{"id":89718,"date":"2025-10-08T15:36:31","date_gmt":"2025-10-08T12:36:31","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89718"},"modified":"2025-10-08T15:40:15","modified_gmt":"2025-10-08T12:40:15","slug":"hyperliquid-launches-pre-market-trading-for-monad-contracts","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/hyperliquid-launches-pre-market-trading-for-monad-contracts\/","title":{"rendered":"Hyperliquid Launches Pre-Market Trading for Monad Contracts"},"content":{"rendered":"

The exchange Hyperliquid, known for its perpetual swaps, has initiated<\/a> trading for MON-USD contracts.<\/p>\n

<\/p>\n

Traders can open long and short positions<\/a> with leverage<\/a> up to 3x. Pre-market<\/a> trading is conducted in the format of hyperps<\/span>.\u00a0<\/p>\n

According to the exchange’s website<\/a>, such derivatives<\/a> are independent of spot prices or index oracles<\/a>, distinguishing them from traditional instruments.<\/p>\n

MON is the native token of Monad<\/a>. In February, the project launched<\/a> a public test network.<\/p>\n

The platform is positioned<\/a> as a high-performance solution fully compatible with EVM<\/a>, simplifying the transfer of applications developed for the Ethereum<\/a> ecosystem.<\/p>\n

In the initial hours post-launch, the MON market on Hyperliquid saw a trading volume of $22.2 million, with open interest exceeding $5 million. At the time of writing, the token is trading at $0.15, with a fully diluted valuation<\/a> of the project at $15 billion.<\/p>\n

\"image1\"
Source: Hyperliquid<\/a>.<\/figcaption><\/figure>\n

Monad is actively preparing for an upcoming airdrop<\/a>. The project’s official page on X indicates that the token distribution will occur soon. Judging by the number of comments on the post, interest in the project continues to grow.<\/p>\n

\n

airdrop claim loading
\u2593\u2593\u2593\u2593\u2593\u2593\u2593\u2593\u2593\u2593\u2591\u2591\u2591 80%<\/p>\n

\u2014 Monad (mainnet arc) (@monad) October 6, 2025<\/a><\/p><\/blockquote>\n