Monad NFT Marketplaces: Where Liquidity Meets High-Throughput Culture

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Monad is positioning itself as a high-performance, EVM-compatible Layer-1, and NFTs are one of the earliest places you can see that ecosystem forming. Even before full mainnet, marketplaces, tools, and collectors are already stress-testing the chain on testnet.

This article walks through the current state of Monad NFT marketplaces: who’s live, how they work, what kind of projects list there, and what to watch as mainnet liquidity arrives.

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Why NFTs Thrive on Monad

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Monad aims to deliver very high throughput while remaining fully EVM compatible. Official materials describe Monad as an EVM compatible Layer 1 that targets around 10,000 transactions per second with sub second finality and low fees.

For NFT creators and collectors, this matters because it enables large scale mints, smooth marketplace interactions, gaming assets, and social collectibles without congestion or high costs. As a result, the NFT scene on Monad has grown quickly, with many collections and testnet native communities forming ahead of mainnet. You can already see this activity on marketplaces such as Magic Eden’s Monad Testnet section and native platforms like Poply.

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The Marketplace Landscape on Monad

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Monad’s NFT marketplace ecosystem is still early, but it already shows a clear structure. Three types of platforms are shaping activity on the chain:

• Native Monad marketplaces and launchpads, such as Poply, built specifically for the Monad ecosystem.
  
  
• Cross chain or established marketplaces integrating Monad, most notably Magic Eden, which now lists Monad Testnet NFTs alongside other chains.
  
  
• Developer oriented or experimental marketplaces, such as MintyMonad and MonadNFT Marketplace, which provide open source reference implementations for trading NFTs on Monad.
  
  

Each plays a different role in shaping the overall NFT experience on the chain, from community culture to cross chain exposure and technical experimentation.

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Poply: Native Marketplace and Launchpad

Poply is the flagship native NFT marketplace and launchpad built specifically for the Monad ecosystem. Community and project descriptions consistently refer to Poply as a community based, Monad first NFT market and launchpad.

Poply focuses on supporting artists, collectors, and community driven projects while providing a trading experience that fits Monad’s high speed architecture.

Key Features

Poply documentation, ecosystem listings, and the live interface highlight several important characteristics:
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• Collection centered trading for profile picture and generative art collections
  
  
• Listing, buying, and offer flows designed for ERC 721 style NFTs on Monad
  
  
• Activity views that surface listings, sales, and offers across collections and individual wallets
  
  
• Creator friendly royalties enforced at the marketplace level
  
  
• An integrated launchpad that hosts curated mints and collaborations with projects building on Monad
  
  

Poply has also introduced its own flagship collection, Poply Otters. According to Poply, Poply Otters are 6,000 unique Otter NFTs that act as keys to benefits such as lower fees, higher token allocations, and exclusive airdrops for the Poply community.

According to recent announcements on social channels, the Poply Otters mainnet mint is planned for 25 November, with access prioritized for engaged community members.

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Why Poply Matters

Poply aligns closely with the culture forming around Monad. It provides creator tools, community infrastructure, and liquidity centered features that will likely make it a primary venue for native Monad NFT collections as mainnet usage expands. Since Poply has been building on Monad for more than two years and positions itself as the first native marketplace and launchpad on the chain, it is well placed to capture early blue chip collections and long term community attention.

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Magic Eden: Established Multi Chain Marketplace Entering Monad

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Magic Eden is one of the largest NFT marketplaces across Solana, Bitcoin, Ethereum, and several other chains. It has now added dedicated support for Monad Testnet, listing Monad NFTs alongside collections from other ecosystems.

Magic Eden’s stats page explicitly lists Monad Testnet among supported networks, and individual collection pages show trading activity, floor prices, volume, and holder metrics for Monad based NFTs.

Testnet Activity

Magic Eden has already hosted several testnet campaigns and notable collections on Monad, including:
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• Scratchable Monads, promoted as the first interactive scratchable NFT collection on the Monad testnet
  
  
• Monanimal Mayhem, a testnet competition collection that rewarded top players during an event at ETHDenver 2025
  
  
• Collections such as Monad OGs, Freee on Monad Testnet, and various community driven sets listed in the Monad Testnet stats and collection pages
  
  

These campaigns have helped bring early attention and trading volume to Monad NFTs, even while the chain remains in a pre mainnet phase.

