?
Try using @Plato2Earn, the eat-to-earn app that gamifies dining. Download the app through the special link in our Explore tab to start competing for rewards.
Plato2Earn is merging dining with gamification. With Plato Eats, users can explore local eateries, check in, and earn FAT Dollars—a unique reward system designed to incentivize dining adventures. With the Season Pass, diners can boost their earnings, unlocking enhanced rewards and exclusive perks. Plato2Earn's mission is to support local restaurants and foster community engagement, creating a win-win scenario for both food enthusiasts and dining establishments.
What is LEVR Bet?
Currently in its BETA phase, LEVR Bet has introduced the world's first decentralized leveraged sports book exchange. Now live on Monad testnet, LEVR Bet offers you thethe ability to place bets with up to 5x leverage, enhancing potential returns. The platform's unique features include real-time position adjustments during live games, thanks to its integration of onchain perpetual trading mechanics with traditional sports wagering.
Enter the @LEVR_bet Lab to complete quests and earn Pre-Season Points (PSP). Connect with Backpack for an instant +1000 PSP.
Monad and TowneSquare
Next, head over to TowneSquarexyz and start interacting with key protocols like @apr_labs, @MagmaStaking, and @KuruExchange. TowneSquare is a web3 onboarding tool designed to simplify the user experience across dapps. Built on Monad, it helps you interact smoothly with multiple dapps without the usual technical friction—like managing complex wallet interactions or transactions separately. It provides one-click access and a unified profile, allowing you to earn reputation or "Cred points" as you engage.
Connect with Backpack for a 30% points boost!
How do I use Nad.Fun?
Nad.fun is where memes meet trading. Built (of course) on Monad, Nad.Fun is a social meme platform that lets you create, trade, and engage in a seamless, gamified experience. We've got a whole article about it right here. Right now, Nad.Fun is in testnet mode, which means early adopters get first-mover advantage—testing, refining, and earning rewards in Season 0 of Nad.fun Rewards.
This isn’t just another meme site—it’s a decentralized hub for culture, community, and crypto-native engagement. If you’re into trading, social hype, or just want to be part of the next big thing, now’s the time to jump in. Follow @NadDotFun on Twitter, join their Discord, and start shaping the future of meme markets today.
Now for the real alpha...Head over to Nad.Fun and create your first memecoin to start earning points. Connect with Backpack for a 20% points boost.
Kuru (CLOB)
Kuru is an on-chain Central Limit Order Book (CLOB) exchange designed for traders, leveraging Monad's high-performance capabilities to offer efficient and secure trading experiences. Its smart contracts are optimized for the Ethereum Virtual Machine (EVM), allowing market makers to place and cancel limit orders with low, predictable gas costs—resulting in tighter spreads and improved liquidity.
The project has garnered attention in the crypto community, raising $2 million in funding from prominent investors such as Electric Capital (lead), CMS Holdings, Brevan Howard Digital, and others. Kuru Exchange went live on Monad’s public testnet in February 2025, marking a significant milestone with notable community engagement, including over 120,000 wallets created and 175,000 unique users during its initial rollout.
Bean Exchange
Bean Exchange is a decentralized platform offering both spot and perpetual trading, natively built on the Monad blockchain. It aims to provide users with a fully on-chain, decentralized trading experience that emphasizes capital efficiency and long-term growth. The platform incorporates gamification elements and fosters a vibrant social trading ecosystem to enhance user engagement. Bean Exchange is powered by Pyth, ensuring reliable and accurate market data for its users.
Curvance
Curvance is a multichain liquidity protocol built to unlock capital efficiency across DeFi. By supporting cross-chain interoperability, Curvance allows users to supply, borrow, and earn yield across multiple blockchain networks—all while managing risk through a unified interface. At the core of its ecosystem is the CVE governance token, which users can lock to receive veCVE—granting voting rights, emission control, and access to protocol revenue. This vote-escrow model aligns long-term incentives with protocol growth and governance.
Stay tuned for more opportunities for Monad and Backpack!
Learn more about Backpack
Exchange | Wallet | Twitter | Discord
Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Backpack. Please read our full disclaimer for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Backpack is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice.
