Backpack Exchange Lists MON — Trade MON Spot and Perps

Backpack Exchange is excited to bring MON to our spot and perpetual futures markets, giving traders access to the native token of the Monad ecosystem on our secure, high-performance platform.

_{This article is for informational purposes only and may not apply in all regions.}

GM Backpackers,

Backpack Exchange lists MON, the native token of the Monad Layer 1 blockchain. MON will be available on both spot trading and perpetual futures starting November 24, 2025. Spot trading will open on MON/USDC, while perpetual traders can take positions on the MON-PERP market.

Backpack is excited to support the launch of MON and provide a fast, reliable, and secure venue to start trading MON across multiple market types.

Listing Details

• Token symbol: MON
  
• Listing date and time: November 24, 2025 — 16:00 UTC
  
• Supported markets:
  
  • Spot: MON/USDC
    
  • Perpetual futures: MON-PERP
    
• Deposit availability: November 24, 2025 — 15:00 UTC
  
• Trading start: November 24, 2025 — 16:00 UTC
  
• Supported networks: Monad
  

Token Information

• Total supply: 100,000,000,000 $MON
  
• Circulating supply: 10,830,000,000 $MON
  
• Max supply: 100,000,000,000 $MON
  
• Fully diluted valuation: $3.08B
  
• Project summary: Monad is a high-performance EVM-compatible Layer 1 blockchain engineered for parallel execution, low fees, and rapid finality. Its goal is to deliver a next-generation environment for developers and on-chain applications.
  

Why Trade MON on Backpack Exchange

Native MON Deposits

Users can deposit MON directly from the Monad mainnet into their Backpack wallet for seamless access and improved liquidity.

Spot and Perpetual Trading

Users can trade MON/USDC on Backpack’s secure, low-fee spot market starting at 16:00 UTC on November 24, 2025. They can also open leveraged positions on MON-PERP in the perpetual futures market.

Monad Launch Rewards

Trade during the Monad Mania campaign to unlock up to $32,000 in rewards. 

Limited-Time Achievements

Limited-time achievements are now live , trade, deposit, or lend MON to unlock exclusive achievements and rewards.

Getting Started

1. Open or log in to your Backpack account. Complete identity verification if required in your region.
   
2. Deposit funds. Add USDC, SOL, ETH, MON or supported assets to prepare for MON spot and perp trading.
   
3. Start trading. When markets open at 16:00 UTC, place buy or sell orders on MON/USD or take leveraged positions on MON-PERP.
   

For the best experience, download the Backpack mobile app and explore our tutorials and platform guides.

Learn more about Backpack

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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.