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Strategic Importance
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Magic Eden provides several advantages to the Monad ecosystem:
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• Access to a large existing collector base across multiple chains
  
  
• Familiar marketplace tools such as trait filters, activity feeds, charts, and analytics
  
  
• Visibility for Monad NFT projects on a well known platform
  
  
• Support for event style launches and cross ecosystem campaigns through its launchpad and promotional programs
  
  

Magic Eden is expected to remain an important venue for high profile mints and collaborations once Monad mainnet volume grows, especially for collections that want cross chain visibility.

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Experimental and Developer Marketplaces
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Several open source marketplace projects also exist within the Monad ecosystem. These serve as reference implementations, hackathon resources, or starting points for teams building custom marketplaces.
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MintyMonad

MintyMonad is a decentralized NFT marketplace built on the Monad blockchain and published as an open source GitHub repository. Key features described in the README include:
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• Listing and unlisting ERC 721 NFTs
  
  
• Buyer proposals (offers) using MON
  
  
• Seller workflows that accept proposals, transfer NFTs, and refund competing offers automatically
  
  
• Offer cancellation that returns funds to the proposer
  
  

The repository clearly states that MintyMonad is not production ready and should be used only for testing or development. It is primarily useful for builders learning how to implement NFT trading flows on Monad.

Other Open Source Marketplaces

Projects such as MonadNFT Marketplace offer complete marketplace stacks for Monad Testnet. These typically include:
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• NFT minting contracts
  
  
• Listing and delisting logic
  
  
• Purchase flows with marketplace fees (for example, a 2.5 percent fee in MonadNFT Marketplace)
  
  

These templates provide useful boilerplate code for developers and new teams in the ecosystem that want to build branded marketplaces, gaming hubs, or NFT enabled applications on Monad.

NFT Ecosystem Momentum

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Beyond the marketplaces themselves, the broader Monad NFT ecosystem is already highly active. Ecosystem trackers and media coverage report dozens of collections ranging from profile picture projects to gaming related NFTs.

On Magic Eden’s Monad Testnet stats page, you can see a growing list of collections with measurable volume, floor prices, and holder counts.

Poply’s explore page also highlights top collections such as Poply Otters and other early projects that trade on the native marketplace.

Dedicated NFT calendars and event platforms have started to include Monad specific drops, showing that creators see Monad as a viable launch venue even before full mainnet is live.

All signs point to a rapidly expanding culture that will mature significantly with the arrival of mainnet liquidity.

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Risks and Challenges

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Although Monad has strong momentum, there are important considerations for both creators and collectors:

• Liquidity on new chains can be thin, which makes price discovery volatile
  
  
• Some marketplace contracts are still new or experimental, so independent security audits and code reviews are essential
  
  
• Royalties and creator economics may differ between native marketplaces and cross chain platforms, depending on how each handles enforcement
  
  
• Volume may fragment between Poply, Magic Eden, and future aggregators until the market structure settles
  
  
• Testnet collections may not always transition smoothly into mainnet environments or may be used primarily for experimentation
  
  

Collectors and creators should evaluate marketplaces, contract audits, team credibility, and long term plans before committing to high value activity.

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Practical Guidance for Creators and Collectors

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For creators

• Use Poply for native Monad launches, community alignment, and access to a Monad first audience
  
  
• Use Magic Eden for cross chain exposure, data rich trading tools, and event driven mints
  
  
• Consider open source marketplace templates such as MintyMonad and MonadNFT Marketplace if you want full control over branding, economics, and custom features
  
  

For collectors

• Explore Monad Testnet collections on Magic Eden to learn the landscape with test tokens and minimal financial risk
  
  
• Monitor which collections secure strong community traction and clear roadmaps as mainnet approaches
  
  
• Track liquidity concentration and user activity across Poply and Magic Eden to understand true market depth rather than relying on floor price alone

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Conclusion

Monad’s NFT marketplace layer is still early, but it is already forming a rich ecosystem driven by community energy, creator experimentation, and high throughput infrastructure.

Poply serves as the native, community oriented marketplace and launchpad for Monad NFT projects. Magic Eden brings multi chain scale, brand recognition, and trading standards through its Monad Testnet integration and future mainnet support. Developer marketplaces and open source templates provide the foundation for custom platforms and innovation.

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As mainnet liquidity arrives, Monad has the opportunity to evolve into a competitive hub for NFT trading, digital art culture, and high performance collectible ecosystems.

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